STEICO (ST5) Q4 2024 earnings summary

Executive summary

• Reported unaudited 2024 revenue of €376.3 million, up from €365.3 million year-over-year.

• EBIT reached €36.1 million in 2024, compared to €30.4 million in the previous year.

Financial highlights

• Revenue increased by €11 million year-over-year.

• EBIT rose by €5.7 million year-over-year.

• Revenue was in line with expectations, while EBIT fell short of the €38–40 million guidance.

Outlook and guidance

• Revenue met the forecast of around €375 million.

• EBIT was below the expected range due to higher costs and one-off personnel effects.