Nachricht vom 07.04.2021 | 07:30
STS Group AG emerges stronger from 2020 and publishes positive outlook for the 2021 financial year
DGAP-News: STS Group AG
/ Key word(s): Annual Report/Forecast
07.04.2021 / 07:30
Final Group figures for revenue and adjusted EBITDA confirm preliminary figures from March 15, 2021
Revenue from continuing operations down 6.2% to 235.0 mEUR (2019: 250.7 mEUR) and improved adjusted EBITDA margin of 7.5% (2019: 7.1%)
Discontinued operation Acoustics with earnings of -9.3 mEUR (2019: -7.6 mEUR)
Outlook 2021: Organic revenue growth in the scale of 10% and adjusted EBITDA margin in the high single-digit percentage range
Hallbergmoos/Munich, April 7, 2021. STS Group AG (ISIN: DE000A1TNU68), a global systems supplier for the automotive industry listed in the General Standard of the Frankfurt Stock Exchange, today publishes its annual report, audited consolidated figures for the 2020 financial year and confirms the key preliminary figures from the publication of March 15, 2021.