STRATEC WITH DOUBLE-DIGIT SALES AND EARNINGS GROWTH IN FIRST HALF OF 2019
(WorldNews Germany)

PRESS RELEASE STRATEC WITH DOUBLE-DIGIT SALES AND EARNINGS GROWTH IN FIRST HALF OF 2019 Sales in H1/2019 showyear-on-year growth of 21.7% at constant currency to EUR 110.4 million; nominal growth of +24.1% (H1/2018: EUR 88.9 million) Adjusted EBIT for H1/2019 up 40.4% to EUR 12.7 million (H1/2018: EUR 9.1 million) Adjusted EBIT margin improvesyear-on-year by 130 basis points to 11.5% Successful market launch of new products and strong development pipeline Financial guidance for fiscal year 2019 confirmed Birkenfeld, August 15, 2019 STRATEC SE, Birkenfeld, Germany, (Frankfurt: SBS; Prime Standard) today announced its financial results and major events for the period from January 1, 2019 to June 30,...