Stratec (ETR:SBS) Third Quarter 2024 Results

Key Financial Results

• Revenue: €57.2m (down 8.7% from 3Q 2023).

• Net income: €549.0k (down 89% from 3Q 2023).

• Profit margin: 1.0% (down from 8.2% in 3Q 2023). The decrease in margin was driven by lower revenue.

• EPS: €0.045 (down from €0.42 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Stratec Earnings Insights

Looking ahead, revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Medical Equipment industry in Germany.

Performance of the German Medical Equipment industry.

The company's shares are down 9.4% from a week ago.

Risk Analysis

You should learn about the 1 warning sign we've spotted with Stratec.

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