STEICO SE Reports Solid Q1 2025 Growth Amidst Challenging Construction Sector

STEICO SE has announced a robust performance in Q1 2025 despite ongoing challenges in the construction industry. The company's revenue grew by 6.2% to €101.8 million, up from €95.9 million the previous year. Total operating performance increased by 4.7% to €97.5 million. This was attributed to the strength of timber construction, heightened refurbishment activities, and expanding market penetration.

However, EBITDA fell by 4.0% to €17.0 million, while EBIT decreased by 17.6% to €8.9 million. This was influenced by a significant drop in currency hedging income and the sale of CO2 certificates, alongside increased depreciation due to new plant operations.

Looking ahead, the Executive Board forecasts a 3% growth in 2025. Despite competitive pressures, EBIT is expected to range from €27 million to €35 million.