Steico sees FY 2026 EBIT at EUR 30.6 million-EUR 35 million
Bitget2026/10/13 17:56- Steico narrowed its FY 2026 revenue outlook to 0% to +4%, implying turnover of EUR 382.9 million to EUR 398.2 million.
- Full-year EBIT is forecast at EUR 30.6 million to EUR 35 million, implying an EBIT margin of 8.0% to 8.8%.
- Guidance update follows 9M revenue up 3.1% to EUR 301 million, EBITDA down 11.1% to EUR 47.1 million.
- 9M EBIT fell 16.8% to EUR 24.9 million, reflecting a weather-related Q1 slump plus persistently high energy and raw material costs.
- Management cited overcapacity and price pressure in wood fiber insulation, weighing on market conditions despite rising building permits.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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