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STEICO (ST5) investor relations material
STEICO Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue grew 1.8% year-over-year to €382.9 million, with solid earnings despite sector headwinds and a production disruption in June that extended lead times into autumn.
EBITDA declined 14.9% to €67.9 million, while EBIT was stable at €35.9 million, reflecting margin improvements from efficiency initiatives.
Net income decreased 7.6% to €17.8 million, mainly due to a higher tax rate and increased personnel expenses.
The company maintained a strong equity ratio of 61.2% and ended the year with €43.6 million in cash.
Financial highlights
Revenue: €382.9 million (+1.8% year-over-year); EBITDA: €67.9 million (-14.9%); EBIT: €35.9 million (-0.4%).
Net income: €17.8 million (-7.6%); EBT: €29.5 million (+6.8%).
Gross profit: €198.5 million (flat year-over-year); EBITDA margin: 17.7%; EBIT margin: 9.4%.
Equity increased to €360.6 million, with an equity ratio of 61.2%.
Cash flow from operating activities: €54.0 million; net debt/equity ratio improved to 1.58.
Outlook and guidance
2026 revenue expected to range from €375 million to €398 million (-2% to +4% year-over-year), with EBIT between €30 million and €38 million (margin 8.0% to 9.5%).
Management anticipates a revival in construction activity in 2026, but notes ongoing geopolitical and inflationary risks.
- Q1 2026 saw lower revenue and margins from weather and cost pressures, but recovery is expected.ST5
Q1 202617 Apr 2026 - Earnings remained resilient despite slower market recovery and operational disruptions.ST5
Q3 202525 Oct 2025 - Revenue up 4.4% year-over-year, but EBIT and net profit declined; full-year outlook confirmed.ST5
Q2 202528 Jul 2025 - Revenue and EBIT surged in 9M 2024, but Q4 faces headwinds from lower hedging gains.ST5
Q3 202413 Jun 2025 - EBIT doubled in H1 2024 on strong currency gains, but higher H2 costs are expected.ST5
Q2 202413 Jun 2025 - Q1 2025 revenue up 6.2% to €101.8M, but EBIT fell 17.6% amid construction sector weakness.ST5
Q1 20256 Jun 2025 - STEICO SE's 2024 EBIT missed guidance despite revenue growth, due to higher costs.ST5
Q4 20245 Jun 2025
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