Earnings release
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PRESS RELEASE STRATEC WITH FURTHER ACCELERATION IN SALES AND EARNINGS GROWTH IN FIRST QUARTER OF 2021 ● ● ● ● ● Sales up by 32.5 % at constant currency to € 72.0 million in Q1 / 2021 ; nominal + 27.4 % ( QI / 2020 : € 56.5 million ) Adjusted EBIT in Q1 / 2021 rises by 109.5 % to € 16.0 million ( Q1 / 2020 : € 7.7 million ) Adjusted EBIT margin for Q1 / 2021 improves by 870 basis points to 22.3 % ( Q1 / 2020 : 13.6 % ) Further succes in pressing ahead with development pipeline Recently raised guidance for 2021 confirmed : Constant - currency sales growth at least in a high single - digit percentage range and adjusted EBIT margin of around 17.5 % to 18.5 % expected Birkenfeld , May 7 , 2021 STRATEC SE , Birkenfeld , Germany , ( Frankfurt : SBS ; Prime Standard , SDAX ) today announced its financial results and major events for the period from January 1 , 2021 to March 31 , 2021 with the publication of its Quarterly Statement Q1 | 2021 . KEY FIGURES € 000s Sales I 2 EBITDA EBITDA margin ( % ) Adj . EBIT Adj . EBIT margin ( % ) Adj . consolidated net income Adj . earnings per share ( € ) Earnings per share ( € ) Adj . = adjusted bps = basis points QI / 2021 71,995 18,840 26.2 16,045 stratec .. 22.3 13,147 1.09 0.95 QI / 2020 56,504 10,142 17.9 7,658 13.6 6,246² 0.52² 0.37² Change + 27.4 % + 85.8 % +830 bps + 109.5 % +870 bps + 110.5 % + 109.6 % + 156.8 % For comparison purposes , adjusted figures exclude amortization resulting from purchase price allocations in the context of acquisitions . Result from continuing operations . 1/5