Earnings release
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PRESS RELEASE STRATEC POSTS SUBSTANTIAL GROWTH AND INCREASED PROFITABILITY IN FIRST NINE MONTHS OF 2021 ● Sales in 9M / 2021 increase by 29.5 % at constant - currency to € 225.4 million ( 9M / 2020 : € 179.1 million ) ; nominal + 25.9 % Adjusted EBIT in 9M / 2021 rises by 73.1 % to € 48.7 million ( 9M / 2020 : € 28.1 million ) Adjusted EBIT margin improves by 590 basis points to 21.6 % ( 9M / 2020 : 15.7 % ) Further product launches in third quarter of 2021 and well - filled development pipeline Recently raised guidance for 2021 confirmed : Constant - currency sales growth of at least 16.0 % and adjusted margin of around 19.0 % to 20.0 % expected Birkenfeld , November 11 , 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 September 30 , 2021 with the publication of its Quarterly Statement 9M | 2021 . KEY FIGURES € 000s Sales EBITDA EBITDA margin ( % ) Adj . EBIT Adj . EBIT margin ( % ) Adj . consolidated ne income Adj . earnings per share ( € ) Earnings per share ( € ) Adj . = adjusted bp = basis points I 9M / 2021 225,420 57,665 25.6 48,690 21.6 40,563 3.35 3.00 9M / 2020 179,082 35,821 20.0 28,121 15.7 23,765² 1.97² 1.55² Change Q3 / 2021 Q3 / 2020 Change + 25.9 % + 61.0 % +560 bps stratec .. + 73.1 % +590 bps + 70.7 % + 70.1 % + 93.5 % 69,655 17,391 25.0 14,233 20.4 12,016 0.99 0.92 59,715 12,284 20.6 9,708 16.3 8,170² 0.67² 0.54² + 16.6 % + 41.6 % +440 bps + 46.6 % +410 bps + 47.1 % + 47.8 % + 70.4 % To facilitate comparison , adjusted figures exclude amortization resulting from acquisition - related purchase price allocations and an impairment recognized on a proprietary development project in the second quarter of 2021 . 2 Result from continuing operations . 1/4