Stemmer Imaging presents double-digit growth figures
Stemmer Imaging has presented preliminary figures for the 2022 financial year. The company continues to be successful.
Despite the challenging macroeconomic conditions and continuing supply bottlenecks, the company once again reported clear double-digit growth rates for sales and earnings for the past financial year and is continuing the steady growth in profitability indicators that has now been going on for twelve quarters.
According to the preliminary status of the audit, the group generated sales of EUR 155.4 million, which corresponds to growth of 19.4 percent compared to the previous year. The operating result (EBITDA) rose significantly to EUR 28.2 million (previous year: EUR 17.4 million). The EBITDA margin increased from 13.3 percent in the previous year to 18.2 percent. The results achieved are thus at the upper end of the sales range of EUR 150-156 million adjusted in November 2022 and above the already increased EBITDA range of EUR 24.0-27.5 million.
The positive sales and earnings development of the past quarters continued in the fourth quarter of the 2022 financial year and ensured a renewed increase in sales and earnings compared to the previous quarter. Over the course of the year, Stemmer Imaging AG was able to further expand its position in strategic growth markets. The record result was not only supported by strong market dynamics, but also by important successes in strategic end markets such as e-mobility and sports & entertainment. In addition, despite the global delivery bottlenecks, Stemmer Imaging was able to use its differentiated positioning and translate it into positive sales and earnings effects.
The figures disclosed in this release are preliminary and unaudited. Stemmer Imaging AG will publish the final financial result for the 2022 financial year on March 31, 2023.
