Annonce • May 11
Surteco Group SE, Annual General Meeting, Jun 19, 2026 Surteco Group SE, Annual General Meeting, Jun 19, 2026, at 10:00 W. Europe Standard Time. Reported Earnings • Apr 21
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: €0.92 loss per share (down from €0.54 profit in FY 2024). Revenue: €823.8m (down 4.1% from FY 2024). Net loss: €14.3m (down 270% from profit in FY 2024). Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 21%. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Consumer Durables industry in Europe. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. New Risk • Mar 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.5x net interest cover). Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (8.5% average weekly change). Price Target Changed • Dec 09
Price target decreased by 16% to €21.75 Down from €25.95, the current price target is an average from 2 analysts. New target price is 90% above last closing price of €11.45. Stock is down 41% over the past year. The company is forecast to post earnings per share of €0.08 for next year compared to €0.54 last year. Reported Earnings • Nov 02
Third quarter 2025 earnings released: EPS: €0.02 (vs €0.39 loss in 3Q 2024) Third quarter 2025 results: EPS: €0.02 (up from €0.39 loss in 3Q 2024). Revenue: €204.3m (down 5.2% from 3Q 2024). Net income: €314.0k (up €6.36m from 3Q 2024). Profit margin: 0.2% (up from net loss in 3Q 2024). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Consumer Durables industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 01
Second quarter 2025 earnings released: €0.025 loss per share (vs €0.45 profit in 2Q 2024) Second quarter 2025 results: €0.025 loss per share (down from €0.45 profit in 2Q 2024). Revenue: €214.4m (down 5.2% from 2Q 2024). Net loss: €386.0k (down 106% from profit in 2Q 2024). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Consumer Durables industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Jun 05
Upcoming dividend of €0.30 per share Eligible shareholders must have bought the stock before 12 June 2025. Payment date: 16 June 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (4.3%). Lower than average of industry peers (4.3%). Reported Earnings • May 02
First quarter 2025 earnings released: €0.33 loss per share (vs €0.45 profit in 1Q 2024) First quarter 2025 results: €0.33 loss per share (down from €0.45 profit in 1Q 2024). Revenue: €222.8m (flat on 1Q 2024). Net loss: €5.10m (down 174% from profit in 1Q 2024). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Consumer Durables industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Annonce • May 01
Surteco Group SE, Annual General Meeting, Jun 11, 2025 Surteco Group SE, Annual General Meeting, Jun 11, 2025, at 10:00 W. Europe Standard Time. Annonce • Apr 30
Surteco Group SE announces Annual dividend, payable on June 16, 2025 Surteco Group SE announced Annual dividend of EUR 0.3000 per share payable on June 16, 2025, ex-date on June 12, 2025 and record date on June 13, 2025. New Risk • Dec 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.4x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Large one-off items impacting financial results. Major Estimate Revision • Dec 10
Consensus EPS estimates fall by 55% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from €1.23 to €0.55 per share. Revenue forecast steady at €868.5m. Net income forecast to grow 128% next year vs 20% growth forecast for Consumer Durables industry in Germany. Consensus price target of €25.55 unchanged from last update. Share price fell 2.5% to €19.30 over the past week. Reported Earnings • Nov 01
Third quarter 2024 earnings released: €0.39 loss per share (vs €0.60 loss in 3Q 2023) Third quarter 2024 results: €0.39 loss per share (improved from €0.60 loss in 3Q 2023). Revenue: €215.5m (up 3.0% from 3Q 2023). Net loss: €6.04m (loss narrowed 35% from 3Q 2023). Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 01
Second quarter 2024 earnings released: EPS: €0.45 (vs €0.49 loss in 2Q 2023) Second quarter 2024 results: EPS: €0.45 (up from €0.49 loss in 2Q 2023). Revenue: €226.2m (up 1.1% from 2Q 2023). Net income: €6.93m (up €14.6m from 2Q 2023). Profit margin: 3.1% (up from net loss in 2Q 2023). Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Consumer Durables industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance. Reported Earnings • May 01
First quarter 2024 earnings released: EPS: €0.45 (vs €0.23 in 1Q 2023) First quarter 2024 results: EPS: €0.45 (up from €0.23 in 1Q 2023). Revenue: €222.8m (up 8.0% from 1Q 2023). Net income: €6.90m (up 90% from 1Q 2023). Profit margin: 3.1% (up from 1.8% in 1Q 2023). Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance. Reported Earnings • Oct 28
Third quarter 2023 earnings released: €0.60 loss per share (vs €0.32 profit in 3Q 2022) Third quarter 2023 results: €0.60 loss per share (down from €0.32 profit in 3Q 2022). Revenue: €209.2m (up 17% from 3Q 2022). Net loss: €9.26m (down 287% from profit in 3Q 2022). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Price Target Changed • Oct 22
Price target decreased by 12% to €26.75 Down from €30.25, the current price target is an average from 2 analysts. New target price is 69% above last closing price of €15.80. Stock is down 24% over the past year. The company is forecast to post earnings per share of €0.70 for next year compared to €1.63 last year. Annonce • Oct 17
Surteco Group SE Revises Earnings Guidance for the Year 2023 Surteco Group SE revised earnings guidance for the year 2023. For the year 2023, the company expected EBIT is now in the range of EUR 5 million to EUR 15 million. The increase in revenue is solely a result of the additional business from the acquired Omnova divisions starting from March 1, 2023. However, due to the ongoing weak demand, the overall group revenue for the fiscal year 2023 is expected to be significantly below the original forecast of €920 million to €950 million. Price Target Changed • Aug 02
Price target decreased by 9.9% to €28.25 Down from €31.35, the current price target is an average from 2 analysts. New target price is 58% above last closing price of €17.90. Stock is down 31% over the past year. The company is forecast to post earnings per share of €0.77 for next year compared to €1.63 last year. Reported Earnings • Jul 31
Second quarter 2023 earnings released: EPS: €0 (vs €0.57 in 2Q 2022) Second quarter 2023 results: EPS: €0 (down from €0.57 in 2Q 2022). Revenue: €223.8m (up 10.0% from 2Q 2022). Net loss: €7.65m (down 186% from profit in 2Q 2022). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has fallen by 5% per year and the company’s share price has also fallen by 5% per year. Upcoming Dividend • Jun 01
Upcoming dividend of €0.70 per share at 3.5% yield Eligible shareholders must have bought the stock before 08 June 2023. Payment date: 12 June 2023. Payout ratio is a comfortable 71% but the company is paying out more than the cash it is generating. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.9%). Major Estimate Revision • May 07
Consensus revenue estimates increase by 33% The consensus outlook for revenues in fiscal year 2023 has improved. 2023 revenue forecast increased from €704.5m to €939.0m. EPS estimate increased from €1.68 to €1.98 per share. Net income forecast to grow 119% next year vs 52% growth forecast for Consumer Durables industry in Germany. Consensus price target broadly unchanged at €33.20. Share price was steady at €19.90 over the past week. Reported Earnings • Apr 20
Full year 2022 earnings: EPS misses analyst expectations Full year 2022 results: EPS: €1.63 (down from €3.08 in FY 2021). Revenue: €752.3m (down 1.1% from FY 2021). Net income: €25.2m (down 47% from FY 2021). Profit margin: 3.4% (down from 6.3% in FY 2021). The decrease in margin was primarily driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.8%. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Price Target Changed • Nov 16
Price target decreased to €30.00 Down from €39.25, the current price target is provided by 1 analyst. New target price is 49% above last closing price of €20.20. Stock is down 49% over the past year. The company is forecast to post earnings per share of €1.77 for next year compared to €3.08 last year. Major Estimate Revision • Nov 02
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate fell from €2.35 to €1.77 per share. Revenue forecast steady at €749.1m. Net income forecast to shrink 37% next year vs 1.9% decline forecast for Consumer Durables industry in Germany. Consensus price target down from €39.25 to €35.75. Share price fell 2.5% to €19.60 over the past week. Price Target Changed • Oct 28
Price target decreased to €35.75 Down from €40.75, the current price target is an average from 2 analysts. New target price is 78% above last closing price of €20.10. Stock is down 45% over the past year. The company is forecast to post earnings per share of €2.35 for next year compared to €3.08 last year. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: €0.32 (vs €0.89 in 3Q 2021) Third quarter 2022 results: EPS: €0.32 (down from €0.89 in 3Q 2021). Revenue: €179.1m (down 5.3% from 3Q 2021). Net income: €4.95m (down 64% from 3Q 2021). Profit margin: 2.8% (down from 7.3% in 3Q 2021). Revenue is forecast to stay flat during the next 3 years compared to a 4.3% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment improved over the past week After last week's 15% share price gain to €22.00, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 7x in the Consumer Durables industry in Germany. Total returns to shareholders of 18% over the past three years. Valuation Update With 7 Day Price Move • Sep 29
Investor sentiment deteriorated over the past week After last week's 19% share price decline to €18.90, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 7x in the Consumer Durables industry in Germany. Total loss to shareholders of 1.9% over the past three years. Reported Earnings • Jul 30
Second quarter 2022 earnings released: EPS: €0.57 (vs €0.74 in 2Q 2021) Second quarter 2022 results: EPS: €0.57 (down from €0.74 in 2Q 2021). Revenue: €203.5m (up 6.9% from 2Q 2021). Net income: €8.89m (down 22% from 2Q 2021). Profit margin: 4.4% (down from 6.0% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is expected to shrink by 6.1% compared to a 3.5% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Annonce • Jul 29
Surteco Group SE Provides Earnings Guidance for the Full Year 2022 Surteco Group SE provided earnings guidance for the full year 2022. The forecast for the year as a whole in 2022 (sales between €730 million and €750 million and EBIT between €55 million and €65 million) is therefore expected to be achieved only at the lower end of the range, at least as far as earnings are concerned. This forecast is also based on the assumption that all the requirements of industry in Europe for gas are met in full. Annonce • Jun 16
Surteco Group SE, Annual General Meeting, Jul 07, 2023 Surteco Group SE, Annual General Meeting, Jul 07, 2023. Annonce • Jun 08
Surteco Group SE Approves Dividend Surteco Group SE announced that supervisory board and management board proposed increasing the dividend by 25% to EUR 1.00 per share, which was approved by the annual general meeting with a large majority. In addition, the remuneration report and an adjustment to the remuneration system for the members of the management board were approved. Upcoming Dividend • Jun 01
Upcoming dividend of €1.00 per share Eligible shareholders must have bought the stock before 08 June 2022. Payment date: 10 June 2022. Payout ratio is a comfortable 33% and the cash payout ratio is 81%. Trailing yield: 3.6%. Lower than top quartile of German dividend payers (4.2%). Higher than average of industry peers (3.0%). Reported Earnings • May 01
First quarter 2022 earnings: EPS and revenues exceed analyst expectations First quarter 2022 results: EPS: €0.88 (down from €0.92 in 1Q 2021). Revenue: €214.2m (up 13% from 1Q 2021). Net income: €13.6m (down 4.8% from 1Q 2021). Profit margin: 6.3% (down from 7.5% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) also surpassed analyst estimates by 5.4%. Over the next year, revenue is expected to shrink by 4.8% compared to a 8.1% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Price Target Changed • Apr 27
Price target decreased to €40.75 Down from €44.25, the current price target is an average from 2 analysts. New target price is 34% above last closing price of €30.40. Stock is up 16% over the past year. The company is forecast to post earnings per share of €2.63 for next year compared to €3.08 last year. Major Estimate Revision • Apr 21
Consensus EPS estimates fall by 11% The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from €758.7m to €746.5m. EPS estimate also fell from €2.95 per share to €2.63 per share. Net income forecast to shrink 16% next year vs 16% growth forecast for Consumer Durables industry in Germany . Consensus price target down from €44.25 to €40.75. Share price rose 5.4% to €31.40 over the past week. Reported Earnings • Apr 15
Full year 2021 earnings: EPS and revenues exceed analyst expectations Full year 2021 results: EPS: €3.08 (up from €2.17 in FY 2020). Revenue: €760.8m (up 21% from FY 2020). Net income: €47.8m (up 42% from FY 2020). Profit margin: 6.3% (up from 5.3% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) also surpassed analyst estimates by 5.4%. Over the next year, revenue is forecast to stay flat compared to a 10% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Annonce • Apr 03
Surteco Group SE Appoints Andreas P-Tz as Chief Financial Officer Surteco Group SE has strengthened its Management Board. With effect from 1 April 2022, Mr. Andreas P-tz will be a member of the Management Board of SURTECO GROUP SE as Chief Financial Officer (CFO). Mr. P-tz has over 25 years of experience in the financial sector and has been Managing Director of the subsidiary SURTECO GmbH since December 2017 and CFO of the Group and SURTECO GROUP SE since July 2020. Annonce • Apr 01
Surteco Group SE Appoints Andreas P-Tz as Member of the Management Board Surteco Group SE has strengthened its Management Board. With effect from 1 April 2022, Mr. Andreas P-tz will be a member of the Management Board of SURTECO GROUP SE as Chief Financial Officer (CFO). Mr. P-tz has over 25 years of experience in the financial sector and has been Managing Director of the subsidiary SURTECO GmbH since December 2017 and CFO of the Group and SURTECO GROUP SE since July 2020. Annonce • Jan 31
Surteco Group SE Provides Earnings Guidance for the Year 2021 SURTECO GROUP SE anticipated earnings before financial result and income tax (EBIT) to be above EUR 70 million for 2021. EBIT is thus above the upper end of the company's previous forecast of EUR 63 million to EUR 68 million and above the highest analyst estimate of EUR 69 million. Revenues are expected to be around EUR 756 million, slightly above the upper end of the company's previous forecast of EUR 725 million to EUR 750 million. Valuation Update With 7 Day Price Move • Jan 24
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €30.40, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 13x in the Consumer Durables industry in Germany. Total returns to shareholders of 25% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €59.00 per share. Valuation Update With 7 Day Price Move • Nov 26
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €33.60, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 14x in the Consumer Durables industry in Germany. Total returns to shareholders of 58% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €56.75 per share. Reported Earnings • Oct 30
Third quarter 2021 earnings released: EPS €0.89 (vs €0.58 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €189.2m (up 16% from 3Q 2020). Net income: €13.7m (up 54% from 3Q 2020). Profit margin: 7.3% (up from 5.5% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Price Target Changed • Oct 29
Price target increased to €41.30 Up from €36.80, the current price target is an average from 2 analysts. New target price is 12% above last closing price of €36.80. The company is forecast to post earnings per share of €2.57 for next year compared to €2.17 last year. Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment improved over the past week After last week's 16% share price gain to €36.90, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 13x in the Consumer Durables industry in Germany. Total returns to shareholders of 81% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €42.77 per share. Valuation Update With 7 Day Price Move • Oct 04
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €30.80, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 13x in the Consumer Durables industry in Germany. Total returns to shareholders of 48% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €42.30 per share. Valuation Update With 7 Day Price Move • Sep 02
Investor sentiment improved over the past week After last week's 16% share price gain to €37.20, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Consumer Durables industry in Germany. Total returns to shareholders of 81% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €39.73 per share. Price Target Changed • Aug 03
Price target increased to €38.30 Up from €34.70, the current price target is an average from 2 analysts. New target price is 26% above last closing price of €30.50. Reported Earnings • Aug 01
Second quarter 2021 earnings released: EPS €0.74 (vs €0.052 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €190.3m (up 50% from 2Q 2020). Net income: €11.4m (up €10.6m from 2Q 2020). Profit margin: 6.0% (up from 0.6% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Annonce • Jul 15
Surteco Group SE Raises Earnings Guidance for the Year 2021 Surteco Group SE raised earnings guidance for the year 2021. The group sales should clearly exceed the original target of €650 million to €675 million and is likely to be above €700 million. Group EBIT is also expected to be above €52 million - the upper end of the original range of €47 million to €52 million. Annonce • Jun 24
Surteco Group Provides Sales Guidance for the Year 2021 Surteco Group SE provided sales guidance for the year 2021. Consequently, sales for the business year 2021 are expected to be at the upper end of the forecast of EUR 650 million to EUR 675 million. Upcoming Dividend • Jun 17
Upcoming dividend of €0.80 per share Eligible shareholders must have bought the stock before 24 June 2021. Payment date: 28 June 2021. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (2.2%). Major Estimate Revision • May 21
Consensus forecasts updated The consensus outlook for 2021 has been updated. 2021 EPS estimate increased from €1.99 to €2.23. Revenue forecast steady at €672.3m. Net income forecast to shrink 4.8% next year vs 6.1% growth forecast for Consumer Durables industry in Germany . Consensus price target of €32.13 unchanged from last update. Share price was steady at €26.90 over the past week. Major Estimate Revision • May 07
Consensus EPS estimates increase to €2.23 The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from €660.2m to €672.3m. EPS estimate increased from €1.76 to €2.23 per share. Net income forecast to shrink 5.4% next year vs 15% growth forecast for Consumer Durables industry in Germany . Consensus price target up from €28.57 to €32.13. Share price was steady at €27.60 over the past week. Price Target Changed • May 06
Price target increased to €32.13 Up from €28.57, the current price target is an average from 3 analysts. New target price is 16% above last closing price of €27.70. Reported Earnings • May 04
First quarter 2021 earnings released: EPS €0.92 (vs €0.57 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €189.4m (up 9.6% from 1Q 2020). Net income: €14.3m (up 60% from 1Q 2020). Profit margin: 7.5% (up from 5.1% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Feb 10
New 90-day high: €25.10 The company is up 13% from its price of €22.20 on 11 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Consumer Durables industry, which is up 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €29.44 per share. Annonce • Jan 31
Surteco Group SE Provides Sales Guidance for the Full Year of 2020 Surteco Group SE provided sales guidance for the full year of 2020. For the period, Group sales are expected to be considerably below the original targets of EUR 675 million to EUR 700 million at around EUR 627 million as forecast by SURTECO, due to the effects of the COVID-19 pandemic. Is New 90 Day High Low • Dec 28
New 90-day high: €24.20 The company is up 14% from its price of €21.20 on 29 September 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Consumer Durables industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €27.02 per share. Annonce • Dec 02
Surteco Group SE to Report Q1, 2021 Results on Apr 30, 2021 Surteco Group SE announced that they will report Q1, 2021 results on Apr 30, 2021 Is New 90 Day High Low • Nov 26
New 90-day high: €22.80 The company is up 5.0% from its price of €21.70 on 27 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Consumer Durables industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €22.35 per share. Major Estimate Revision • Nov 20
Analysts increase EPS estimates to €1.34 The 2020 consensus revenue estimate increased from €580.9m to €602.4m. The earnings per share estimate also received an upgrade from €1.01 to €1.34 for the same period. Net income is expected to grow by 179% next year compared to 5.4% growth forecast for the Consumer Durables industry in Germany. The consensus price target increased from €25.83 to €28.30. Share price is up 4.1% to €22.70 over the past week. Price Target Changed • Nov 20
Price target raised to €28.30 Up from €25.83, the current price target is an average from 3 analysts. The new target price is 25% above the current share price of €22.70. As of last close, the stock is up 12% over the past year. Reported Earnings • Nov 14
Third quarter 2020 earnings released: EPS €0.58 The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: €163.2m (down 2.8% from 3Q 2019). Net income: €8.93m (up 31% from 3Q 2019). Profit margin: 5.5% (up from 4.1% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Annonce • Oct 03
Surteco Group SE Revises Earnings Guidance for the Full Year 2020 Surteco Group SE revised earnings guidance for the full year 2020. For the full year 2020, the Management Board expects that sales and earnings will be significantly below the original targets of EUR 675 to 700 million sales and EUR 40 to 45 million EBIT.