Upcoming Dividend • May 20
Upcoming dividend of S$0.04 per share Eligible shareholders must have bought the stock before 26 May 2026. Payment date: 11 June 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (4.5%). Higher than average of industry peers (0.9%). Announcement • Feb 27
Singapore Technologies Engineering Ltd, Annual General Meeting, Apr 23, 2026 Singapore Technologies Engineering Ltd, Annual General Meeting, Apr 23, 2026. Announcement • Jan 27
Singapore Technologies Engineering Ltd to Report Fiscal Year 2025 Results on Feb 27, 2026 Singapore Technologies Engineering Ltd announced that they will report fiscal year 2025 results Pre-Market on Feb 27, 2026 Announcement • Jan 01
Singapore Technologies Engineering Ltd Provides Earnings Guidance for the Second Half 2025 Singapore Technologies Engineering Ltd. provided earnings guidance for the second half 2025. The company announced that it now expects to report a positive second half 2025 net profit after taking in all the one-off effects in second half 2025. Announcement • Nov 12
Singapore Technologies Engineering Ltd Proposes Interim One-Tier Tax Exempt Dividend for the Third Quarter Ended 30 September 2025, Payable on December 5, 2025 Singapore Technologies Engineering Ltd. proposed interim one-tier tax exempt dividend for the third quarter ended 30 September 2025 ("3Q2025 Interim Dividend") of 4 cents for every ordinary share held. Record Date 24 November 2025 and payable on 5 December 2025. Announcement • Jul 15
Singapore Technologies Engineering Ltd to Report First Half, 2025 Results on Aug 14, 2025 Singapore Technologies Engineering Ltd announced that they will report first half, 2025 results on Aug 14, 2025 Announcement • Apr 17
ST Engineering Announces Executive Changes ST Engineering announced an upcoming leadership transition as Ravinder Singh, Group Chief Operating Officer (Technology & Innovation) and President Defence & Public Security (DPS), retires on 31 May 2025 after 11 years of service. Ravinder, a member of the Group Executive Committee, has held various leadership roles within the Group before his current role. From 1 June 2025, he will assume an advisory role in the Group. As Group Chief Operating Officer (Technology & Innovation), Ravinder champions innovation initiatives and drives the application of technology and innovation across the Group. His leadership has been instrumental in shaping the DPS segment since its formation during the Group's reorganisation in 2021. Both the DPS segment and the Group's defence business grew more than 20% in revenue from 2021 to 2024. The Group reinforced its position as a strategic partner to the Singapore's Ministry of Defence and the Ministry of Home Affairs Team. The DPS segment expanded its digital business which achieved its 2026 revenue target two years ahead of time. The Group also made significant inroads in the international defence market, securing over $2.2b worth of new orders since 2021 and expanded into new markets particularly in Europe and the Middle East. Effective 1 June 2025, Tan Wei Ming Mervyn will join the Group and assume the positions of Group Chief Operating Officer (Technology & Innovation) and President, Defence & Public Security, replacing Ravinder Singh. He will also be appointed as a member of the Group Executive Committee. Mervyn joins the Group from Vertex Holdings, a venture capital firm, where he was Managing Director Investment responsible for the investment in startups with innovative technologies in deep-tech domains, like AI, quantum technology and new materials. He was particularly focussed on cutting edge and breakthrough technologies across various geographies and helped to nurture and grow the startups invested. Prior to that, Mervyn spent more than three decades at the Ministry of Defence and Singapore Armed Forces, holding various senior appointments including Chief Executive of Singapore's Defence Science and Technology Agency (DSTA), Deputy Secretary (Technology) and Future Systems & Tech Architect, Chief of Air Force, as well as the Director of Military Intelligence/Chief of Command, Control, Communications, Computers and Intelligence. Announcement • Feb 27
Singapore Technologies Engineering Ltd, Annual General Meeting, Apr 24, 2025 Singapore Technologies Engineering Ltd, Annual General Meeting, Apr 24, 2025. Announcement • Jan 27
Singapore Technologies Engineering Ltd to Report Fiscal Year 2024 Results on Feb 27, 2025 Singapore Technologies Engineering Ltd announced that they will report fiscal year 2024 results Pre-Market on Feb 27, 2025 Announcement • Nov 01
Singapore Technologies Engineering Ltd Announces Board and Board Committee Changes Singapore Technologies Engineering Ltd. announced the resignation of Mr. Lim Ah Doo as Director, effective 10 November 2024, after completing his ninth year on the Board. He will also step down as a member of the Audit Committee (AC) and Strategy and Finance Committee (SFC). Effective 1 November 2024, Ms. Lien Siaou-Sze will join the AC. The Board considers Ms. Lien to be independent under Rule 704(8) of the Listing Manual of the Singapore Exchange Securities Trading Limited. All members of the AC are Non-Executive Directors. Additionally, Ms. Song Su-Min will assume the role of Chairman of the Risk and Sustainability Committee (RSC), replacing Mr. Kevin Kwok Khien, effective 1 January 2025. Mr. Kwok will remain a member of the RSC. Following from the above, the composition of the AC, SFC and RSC are as set out below:- Audit Committee (effective 1 November 2024): Mr. Kevin Kwok Khien (Chairman), Ms. Lien Siaou-Sze, Mr. Lim Ah Doo, Ms. Song Su-Min. Audit Committee (effective 10 November 2024): Mr. Kevin Kwok Khien (Chairman), Ms. Lien Siaou-Sze, Ms. Song Su-Min. Strategy and Finance Committee (effective 10 November 2024): Mr. Teo Ming Kian (Chairman), Mr. Vincent Chong Sy Feng, Mr. Philip Lee Sooi Chuen and Mr. Lim Chin Hu. Risk and Sustainability Committee (effective 1 January 2025): Ms. Song Su-Min (Chairman), VADM Aaron Beng Yao Cheng, Mr. Vincent Chong Sy Feng, Mr. Kevin Kwok Khien, Ms. Neo Gim Huay. Announcement • Aug 16
Singapore Technologies Engineering Ltd Announces Appointment of Lien Siaou-Sze as Independent Non-Executive Director, Effective from August 26, 2024 Singapore Technologies Engineering Ltd. announced the appointment of Lien Siaou-Sze as Independent non-executive Director, effective from August 26, 2024. Working Experience: 2023 - Present, Partner of Management Alignment Partners GmbH 2020 - 2023, Vice President (University Advancement) at Nanyang University 2006 - 2019, NTU Board of Trustees and Executive Coach at Mobley Group Pacific. Other DirectorShips Past: Director, Japfa Ltd. Chairman and Director, Confucius Institute, Nanyang Technological University Pte. Ltd. Member of the Board of Trustee, Nanyang Technological University. Director Experience Details: Director of Japfa Ltd, listed on SGX-ST. Professional Qualifications: Bachelor of Science in Physics from Nanyang University - Master in Computer Science from Imperial College London. Declared Dividend • Aug 16
Dividend of S$0.04 announced Shareholders will receive a dividend of S$0.04. Ex-date: 22nd August 2024 Payment date: 5th September 2024 Dividend yield will be 3.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (78% earnings payout ratio) and cash flows (73% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 38% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 16
First half 2024 earnings released: EPS: S$0.11 (vs S$0.09 in 1H 2023) First half 2024 results: EPS: S$0.11 (up from S$0.09 in 1H 2023). Revenue: S$5.52b (up 14% from 1H 2023). Net income: S$336.5m (up 20% from 1H 2023). Profit margin: 6.1% (up from 5.8% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 16
Singapore Technologies Engineering Ltd to Report First Half, 2024 Results on Aug 14, 2024 Singapore Technologies Engineering Ltd announced that they will report first half, 2024 results on Aug 14, 2024 Declared Dividend • May 15
Dividend of S$0.04 announced Shareholders will receive a dividend of S$0.04. Ex-date: 21st May 2024 Payment date: 5th June 2024 Dividend yield will be 4.3%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (85% earnings payout ratio) and cash flows (73% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 39% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • May 10
Singapore Technologies Engineering Ltd Announces Board and Committee Changes Singapore Technologies Engineering Ltd. (ST Engineering) announced the following board changes: Appointment of Mr. Philip Lee Sooi Chuen as independent non-executive Director and a member of the Executive Resource and Compensation Committee, Nominating Committee and Strategy and Finance Committee with effect from 1 June 2024. Resignation of Mr. Lim Sim Seng as independent non-executive Director and a member of the Executive Resource and Compensation Committee, Nominating Committee and Strategy and Finance Committee with effect from 15 May 2024. Mr. Philip Lee Sooi Chuen, 62, is a Vice Chairman of Global Banking of HSBC Bank. He is concurrently the Board Director of SPH Media Holdings Pte. Ltd., Heliconia Capital Management Pte. Ltd., and Savills plc, a British real estate services company listed on the London Stock Exchange. Mr. Lee has also previously been the Chairman of Singapore Health Promotion Board, a Board Director of Singapore Land Transport Authority and was a representative on the Asia Pacific Economic Cooperation Business Advisory Council for Singapore. He has over 35 years of banking experience, having been the Senior Country Officer and CEO of South-East Asia Investment Banking of JP Morgan, Singapore; and the Chief Country Officer and Vice-Chairman of South-East Asia of Deutsche Bank, Singapore. Mr. Lee also represented both JP Morgan and Deutsche Bank on The Association of Bank in Singapore. He was awarded The Public Service Medal for his role as a board director for the Land Transport Authority by the Singapore Government in 2012. Mr. Lee holds a Bachelor Degree in Industrial and Systems Engineering from University of Southern California, Los Angeles and Master in Business and International Finance from New York University, Stern School. Mr. Lim Sim Seng joined the Board in May 2015 and also served as a Member of the Executive Resource and Compensation Committee, Nominating Committee and Strategy and Finance Committee. He will complete nine full years as an independent non-executive Director on 15 May 2024 and will step down as part of ST Engineering's board rejuvenation and good corporate governance practice. Other DirectorShips Past for Lim Sim Seng: Non-executive Director, Nikko Asset Management Co. Ltd. Chairman, Singapore Land Authority. Other DirectorShips Present for Lim Sim Seng: Chairman, Building and Construction Authority Director, DBS Securities (Japan) Company Limited Chairman, DBS Vickers Securities Holdings Pte Ltd. High Commissioner, Federal Republic of Nigeria Independent non-executive Director, IOI Properties Group Berhad Independent non-executive Director, Raffles Medical Group Ltd. Announcement • Apr 30
ST Engineering Appoints Jeffrey Lam as Group Chief Operating Officer, Effective 1 May 2024 ST Engineering announced the appointment of Jeffrey Lam as Group Chief Operating Officer (Operations Excellence), effective 1 May 2024. This appointment is concurrent with Jeffrey's role as President of the Group's Commercial Aerospace business area. In his new capacity as Group Chief Operating Officer (Operations Excellence), Jeffrey will advance the Group's continuous improvement efforts, a domain he has long championed. Hisresponsibilities include enhancing operational and cost efficiencies, ensuring workplace safety and promoting synergistic collaboration across the Group in these areas. Jeffrey will continue his leadership as President Commercial Aerospace, steering the business growth in original equipment manufacturing, MRO and aviation asset management. He remains a member of the Group Executive Committee, reporting to Group President & CEO, Vincent Chong. Announcement • Apr 27
Singapore Technologies Engineering Ltd. Approves a Final Ordinary Tax Exempt (One-Tier) Dividend for the Financial Year Ended 31 December 2023 Singapore Technologies Engineering Ltd. at its AGM held on 26 April 2024, approved a final ordinary tax exempt (one-tier) dividend of 4.0 cents per share for the financial year ended 31 December 2023. Upcoming Dividend • Apr 23
Upcoming dividend of S$0.04 per share Eligible shareholders must have bought the stock before 30 April 2024. Payment date: 14 May 2024. Payout ratio is on the higher end at 85%, however this is supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.1%). Announcement • Apr 02
Singapore Technologies Engineering Ltd Announces Quek See Tiat Not to Seek Re-Election as Non-Independent Non-Executive Director Singapore Technologies Engineering Ltd. (ST Engineering) announced that Mr. Quek See Tiat, who will be retiring as non-independent non-executive Director of the Company at the 27th Annual General Meeting of the Company to be held on 26 April 2024, will not be seeking re-election. Mr. Quek joined the Board in July 2013 and also served as Chairman of the Audit Committee for a period of five years since 2017 and Chairman of the Risk and Sustainability Committee since 2019. His decision not to seek re-election is to support ST Engineering's board renewal and rejuvenation plan. Reported Earnings • Mar 29
Full year 2023 earnings released: EPS: S$0.19 (vs S$0.17 in FY 2022) Full year 2023 results: EPS: S$0.19 (up from S$0.17 in FY 2022). Revenue: S$10.1b (up 12% from FY 2022). Net income: S$586.5m (up 9.6% from FY 2022). Profit margin: 5.8% (in line with FY 2022). Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 4% per year. Announcement • Mar 28
Singapore Technologies Engineering Ltd Proposes Final Ordinary Tax Exempt (One-Tier) Dividend for the Financial Year Ended 31 December 2023 Singapore Technologies Engineering Ltd. at its AGM to be held on 26 April 2024, to declare a final ordinary tax exempt (one-tier) dividend of 4.0 cents per share for the financial year ended 31 December 2023. Announcement • Feb 29
Singapore Technologies Engineering Ltd, Annual General Meeting, Apr 26, 2024 Singapore Technologies Engineering Ltd, Annual General Meeting, Apr 26, 2024. Reported Earnings • Feb 29
Full year 2023 earnings released Full year 2023 results: Revenue: S$10.1b (up 12% from FY 2022). Net income: S$586.5m (up 9.6% from FY 2022). Profit margin: 5.8% (in line with FY 2022). Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Aerospace & Defense industry in Germany. Announcement • Jan 26
Singapore Technologies Engineering Ltd to Report Fiscal Year 2023 Results on Feb 29, 2024 Singapore Technologies Engineering Ltd announced that they will report fiscal year 2023 results Pre-Market on Feb 29, 2024 Announcement • Nov 10
Singapore Technologies Engineering Ltd Proposes Interim One-Tier Tax Exempt Dividend for the Third Quarter Ended 30 September 2023, Payable on 1 December 2023 Singapore Technologies Engineering Ltd. proposed interim one-tier tax exempt dividend for the third quarter ended 30 September 2023 of 4 cents for every ordinary share held. The proposed Interim Dividend will be paid on 1 December 2023. The Transfer Books and Register of Members of the company will be closed from 5.00 p.m. on 21 November 2023 up to (and including) 22 November 2023 for the purpose of determining members' entitlements to the proposed interim one-tier tax exempt dividend. Reported Earnings • Aug 13
First half 2023 earnings released: EPS: S$0.09 (vs S$0.09 in 1H 2022) First half 2023 results: EPS: S$0.09 (in line with 1H 2022). Revenue: S$4.86b (up 14% from 1H 2022). Net income: S$280.6m (flat on 1H 2022). Profit margin: 5.8% (down from 6.6% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Announcement • Aug 12
Singapore Technologies Engineering Ltd Proposes Interim One-Tier Tax Exempt Dividend for the Second Quarter Ended 30 June 2023, Payable on 1 September 2023 Members of Singapore Technologies Engineering Ltd. proposed interim one-tier tax exempt dividend for the second quarter ended 30 June 2023 of 4 cents for every ordinary share, will be paid on 1 September 2023. Announcement • Jul 13
Singapore Technologies Engineering Ltd to Report First Half, 2023 Results on Aug 11, 2023 Singapore Technologies Engineering Ltd announced that they will report first half, 2023 results on Aug 11, 2023 Announcement • Jul 06
ST Engineering Appoints Tan Lee Chew as Group Chief Commercial Officer (Market Development) and President of Smart City Digital Solutions ST Engineering has revamped its Group Executive Committee (EXCO), introducing a strategic role dedicated to driving the group's growth in the smart city and digital businesses, and appointing a new EXCO member. Tan Lee Chew, current EXCO member and president commercial, will take on newly created positions as Group chief commercial officer (Market Development) and president of Smart City Digital Solutions. Announcement • Jun 10
Singapore Technologies Engineering Ltd Announces Director Changes, Effective 12 June 2023 Singapore Technologies Engineering Ltd. announced the board changes effective 12 June 2023. Appointment of RADM Aaron Beng Yao Cheng as non-independent non-executive Director. Appointment of COL Chong Shi Hao as Alternate Director to RADM Aaron Beng Yao Cheng. Cessation of COL Cai Dexian as Alternate Director to LG Ong Su Kiat Melvyn. RADM Aaron Beng Yao Cheng, 42, is currently the Chief of Defence Force. He joined the Singapore Armed Forces (SAF) in 2000 and has held several key appointments, including Chief of Navy, Fleet Commander and Director of the Defence Policy Office. RADM Beng holds a Bachelor of Science from Yale University, USA. COL Chong Shi Hao, 37, joined the SAF in 2005 and was awarded the SAF OverseasScholarship in 2005. COL Chong holds a Master of Arts (with Distinction) in Near and Middle Eastern Studies from School of Oriental and African Studies, United Kingdom and a Bachelor of Science in Geography (with First Class Honours) from University College London, United Kingdom. Board Change • May 18
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Kevin Kwok was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Apr 18
Upcoming dividend of S$0.04 per share at 4.4% yield Eligible shareholders must have bought the stock before 25 April 2023. Payment date: 09 May 2023. Payout ratio is on the higher end at 93% but the company is not cash flow positive. Trailing yield: 4.4%. Lower than top quartile of German dividend payers (4.6%). Higher than average of industry peers (1.4%). Reported Earnings • Feb 24
Full year 2022 earnings released Full year 2022 results: Revenue: S$9.04b (up 17% from FY 2021). Net income: S$535.0m (down 6.2% from FY 2021). Profit margin: 5.9% (down from 7.4% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Aerospace & Defense industry in Germany. Announcement • Jan 21
Singapore Technologies Engineering Ltd to Report Fiscal Year 2022 Results on Feb 24, 2023 Singapore Technologies Engineering Ltd announced that they will report fiscal year 2022 results at 9:00 AM, Singapore Standard Time on Feb 24, 2023 Announcement • Nov 28
Singapore Technologies Engineering Ltd Declares an Interim One-Tier Tax Exempt Dividend for the Third Quarter Ended 30 September 2022, Payable on 20 December 2022 The Board of Singapore Technologies Engineering Ltd. has declared an interim one-tier tax exempt dividend for the third quarter ended 30 September 2022 of 4 cents for every ordinary share held. The notice is hereby given that the transfer books and register of members of the company will be closed from 5.00 p.m. on 7 December 2022 up to (and including) 8 December 2022 for the purpose of determining shareholders' entitlements to the Interim Dividend of 4 cents for every ordinary share held. Members whose securities accounts with The Central Depository (Pte) Limited are credited with ordinary shares of the Company as at 5.00 p.m. on 7 December 2022 will be entitled to the third quarter interim dividend. The proposed interim dividend will be paid on 20 December 2022. Upcoming Dividend • Aug 15
Upcoming dividend of S$0.04 per share Eligible shareholders must have bought the stock before 22 August 2022. Payment date: 02 September 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 4.0%. Lower than top quartile of German dividend payers (4.5%). Higher than average of industry peers (1.4%). Reported Earnings • Aug 13
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down S$296.1m from profit in 1H 2021). Profit margin: (down from 8.1% in 1H 2021). The decrease in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 13%, compared to a 26% growth forecast for the industry in Germany. Announcement • Aug 12
Singapore Technologies Engineering Ltd Proposes Second Quarter Dividend for the Year 2022, Payable on September 2, 2022 Singapore Technologies Engineering Ltd. announced a dividend policy to declare dividends every quarter instead of twice a year previously. The Board has declared an interim one-tier tax exempt dividend for the second quarter ended 30 June 2022 of 4 cents for every ordinary share held. The Transfer Books and Register of Members of the company will be closed from 5.00 p.m. on 23 August 2022 up to (and including) 24 August 2022 for the purpose of determining shareholders' entitlements to the second quarter of 2022 Interim Dividend of 4 cents for every ordinary share held. The proposed second quarter 2022 Interim Dividend will be paid on 2 September 2022. Announcement • Jul 09
Singapore Technologies Engineering Ltd to Report First Half, 2022 Results on Aug 12, 2022 Singapore Technologies Engineering Ltd announced that they will report first half, 2022 results on Aug 12, 2022 Announcement • May 19
Singapore Technologies Engineering Ltd Approves the Proposal to Declare Final Tax Exempt (One-Tier) Dividend for the Year Ended December 31, 2021 Payable on May 10, 2022 Singapore Technologies Engineering Ltd. approved the proposal to declare final tax exempt (one-tier) dividend of 10.0 cents per share for the year ended December 31, 2021 payable on May 10, 2022. The dividend was approved at the Annual General Meeting held on April 21, 2022. Announcement • Apr 21
Singapore Technologies Engineering Ltd Proposes Final Ordinary Tax Exempt (One-Tier) Dividend for the Year Ended 31 December 2021, Payable on 10 May 2022 Singapore Technologies Engineering Ltd. at its Annual General Meeting to be held on 21 April 2022, to declare a final ordinary tax exempt (one-tier) dividend of 10.0 cents per share for the year ended 31 December 2021. The Register of Members and Share Transfer Books will be closed on 28 April 2022 for the preparation of dividend warrants. Duly completed transfers in respect of ordinary shares of the Company together with all relevant documents of title received by the Company's Share Registrar, M & C Services Private Limited up to April 2022 will be registered to determine members' entitlements to the proposed dividend, subject to approval of members to the proposed dividend at the Annual General Meeting to be convened and held on 21 April 2022. Members whose securities accounts with The Central Depository (Pte) Limited are credited with ordinary shares of the Company as on 27 April 2022 will be entitled to the proposed dividend. The proposed dividend, if so approved by members, will be paid on 10 May 2022. Upcoming Dividend • Apr 19
Upcoming dividend of S$0.10 per share Eligible shareholders must have bought the stock before 26 April 2022. Payment date: 10 May 2022. Payout ratio is on the higher end at 82%, however this is supported by cash flows. Trailing yield: 3.7%. Lower than top quartile of German dividend payers (3.9%). Higher than average of industry peers (1.3%). Reported Earnings • Feb 25
Full year 2021 earnings: Revenues exceed analyst expectations Full year 2021 results: Revenue: S$7.69b (up 7.5% from FY 2020). Net income: S$570.5m (up 9.3% from FY 2020). Profit margin: 7.4% (up from 7.3% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.1%. Over the next year, revenue is forecast to grow 6.9%, compared to a 19% growth forecast for the industry in Germany. Reported Earnings • Aug 14
First half 2021 earnings released: EPS S$9.50 (vs S$0.083 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: S$3.65b (up 2.2% from 1H 2020). Net income: S$296.1m (up 15% from 1H 2020). Profit margin: 8.1% (up from 7.2% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 7% per year. Executive Departure • Aug 05
Non-Independent Non-Executive Director Gim Pew Quek has left the company On the 1st of August, Gim Pew Quek's tenure as Non-Independent Non-Executive Director ended after 5.0 years in the role. We don't have any record of a personal shareholding under Gim Pew's name. Gim Pew is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 4.08 years. Board Change • Jul 31
High number of new directors Independent Non-Executive Director May Ng was the last director to join the board, commencing their role in 2020. Announcement • May 12
Singapore Technologies Engineering Ltd Approves Final Ordinary Exempt (One-Tier) Dividend for the Year Ended December 31, 2020 Singapore Technologies Engineering Ltd. announced at the AGM held on April 22, 2021 that the company approved a final ordinary tax exempt (one-tier) dividend of 10.0 cents per share for the financial year ended 31 December 2020 be declared payable to the shareholders of the Company registered in the Register of Members as at the close of business at 5.00 p.m. on 28 April 2021. Upcoming Dividend • Apr 20
Upcoming dividend of S$0.10 per share Eligible shareholders must have bought the stock before 27 April 2021. Payment date: 07 May 2021. Trailing yield: 3.7%. Within top quartile of German dividend payers (3.1%). Higher than average of industry peers (1.2%). Reported Earnings • Apr 02
Full year 2020 earnings released: EPS S$0.17 (vs S$0.18 in FY 2019) The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: S$7.16b (down 9.0% from FY 2019). Net income: S$521.8m (down 9.7% from FY 2019). Profit margin: 7.3% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 3% per year and the company’s share price has also increased by 3% per year. Analyst Estimate Surprise Post Earnings • Feb 22
Revenue beats expectations Revenue exceeded analyst estimates by 0.09%. Over the next year, revenue is forecast to grow 7.6%, compared to a 20% growth forecast for the Aerospace & Defense industry in Germany. Reported Earnings • Feb 20
Full year 2020 earnings released: EPS S$0.17 (vs S$0.18 in FY 2019) The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: S$7.16b (down 9.0% from FY 2019). Net income: S$521.8m (down 9.7% from FY 2019). Profit margin: 7.3% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 3% per year and the company’s share price has also increased by 3% per year. Announcement • Jan 19
Singapore Technologies Engineering Ltd to Report Fiscal Year 2020 Results on Feb 19, 2021 Singapore Technologies Engineering Ltd announced that they will report fiscal year 2020 results Pre-Market on Feb 19, 2021 Is New 90 Day High Low • Nov 16
New 90-day high: €2.44 The company is up 17% from its price of €2.08 on 18 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Aerospace & Defense industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.67 per share. Is New 90 Day High Low • Oct 12
New 90-day high: €2.20 The company is up 9.0% from its price of €2.02 on 14 July 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Aerospace & Defense industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.54 per share.