SURTECO GROUP SE / DE0005176903
31.10.2025 - 07:30:03SURTECO GROUP SE: Operating sales slightly below previous year, earnings growth in third quarter
| SURTECO GROUP SE / Key word(s): Quarterly / Interim Statement/9 Month figures 31.10.2025 / 07:30 CET/CEST The issuer is solely responsible for the content of this announcement. Buttenwiesen, 31 October 2025 – During the first three quarters of 2025, the SURTECO Group generated sales amounting to € 639.8 million after € 662.2 million in the previous year. After taking into account the discontinuation of the impregnates division in May 2025 and after deduction of negative exchange-rate effects compared with the previous year, the development of operating sales at -1 % was only slightly below that of the year-earlier period. This correlates with the flagging economic growth in Germany and the resulting marked weakness in demand being experienced in the furniture industry. The earnings for the group adjusted by one-off exceptional effects (adjusted EBITDA) fell back to € 73.2 million (2024: € 76.8 million) during the months January to September 2025. Conversely, a comparison of the months July to September revealed an increase to € 22.5 million (Q3 2024: € 19.8 million). The consolidated result was also significantly impacted by negative exchange-rate effects arising from intercompany loans. Although interest payments were declining, the financial result amounted to € -18.2 million during the first three quarters of 2025 (Q1-3 2024: € -14.0 million). After income tax of € -9.2 million (2024: € -8.9 million), the net loss amounted to € -5.2 million after a net profit of € 7.8 million in the previous year. The free cash flow in the first three quarters of 2025 amounted to € 20.4 million after € 23.8 million in the same period of the previous year. Since restrained demand was anticipated for the current business year and the SURTECO Group is maintaining its strict cost discipline, the earnings forecast from the Annual Report 2024 is confirmed (adjusted EBITDA between € 85 million and € 105 million) with attainment targeted at the lower end of the range. The forecast sales of between € 850 million and € 900 million are expected to be at the lower end of the range or even slightly below this level, owing to the effect of sustained weak demand and under the impact of negative exchange-rate effects. “The demand in our sector remains even weaker than expected at the beginning of the year. As a result of the long-term optimization of our processes and structures, and by maintaining strict cost discipline, we will however be able to offset the shortfall in volume needed to achieve the adjusted EBITDA being targeted,” commented Wolfgang Moyses, Chairman of the Management Board of SURTECO GROUP SE. You will find the report on the first three quarters of 2025 and other information about SURTECO GROUP SE on the Internet at www.surteco.com. Contact:
31.10.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group. The issuer is solely responsible for the content of this announcement. The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. View original content: EQS News |
| Language: | English |
| Company: | SURTECO GROUP SE |
| Johan-Viktor-Bausch-Str. 2 | |
| 86647 Buttenwiesen | |
| Germany | |
| Phone: | +49 (0)8274 99 88-0 |
| E-mail: | ir@surteco.com |
| Internet: | www.surteco.com |
| ISIN: | DE0005176903 |
| WKN: | 517 690 |
| Listed: | Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart, Tradegate Exchange |
| EQS News ID: | 2220442 |
| End of News | EQS News Service |
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