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Steico earnings fail to live up to expectations

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Published in issue 8/2015
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The insulation board manufacturer Steico SE, based in Feldkirchen, Germany, fell short of its target for improving earnings in the 2014 financial year. According to preliminary figures published on 3 February, EBITDA climbed 4.2 % to €22.3m (2013: 21.4m) and EBIT rose 4.3 % to €9.7m (9.3m). Steico originally set a ...

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