Steico: turnover declines in main product groups

EBIT down two-thirds / margin drops by more than half

Following significant growth up to the third quarter of 2022, insulating board and LVL manufacturer Steico SE (Feldkirchen) recorded year-on-year turnover declines again in the two following quarters. In the first (+27.9% to €115.9m) and second (+26.4% to €121.6m) quarters of 2022, turnover had risen by almost one-t...

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