STEICO SE Reports Stable Turnover Amid Cost Pressures in 2026

On July 20, 2026, STEICO SE disclosed its half-year financial performance, showing a turnover of €200.3 million, a 0.6% increase from the prior year. The second quarter saw a surge in demand for STEICO’s bio-based construction products due to the commencement of the construction season. However, expenses escalated significantly because of supply chain disruptions linked to the US-Iran conflict.

Despite the implemented price increases, a time lag in their effect resulted in a substantial dip in margins. After six months, EBITDA recorded a 22.1% decline to €29.0 million. Consequently, EBIT fell to €14.7 million, marking a 30.8% drop with an EBIT margin of 7.5%.

The management remains optimistic about the second half, anticipating further growth and improved profit margins. Revenue for the full year 2026 is forecasted to fluctuate between a 2% decrease and a 4% increase, with EBIT projected between €30 million and €38 million.