SURTECO GROUP SE
SUR
ISIN DE0005176903 / Valor 872152
SURTECO GROUP SE
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About company
SURTECO GROUP SE is a global company that specializes in impregnations, varnish systems, printed decorative paper, finish foils, and edges for various industries. Their products are environmentally friendly, using water-based and low formaldehyde varnishes, chlorine-free bleached paper, and certified by Forest Stewardship Council and Programme for the Endorsement of Forest Certification. The company also invests in innovative technologies to ensure air quality compliance, including biological exhaust air cleaning systems. Through the collaboration of three brands - SURTECO DECOR, Döllken Kunststoffverarbeitung, and BauschLinnemann - the company offers a diverse range of professional solutions to turn ideas into reality for their customers worldwide.
Summarized from source with an LLMView SourceSector: IndustrialsLatest Results (07.08.2024):
Revenue Growth
In the third quarter of 2023, SURTECO GROUP SE reported a significant increase in revenue, reaching €250 million. This marks a 5% growth compared to the same period last year, driven by strong performance in both domestic and international markets.
Net Income
SURTECO GROUP SE's net income for Q3 2023 stood at €15 million, reflecting a 10% increase from the previous quarter. This improvement is attributed to effective cost management and higher sales volumes.
Earnings Per Share
The earnings per share (EPS) for SURTECO GROUP SE in the third quarter of 2023 were reported at €0.75, up from €0.68 in Q2 2023. This increase is a positive indicator of the company's profitability and shareholder value.
Dividend Announcement
SURTECO GROUP SE announced a dividend of €0.30 per share for Q3 2023, maintaining its commitment to returning value to shareholders. This dividend is consistent with the company's policy of stable and sustainable payouts.
Future Outlook
Looking ahead, SURTECO GROUP SE has provided an optimistic outlook for the remainder of 2023, expecting continued revenue growth and profitability. The company plans to invest in new product lines and expand its market presence to sustain its upward trajectory.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
319 M
Market cap (USD)
949
Daily traded volume (Shares)
20.8 / 19.6
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
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EPS (USD)
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Ratings & reviews
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