Steico SE

Steico SE is a Germany-based company engaged in the construction industry. The Company develops, produces and distributes ecological building products made from renewable raw materials. Its product portfolio consists of insulation solutions for roof, dry walls, ceiling and floor constructions, including STEICOflex, a flexible cavity insulation; STEICOformwork, robust formwork beams for economic formwork solutions; STEICOtherm, a solid heat insulation for roofs, walls and topping elements; STEICOuniversal, a sheathing board for all constructions; STEICOfloor, a floor insulation system protecting from heat and impact sound; STEICOglulam, structural engineered elements; STEICOprotect, removing the need for a ventilated cavity allowing for thinner wall constructions, and STEICOunderfloor, an impact sound insulation, among others. As of December 31, 2011, it operated through seven subsidiaries located in Poland, the United Kingdom and France.
  • TickerA0LR93
  • ISINDE000A0LR936
  • SectorConstruction & Materials
  • CountryGermany

Analysts

Thomas Effler

STEICO SE : Feedback from the 13th ODDO BHF GERMAN CONFERENCE

>New elements - At our Frankfurt conference STEICO’s management indicated that the company’s main target for 2019 will be the further optimisation of production on its new laminated veneer lumber (LVL) line. Demand for LVL products is very healthy and management is exploring new clients for its products. Towards mid-2019 management targets new production capacity for prefabricated wall elements used to build prefabricated timber houses; this should drive further growt...

Thomas Effler

ODDO BHF GERMAN MORNING NEWS – DETAILED COMMENTS 02.06.2019

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Thomas Effler

STEICO SE : Solid 2018 figures – a very promising outlook for 2019

>Strong sales growth in Q4 2018, profitability remains very sound - STEICO reported full-year preliminary results for 2018 on 04 February after the market close. Sales were up 9.4% yoy to € 252m (2017: € 230.3m), fully in line with our estimate of € 250m, and even accelerated in Q4 2018 (up 12.8% yoy to € 64.3m). The revenue growth was primarily driven by high demand for environmentally friendly insulation materials and laminated veneer lumber (LVL). EBITDA increased ...

Thomas Effler

STEICO SE : Feedback from the 13th ODDO BHF GERMAN CONFERENCE

>New elements - At our Frankfurt conference STEICO’s management indicated that the company’s main target for 2019 will be the further optimisation of production on its new laminated veneer lumber (LVL) line. Demand for LVL products is very healthy and management is exploring new clients for its products. Towards mid-2019 management targets new production capacity for prefabricated wall elements used to build prefabricated timber houses; this should drive further growt...

Thomas Effler

ODDO BHF GERMAN MORNING NEWS – DETAILED COMMENTS 02.06.2019

...

Thomas Effler

STEICO SE : Solid 2018 figures – a very promising outlook for 2019

>Strong sales growth in Q4 2018, profitability remains very sound - STEICO reported full-year preliminary results for 2018 on 04 February after the market close. Sales were up 9.4% yoy to € 252m (2017: € 230.3m), fully in line with our estimate of € 250m, and even accelerated in Q4 2018 (up 12.8% yoy to € 64.3m). The revenue growth was primarily driven by high demand for environmentally friendly insulation materials and laminated veneer lumber (LVL). EBITDA increased ...

Martin Decot ...
  • Thomas Effler

ODDO BHF GERMAN MORNING NEWS – DETAILED COMMENTS 01.16.2019

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Thomas Effler

STEICO SE : Feedback from CMD – attractive niche player with solid growth potential

>Competitors taking out capacity - We attended STEICO’s CMD yesterday at its headquarters in Feldkirchen near Munich and also visited STEICO’s booth at the “Baumesse” construction trade fair. Management presented positive newsflow, i.e. that some of STEICO’s competitors recently announced that they are shutting down some of their production capacity: i) At the end of 2018 “Homatherm” closed its production lines in Switzerland for flexible wood fibre insulation mats an...

Henning Steinbrink ...
  • Roland Pfaender,MBA,CFA,CCRA

Software AG : H1 2018 update of our ODDO BHF small/mid-cap Germany Conviction List

>Updating our Conviction List on German small-and mid-caps - We are updating our Conviction List for German small-and mid-cap companies selected from the ODDO BHF coverage universe. We believe companies on this list, selected on the basis of bottom-up, valuation and momentum considerations, have the potential to outperform their respective indices over an investment horizon of up to 12 months. We will continue to actively review our Conviction List, adding or remov...

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

Expert Corporate Governance Service (ECGS)

Proxy Report 21/06/2018

General: Steico develops, produces and markets ecological construction products made of renewable raw materials. The Company is the European market leader for wood-fibre insulation materials. Steico SE is listed on the Basic Board segment of the Frankfurt Stock Exchange and the m:access segment of the Munich Stock Exchange, which are not organised markets within the meaning of the German Securities Trading Act. Therefore, the Company is not a capital market-oriented company within the meaning of this legal requirement and subject to reduced statutory obligations as well as less strict admissi...

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