Stratec SE (OTCPK:STSEY)

$ 6.7 0 (0%) Market Cap: 407.23 Mil Enterprise Value: 519.70 Mil PE Ratio: 34.76 PB Ratio: 1.54 GF Score: 83/100

Half Year 2023 Stratec SE Earnings Call Transcript

Aug 09, 2023 / 12:00PM GMT

Release Date Price: $26.25

Transcript

Marcus Wolfinger

Stratec SE - Chairman of Board of Management & CEO

Ladies and gentlemen, welcome to our H1 call. Good morning in the United States and good afternoon in Europe. Before we start, I actually have a few housekeeping things. First of all, I think I don't need to read you through the safe harbor statement. You can actually download that presentation from the webcasting tool or directly from our website. And just one more thing. Actually, we know that other companies are reporting this afternoon as well. So we want to actually make sure that we conclude that meeting punctually. As always, I would like to get you an overview over the highlights of H1 then followed by the financial review and the outlook.

And certainly, at the end, giving us enough time to get through your questions. H1 was certainly from an overall perspective, particularly from a numbers perspective, not very satisfying in constant currency and very much driven by the pandemic-driven high basis and comparison basis. We are showing a revenue decline of about 9%. Actually, already in the second quarter, which is not

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