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Sto's consolidated turnover rises by 2.1 % to EUR 1,166.0 million in 2013

Financial figures for 2013

Stühlingen, 25 April 2014 – Sto SE & Co. KGaA increased its consolidated turnover in the 2013 fiscal year by 2.1 % to EUR 1,166.0 million (previous year: EUR 1,141.7 million). This was in line with forecasts, although performance in the first few months of the year was very low due to poor weather conditions.

Strong demand in the summer months and favourable weather conditions towards the end of the year compensated for this. Key figures here include a 2.3 % rise in foreign turnover to EUR 631.3 million (previous year: EUR 617.0 million), although this was cut by EUR -7.9 million due to the impact of negative currency translations.

The share of international business within consolidated turnover therefore stood at 54.1 % (previous year: 54.0 %).

  • Sto's consolidated turnover rises by 2.1 % to EUR 1,166.0 million in 2013
  • Consolidated EBIT improves by 4.8 % to EUR 99.9 million
  • Net profit of EUR 68.5 million after EUR 65.4 million in the previous year
  • Dividend unchanged: bonus remains at EUR 4.56 and basic dividend at EUR 0.31 per preference share and EUR 0.25 per ordinary share
  • Group workforce increases from 4,689 to 4,791 employees
  • Change of legal form from Sto AG to Sto SE & Co. KGaA completed at end of March 2014
  • Outlook for 2014: rise in turnover of around 5 % and EBIT of EUR 90 to 100 million expected

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