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Sto consolidated turnover up by 3.7 % to EUR 1,208.7 million

Financial figures for 2014

Overview of business performance in 2014 and general statement on financial development


Following an exceptionally dynamic start to 2014 thanks to favourable weather conditions, business in the Sto Group began experiencing a surprisingly significant weakening in April, with its performance below expectations in the second and third quarters as well as in October.

At the start of November 2014, this prompted us to revise down our turnover forecast, plus our forecast concerning the EBIT, EBT, and return on sales earnings figures. It was only the delayed onset of winter in the last two months of the year and the resulting high demand as well as positive currency translation effects that partially compensated for the decline. This made it possible to uphold the original forecast for the the EBIT, EBT, and return on sales earnings figures. The target increase in turnover that had been revised down in November from approximately 5 % to approximately 2 % was exceeded, with consolidated turnover rising by 3.7 % to EUR 1,208.7 million.


The fiscal year 2014 at a glance

  • Sto consolidated turnover up by 3.7 % to EUR 1,208.7 million
  • Foreign business up 4.5 % to EUR 659.5 million, domestic sales up 2.7 % to EUR 549.2 million
  • Consolidated EBIT decreases from EUR 99.9 million to EUR 97.0 million
  • Earnings before tax (EBT) at EUR 96.2 million after EUR 99.0 million in the previous year
  • Return on sales down from 8.5 % to 8.0 %
  • One-off special distribution: dividend of EUR 0.31 per limited preference share and EUR 0.25 per
  • limited ordinary share plus a bonus of EUR 25.14 per share
  • Cash flow from operating activity at EUR 93.9 million (previous year: EUR 80.9 million)
  • Increase in number of employees in the Group on the reference date from 4,791 to 4,979
  • Outlook for 2015: increase in turnover of 5 % to around EUR 1,270 million and increase in EBIT from EUR 92 million to EUR 102 million expected

What makes the difference at Sto

Find out what makes the difference in our world in this short video.

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