Steico AG operates in the Reconstituted wood products sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Steico AG with three other
timber and forestry companies in Europe:
sales of 401.99 million Euro [US$444.68 million]
of which 33%
Sonae Industria, Sociedade Gestora de Participacoes Sociais, SA
(220.17 million Euro [US$243.55 million]
of which 100%
was Portugal), and
Bergs Timber AB (publ
based in Sweden
(2.27 billion Swedish Kronor [US$236.12 million]
of which 100%
Steico AG reported sales of 251.96 million Euro (US$278.71 million)
December of 2018.
increase of 9.4%
versus 2017, when the company's sales were 230.31 million Euro.
Sales at Steico AG have increased during each of the previous five years
(and since 2013, sales have increased a total of 59%).
Sales of Veener Wood saw an increase
that was more than double the company's growth rate: sales were up
45.9% in 2018, from
19.40 million Euro to 28.30 million Euro.
Steico AG also saw significant increases in sales in
Other (up 20.0% to 6.60 million Euro)
Not all segments of Steico AG experienced an increase in sales in 2018:
sales of Wood Wholesale fell 28.6% to 8.00 million Euro.
(However, this segment's sales were only a very small portion of the company's overall sales).
Steico AG also experienced decreases in sales in
Special Products (down 1.4% to 13.90 million Euro)
Hard Fiber Panels (down 15.4% to 5.50 million Euro)