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 389.87 million Euros [US$432.71 million]
of which 32%
Sonae Industria, Sociedade Gestora de Participacoes Sociais, SA
(229.99 million Euros [US$255.26 million]
of which 100%
was Portugal), and
Bergs Timber AB (publ
based in SWEDEN
(3.21 billion Swedish Kronor [US$340.19 million]
of which 68%
Steico AG reported sales of 281.00 million Euro (US$311.87 million)
December of 2019.
increase of 11.5%
versus 2018, when the company's sales were 251.96 million Euro.
Sales at Steico AG have increased during each of the previous five years
(and since 2014, sales have increased a total of 61%).
Sales of Beams saw an increase
that was more than double the company's growth rate: sales were up
30.9% in 2019, from
33.00 million Euro to 43.20 million Euro.
Not all segments of Steico AG experienced an increase in sales in 2019:
sales of Hard Fiber Panels fell 47.3% to 2.90 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
Wood Wholesale (down 36.3% to 5.10 million Euro)
Other (down 1.5% to 6.50 million Euro)