SF3 STS Group AG

DGAP-News: STS Group AG postpones publication of the 2019 annual report to April 09, 2020, due to COVID-19 - Annual General Meeting rescheduled as well

DGAP-News: STS Group AG / Key word(s): Annual Results/Miscellaneous
STS Group AG postpones publication of the 2019 annual report to April 09, 2020, due to COVID-19 - Annual General Meeting rescheduled as well

01.04.2020 / 19:21
The issuer is solely responsible for the content of this announcement.


STS Group AG postpones publication of the 2019 annual report to April 09, 2020, due to COVID-19 - Annual General Meeting rescheduled as well

Hallbergmoos/Munich, April 01, 2020. STS Group AG (ISIN: ; ), the global system supplier for the automotive and commercial vehicle industry, listed in the Prime Standard of the Frankfurt Stock Exchange, postponed the publication of the 2019 annual report scheduled for April 02, 2020. The postponement became necessary against the background of the restrictions and measures to protect employees during the coronavirus pandemic and the need to include the latest developments of COVID-19 in the annual report.

The new publication date is scheduled for April 09, 2020. The annual report of STS Group AG will be available for download on in the Investor Relations section following its publication. For interested investors and press representatives, STS Group AG will hold a conference call on April 09, 2020, at 10.30 a.m.

As a consequence of the current restrictions, the Management also decided to reschedule the Annual General Meeting, which will now take place on July 14, 2020, instead of May 15, 2020, as previously planned.

About STS Group:
STS Group AG, (ISIN: ), is a leading system supplier to the automotive industry with a focus on solutions in the acoustics, thermal and structural engineering sectors. It employs more than 2,500 people worldwide and generated revenues of 362.8 mEUR in the financial year 2019. The STS Group ("STS") produces and develops plastic and acoustic components such as solid and flexible vehicle and aerodynamic trim, noise and vibration-damping materials, entire interior and exterior trim systems, as well as lightweight construction and battery components for electric vehicles at its 17 plants and four development centres in France, Italy, Germany, Poland, Mexico, Brazil, China and, in the future, also in the USA. STS is considered as a technology leader in the manufacture of special acoustic products, plastic injection moulding and components made of composite materials (Sheet Molding Compound - SMC). STS has a large global footprint with plants in four continents. The customer portfolio comprises leading international manufacturer of commercial vehicles, passenger cars and electric vehicles.

STS Group AG
Stefan Hummel
Head of Investor Relations
Zeppelinstrasse 4
85399 Hallbergmoos
12



Contact for financial and business press
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
3-33



01.04.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at


Language: English
Company: STS Group AG
Zeppelinstraße 4
85399 Hallbergmoos
Germany
Phone: +49 (0)811 124494 0
E-mail: p
Internet:
ISIN: DE000A1TNU68
WKN: A1TNU6
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1012915

 
End of News DGAP News Service

1012915  01.04.2020 

fncls.ssp?fn=show_t_gif&application_id=1012915&application_name=news&site_id=research_pool
EN
01/04/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on STS Group AG

 PRESS RELEASE

EQS-News: STS Group AG publishes 2024 Annual Report – annual forecast ...

EQS-News: STS Group AG / Key word(s): Annual Results/Annual Report STS Group AG publishes 2024 Annual Report – annual forecast met in a challenging market environment 31.03.2025 / 18:00 CET/CEST The issuer is solely responsible for the content of this announcement. STS Group AG publishes 2024 Annual Report – annual forecast met in a challenging market environment US production site as a key growth driver Group revenue before one-off effects increases by 8.5% to EUR 301.5 million (2023: EUR 277.9 million) EBITDA improves to EUR 23.0 million (2023: EUR 20.5 million) EBI...

 PRESS RELEASE

EQS-News: STS Group AG veröffentlicht Geschäftsbericht 2024 – Jahrespr...

EQS-News: STS Group AG / Schlagwort(e): Jahresergebnis/Jahresbericht STS Group AG veröffentlicht Geschäftsbericht 2024 – Jahresprognose in anspruchsvollem Marktumfeld erfüllt 31.03.2025 / 18:00 CET/CEST Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich. STS Group AG veröffentlicht Geschäftsbericht 2024 – Jahresprognose in anspruchsvollem Marktumfeld erfüllt US-Werk als wesentlicher Wachstumstreiber Konzernumsatz vor Einmaleffekten steigt um 8,5 % auf 301,5 Mio. EUR (2023: 277,9 Mio. EUR) EBITDA auf 23,0 Mio. EUR verbessert (2023: 20,5 Mio. EUR...

 PRESS RELEASE

EQS-News: STS Group AG increases profitability in a challenging market...

EQS-News: STS Group AG / Key word(s): 9 Month figures STS Group AG increases profitability in a challenging market environment 29.11.2024 / 07:30 CET/CEST The issuer is solely responsible for the content of this announcement. STS Group AG increases profitability in a challenging market environment Margin expansion with almost stable sales revenue despite weaker truck markets and delays in revenue recognition in the US Sales revenue of 207.0 mEUR, down 1.5 % year-on-year (9M/2023: 210.2 mEUR) EBITDA rises by 14.2% to 16.8 mEUR (9M/2023: 14.7 mEUR) EBITDA margin improv...

 PRESS RELEASE

EQS-News: STS Group AG steigert Profitabilität in herausforderndem Mar...

EQS-News: STS Group AG / Schlagwort(e): 9-Monatszahlen STS Group AG steigert Profitabilität in herausforderndem Marktumfeld 29.11.2024 / 07:30 CET/CEST Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich. STS Group AG steigert Profitabilität in herausforderndem Marktumfeld Margenausweitung bei nahezu stabilen Umsätzen trotz schwächerer Nutzfahrzeugmärkte und zeitlichen Umsatzverschiebungen in den USA Umsatz mit -1,5 % im Jahresvergleich bei 207,0 Mio. EUR (9M/2023: 210,2 Mio. EUR) EBITDA steigt um 14,2 % auf 16,8 Mio. EUR (9M/2023: 14,7 Mio. E...

 PRESS RELEASE

EQS-News: STS Group AG continues to grow in the first half of 2024 wit...

EQS-News: STS Group AG / Key word(s): Half Year Results/Half Year Report STS Group AG continues to grow in the first half of 2024 with increasing profitability 09.08.2024 / 07:30 CET/CEST The issuer is solely responsible for the content of this announcement. STS Group AG continues to grow in the first half of 2024 with increasing profitability Sales revenue increases by 7.0% to 153.5 mEUR (H1/2023: 143.5 mEUR) Plastics segment growth driver with a 9.9% increase in sales revenue EBITDA increased by 40.3% to 11.8 mEUR (H1/2023: 8.4 mEUR) EBITDA margin improved to 7.7% (...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch