STRATEC SE : Q2 review – some stabilisation but Analyser systems remain weak
>Top line still impacted by subdued demand for molecular diagnostic systems - Stratec’s Q2 2024 revenues of € 68.2m (+5.7% y-o-y) were driven by a 5.3% increase at constant currencies), which were +2%/-1% vs our and the consensus’ expectations. The consolidation of Natech Plastics contributed around 600bp to revenues growth. The second quarter was still impacted by subdued demand for molecular diagnostic systems. On a H1 view, Analyser systems were still down -34.4%, ...STRATEC Biomedical designs and manufactures automation solutions and technologies for use mainly in in-vitro diagnostics (IVD) and in other regulated markets. IVD refers to those diagnostics activities performed outside the body in a glass or in test receptacles in a laboratory. Co. operates through two segments: Instrumentation and All Other. In the Instrumentation segment, Co. designs and manufactures fully automated analyzer systems for its clinical diagnostics and biotechnology customers. In its all other segment, Co. develops workflow software for networking several analyzer systems and develops and sells scientific materials and technologies such as nucleic acid purification.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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