STEICO SE provided earnings guidance for the first quarter and full year 2020. For the quarter, the company revenues summed up to approx. EUR 74.4 million which is a plus of 4.9% (previous year: EUR 70.9 million). EBIT went down by 9.2% to approx. EUR 6.0 million (previous year: EUR 6.6 million).

For 2020 as a whole, the Board of Directors expects revenues to be between the previous year's level and plus 5% growth, with an EBIT ratio of between 7.5% and 8.5%.

Based on current challenges the board of administration proposes to annual general meeting, not to increase the dividend compared to the previous year and to pay EUR 0.25 per share again.