EQS-News: Sto SE & Co. KGaA: Consolidated turnover down by 5.9 % in the first quarter of 2024 compared to the same period of the previous year
An additional effect resulted from the lower number of working days in March 2024 compared to the same month in the previous year.
- An additional effect resulted from the lower number of working days in March 2024 compared to the same month in the previous year.
- Currency translations had an overall negative impact of EUR 1.8 million on the Group in the first quarter of 2024.
- In Germany, the Sto Group's turnover volume decreased by 7.0 % to EUR 136.3 million (previous year: EUR 146.6 million) and outside of Germany by 5.1 % to EUR 204.2 million (previous year: EUR 215.2 million).
- In the reporting period, the deficit, which is typical for the first quarter, was higher than in the previous year.