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Schlatter Industries AG Reports 2024 Financial Results Amid Operational Challenges

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Schlatter Industries AG Reports 2024 Financial Results Amid Operational Challenges

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An update from Schlatter Industries AG ( (CH:STRN) ) is now available.

Schlatter Industries AG reported a decline in net revenue to CHF 113.2 million for 2024, impacted by delayed commissioning in the welding segment and a cyber attack. Despite challenges, the company ended the year with a strong order backlog, ensuring capacity utilization for 2025, and aims to improve its operating result.

More about Schlatter Industries AG

Schlatter Industries AG operates in the industrial machinery sector, specializing in the production of welding and weaving machines. The company focuses on systems for industrial mesh production, reinforcement mesh, and rail welding machines, with a notable presence in the European market.

Average Trading Volume: 429

Current Market Cap: CHF23.86M

For an in-depth examination of STRN stock, go to TipRanks’ Stock Analysis page.

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