Germany: Sto turnover up 8.3% in the first half of 2014

Turnover of German construction industry supplier Sto increased by 8.3% to €563.1 million (US$742.41 million) in the first half of 2014, partly due to the mild weather. Domestic turnover was up 10.4% to €253.4 million. Foreign turnover grew by 6.6% to €309.7 million, while Ebit rose by 55.3% to €29.2 million. Sto expects turnover in full 2014 to grow by 5%.
August 29, 2014 Read time: 1 min

Turnover of German construction industry supplier Sto increased by 8.3% to €563.1 million (US$742.41 million) in the first half of 2014, partly due to the mild weather

Domestic turnover was up 10.4% to €253.4 million. Foreign turnover grew by 6.6% to €309.7 million, while Ebit rose by 55.3% to €29.2 million.

Sto expects turnover in full 2014 to grow by 5%.

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