Steico: Natural building products are trending and led to an upward forecast revision for 3 to 6% growth. The [housing construction turbo beneficiary] is taking off!

When companies continue to grow and achieve acceptable margins even during a crisis, it speaks to a strong product portfolio and market position. This is the case with STEICO (i). The company is a provider of ecological insulation and wooden construction products for new builds as well as renovations. Despite a significant construction crisis, just a few days ago they raised their revenue outlook to a growth rate of 3 to 6%. Revenues are expected to be between 388 and 399 million euros. The EBIT is expected to reach between 29 and 35 million...