Stevanato Group Investor Presentation
Factors Impacting the Engineering Segment Trajectory
Convergence of factors impacting segment
•
Very strong demand for machinery over the last two years
•
Facing challenges on timely execution
-
Persistent long lead times for electronic components
And the time needed to shore-up the necessary resources
to deliver on the outsized demand
·
.
On the right path to better balance resources with demand,
but it will take some additional time
Execution is main focus in 2024 for Engineering Segment
-
May negatively impact segment growth in the short term,
but we believe this action will better position the business
for long-term success
SG, Stevanato Group
Engineering Third-Party Revenue
(€ million)
+26%
184
206
150
81
97
2019
2020
2021
2022
2023
Stevanato Group Investor Presentation, March 2024
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