Sto Group Sees 3.7% Revenue Growth Amid Challenging Conditions
The Sto SE & Co. KGaA Group reported a 3.7% increase in turnover to EUR 805.5 million by the end of June 2026, surpassing its first-quarter shortfall despite challenging conditions.
The company's revenue growth was driven by strong performance in Germany, where turnover rose by 4.7% to EUR 323.8 million, and Western Europe, which saw a 4.3% increase in adjusted for currency translation effects.
However, business development in the America/Asia/Pacific segment declined due to weak demand in Asia, particularly in China, where the company is restructuring its operations to focus on interior design and renovation sectors.