ST Engineering - UOB Kay Hian 2025-02-28: 2024 Results A Slight Beat; Good Growth Visibility Backed By Strong Orderbook

• ST Engineering is hosting its Investor Day on 18 Mar 25. We recommend investors to stay invested while watching out for ST Engineering’s sharing of its future growth plan.

ST Engineering's 2024 results a slight beat.

• - Read this at SGinvestors.io -
• Group revenue rose 11.6% y-o-y to S$11.3b in 2024, driven by broad-based growth across all segments and sub-segments, except for the Satcom subsegment which is undergoing some transformation.

Segmental EBIT performance: Positive surprises in CA & USS margins.

Commercial aerospace (CA):

• - Read this at SGinvestors.io -

Urban solutions & satcom (USS):

• Read more at SGinvestors.io.

Above is an excerpt from a report by UOB Kay Hian Research.
Clients of UOB Kay Hian may be the first to access the full PDF report @ https://www.utrade.com.sg/.

Read also UOB's most recent report:
2026-03-02 ST Engineering - 2025 Results In Line; All Engines Firing With Upbeat Outlook; Sentiment To Remain Buoyant Amid US-Iran War.

Previous report by UOB:
2025-11-13 ST Engineering 9M25 - Strong Revenue And Orderbook; Strategic Review Of Loss-making I-direct Group A Key Positive.

Price targets by 5 other brokers at ST Engineering Target Prices.

Listing of research reports at ST Engineering Analyst Reports.

Relevant links:
ST Engineering Share Price History,
ST Engineering Announcements,
ST Engineering Dividend Payout Dates & Corporate Actions,
ST Engineering News