q.beyond AG
ISIN: DE0005137004
WKN: 513700
08 August 2024 10:00AM

EQS-News: 2024 Lünendonk Study: q.beyond is one of the leading IT service providers

q.beyond AG · ISIN: DE0005137004 · EQS - Company News
Country: Germany · Primary market: Germany · EQS NID: 1962291

EQS-News: q.beyond AG / Key word(s): Study
2024 Lünendonk Study: q.beyond is one of the leading IT service providers

08.08.2024 / 10:00 CET/CEST
The issuer is solely responsible for the content of this announcement.


2024 Lünendonk Study: q.beyond is one of the leading IT service providers

  • Portfolio consistent with current customer needs for data & analytics, cloud transformation and cybersecurity solutions

Cologne, 8 August 2024 – According to market watchers at Lünendonk, q.beyond offers exactly the right portfolio to meet current IT requirements at companies. Alongside solutions for data intelligence and hybrid cloud services, at present these particularly include securing company IT against cybersecurity risks. The new Lünendonk Study “The IT Services Market in Germany 2024” states that demand for suitable solutions in this area has more than doubled compared with the previous year.

Cybersecurity rapidly gaining significance

In recent months, q.beyond has massively felt the effects of this sharp rise in demand among SMEs for comprehensive cybersecurity solutions. Its portfolio of services here ranges from initial analysis and strategy to implementing suitable security mechanisms and technologies through to the ongoing further development of all IT security services.

According to the study, q.beyond was able to maintain its position as one of the top twelve IT services companies in Germany ranked by revenues. The survey accounts for companies that generate more than 50 percent of their revenues with IT outsourcing, hosting, managed services and other data centre services on the external market. And q.beyond again posted above-average growth in the services market: While revenues at the top 25 German IT services companies rose by an average of eight percent, q.beyond reported domestic revenue growth of around eleven percent in the past year.

Persistently high growth at q.beyond

“For topics such as IT modernisation, cloud transformation and AI, growth rates are high despite the weak economic backdrop and political uncertainties. Companies need to act now if they are to avoid falling behind their international competitors”, comments Thies Rixen, CEO of q.beyond AG. A further factor was the need for companies to secure their IT against cyber risks: “The dramatic rise in the number of cyberattacks poses a real threat for medium-sized companies. Here, criminals also have the expertise available at companies and institutions in their sights. We see it as our job to provide German SMEs with comprehensive protection in this area.”

Overall, for this study which is published each year Lünendonk surveyed more than 100 IT service providers and almost 150 IT managers at larger SMEs, as well as at large companies and groups.

The complete Lünendonk study “The IT Services Market in Germany 2024” can be downloaded free of charge at the following link: https://www.qbeyond.de/luenendonk-studie-2024

 

About q.beyond AG
q.beyond AG is the key to successful digitalisation. We help our customers find, implement and operate the best digital solutions for their businesses. Our strong team of 1,100 specialists accompanies SMEs reliably as they tackle their digital transformation. Customers benefit here from our all-round expertise in cloud, artificial intelligence, SAP, Microsoft, data intelligence, security and software development. With locations across Germany, as well as in Latvia, Spain and India, and its own certified data centres, q.beyond is one of Germany’s leading IT service providers.

Contact
q.beyond AG

Arne Thull
Head of Investor Relations/Mergers & Acquisitions
T +49 221 669-8724
invest@qbeyond.de
www.qbeyond.de
 



08.08.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: q.beyond AG
Richard-Byrd-Straße 4
50829 Cologne
Germany
Phone: +49-221-669-8724
Fax: +49-221-669-8009
E-mail: invest@qbeyond.de
Internet: www.qbeyond.de
ISIN: DE0005137004
WKN: 513700
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1962291

 
End of News EQS News Service

1962291  08.08.2024 CET/CEST

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Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.

The most important financial data at a glance
  2018 2019 2020 2021 2022 2023 2024e
Sales1 366,84 238,05 143,42 155,16 173,02 189,28 192,50
EBITDA1,2 35,06 140,30 -1,98 31,37 5,36 5,75 9,10
EBITDA-Margin3 9,56 58,94 -1,38 20,22 3,10 3,04 4,73
EBIT1,4 8,48 87,94 -18,83 15,18 -32,27 -10,94 -1,90
EBIT-Margin5 2,31 36,94 -13,13 9,78 -18,65 -5,78 -0,99
Net Profit (Loss)1 3,28 73,54 -19,90 9,85 -33,09 -16,40 -2,70
Net-Margin6 0,89 30,89 -13,88 6,35 -19,13 -8,66 -1,40
Cashflow1,7 34,13 -17,71 -4,97 -7,66 -1,26 6,47 0,00
Earnings per share8 0,03 0,59 -0,16 0,08 -0,27 -0,14 -0,02
Dividend per share8 0,03 0,03 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de and Company information
Explanation

1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de

Auditor: Forvis Mazars

All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.

INVESTOR-INFORMATION
©boersengefluester.de
q.beyond
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
513700 DE0005137004 AG 85,71 Mio € 19.04.2000 Halten 9F28XVPP+J8
* * *
PE 2025e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
34,40 26,56 1,30 -43,00 0,91 13,24 0,45
Dividends
Dividend '2022
in €
Dividend '2023
in €
Dividend '2024e
in €
Div.-Yield '2024e
in %
0,00 0,00 0,00 0,00%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
22.05.2025 12.05.2025 11.08.2025 11.11.2024 31.03.2025
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
-0,86%
0,69 €
ATH 20,00 €
-7,03% -8,87% +15,44% +13,91% -94,71%

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