CENIT AG
ISIN: DE0005407100
WKN: 540710
17 July 2024 11:43PM

EQS-Adhoc: CENIT AG: CENIT acquires 60 percent of the shares in US-based SAP analytics specialist Analysis Prime LLC

CENIT AG · ISIN: DE0005407100 · EQS - adhoc news
Country: Germany · Primary market: Germany · EQS NID: 1948587

EQS-Ad-hoc: CENIT AG / Key word(s): Mergers & Acquisitions
CENIT AG: CENIT acquires 60 percent of the shares in US-based SAP analytics specialist Analysis Prime LLC

17-Jul-2024 / 23:43 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Stuttgart, 17 July 2024 - CENIT North America LLC, a [wholly owned] subsidiary of CENIT AG, today signed an agreement to acquire a 60 percent stake in the US-based Analysis Prime LLC – a global leader in SAP planning and analytics - thereby expanding its presence in North America. The acquisition is effective as of 17 July 2024.

Since it was founded in 2018, the team of 72 experts at Analysis Prime LLC, based in Chicago (USA), has specialized in four areas of expertise relating to the planning and analysis of business-critical company processes based on SAP architecture, including the SAP Analytics Cloud (SAC), SAP Profitability and Performance Management, SAP Datasphere and SAP Group Reporting. With over 300 projects realized worldwide, including US blue-chip companies, Analysis Prime LLC is a global frontrunner in SAC expertise. The company expects sales of well over 25 million US dollars in 2024.

With the acquisition, the CENIT Group will now be represented at two locations in the USA - Auburn Hills and Chicago. The simultaneous access to the entire CENIT portfolio of PLM, AI and cloud software solutions opens opportunities to Analysis Prime LLC for strategic up- and cross-selling in North America and Europe.

Like all CENIT Group subsidiaries, Analysis Prime will continue to operate as an independent legal entity with the name suffix "a CENIT company" and under the leadership of the current Managing Partners, Graylin Johnson and Paul Davis.

 


Contact:
CENIT AG
Investor Relations
Tanja Marinovic
Telefon: +49 (0) 711 - 78 25 3320
Fax: +49 (0) 711 - 78 25 44 4320
E-Mail: t.marinovic@cenit.de


End of Inside Information

17-Jul-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: CENIT AG
Industriestraße 52 - 54
70565 Stuttgart
Germany
Phone: +49 (0)711 78 25 - 30
Fax: +49 (0)711 78 25 - 4000
E-mail: aktie@cenit.de
Internet: www.cenit.com
ISIN: DE0005407100
WKN: 540710
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1948587

 
End of Announcement EQS News Service

1948587  17-Jul-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 169,99 171,71 147,24 146,07 162,15 184,72 208,00
EBITDA1,2 11,95 15,24 9,59 11,27 11,94 16,41 18,10
EBITDA-Margin3 7,03 8,88 6,51 7,72 7,36 8,88 8,70
EBIT1,4 9,03 9,20 3,63 6,23 6,31 9,22 8,25
EBIT-Margin5 5,31 5,36 2,47 4,27 3,89 4,99 3,97
Net Profit (Loss)1 6,13 6,96 2,92 4,35 6,61 4,99 3,80
Net-Margin6 3,61 4,05 1,98 2,98 4,08 2,70 1,83
Cashflow1,7 9,62 11,68 12,28 8,24 11,49 5,33 0,00
Earnings per share8 0,73 0,82 0,28 0,51 0,75 0,54 0,42
Dividend per share8 0,60 0,00 0,47 0,75 0,50 0,04 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: Grant Thornton

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
Cenit
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
540710 DE0005407100 AG 61,50 Mio € 06.05.1998 Halten 8FWFP4FF+9R
* * *
PE 2025e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
12,25 22,76 0,54 10,06 1,46 11,54 0,33
Dividends
Dividend '2022
in €
Dividend '2023
in €
Dividend '2024e
in €
Div.-Yield '2024e
in %
0,50 0,04 0,00 0,00%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
06.06.2024 14.05.2024 01.08.2024 05.11.2024 04.04.2024
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
+1,38%
7,35 €
ATH 33,88 €
-22,29% -35,04% -40,00% -38,49% -8,00%

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