SNP Schneider-Neureither & Partner SE
ISIN: DE0007203705
WKN: 720370
16 October 2024 10:47AM

EQS-News: SNP: Significant Increase of Revenue and Earnings in the Third Quarter – Further Raise of Full-Year Guidance 2024

SNP Schneider-Neureither & Partner SE · ISIN: DE0007203705 · EQS - Company News
Country: Germany · Primary market: Germany · EQS NID: 2009739

EQS-News: SNP Schneider-Neureither & Partner SE / Key word(s): Preliminary Results/Change in Forecast
SNP: Significant Increase of Revenue and Earnings in the Third Quarter – Further Raise of Full-Year Guidance 2024

16.10.2024 / 10:47 CET/CEST
The issuer is solely responsible for the content of this announcement.


Corporate News

SNP: Significant Increase of Revenue and Earnings in the Third Quarter – Further Raise of Full-Year Guidance 2024

  • Order entry increased by 24% to around € 75 million (Q3 2023: € 60.2 million)
  • Revenue grew by 24% to approximately € 67 million (Q3 2023: € 54.1 million)
  • Significant improvements in EBIT to around € 8 million (Q3 2023: € 4.8 million) – EBIT margin reached around 12%

Heidelberg, Germany, October 16, 2024 – SNP, a leading global provider of software for digital transformation, automated data migration and data management in the SAP environment, recorded another outstanding business performance: According to preliminary figures, the company increased order entry by 24% to around € 75 million in the third quarter of 2024, compared to € 60.2 million in the same quarter of the previous year. Revenue rose by 24% to around € 67 million in the same period, compared to € 54.1 million in the third quarter of 2023. EBIT also improved significantly, rising from € 4.8 million in the previous year to approximately € 8 million, which corresponds to an EBIT margin of around 12% (previous year: 8.9%).

On a nine-month view, order entry amounted to around € 210 million (9M 2023: € 169.6 million), revenue came to approximately € 183 million (9M 2023: € 149.6 million) and the EBIT increased significantly to around € 20 million (9M 2023: € 8.3 million).

Jens Amail, CEO of SNP, comments: ”After a record first half of the year, we are excited to report our best third quarter ever. We are humbled by the market response to our Kyano platform, and thankful that more and more customers and partners put their trust in SNP. We are making strong progress in all strategic focus areas – scaling through our ecosystem, growing our business in international markets, and enabling our clients to efficiently migrate to RISE with SAP.  We are pleased with what we have achieved, look forward to a strong closing of the fiscal year and remain confident about the future.“

Based on the strong performance and the ongoing market momentum, the company has again increased its outlook for the full year 2024. The revenue forecast has been raised to a range between € 240 million and € 250 million (previous guidance: € 225 million to € 240 million). EBIT is expected to range between € 21 million and € 25 million (previous guidance: € 16 million to € 20 million). For its order entry, SNP still expects a book-to-bill ratio (order entry over sales revenue) greater than one.

SNP will publish the Interim Statement for Q3 2024 on November 7, 2024.

 

About SNP
SNP (ticker: SHF.DE) helps companies worldwide to tap into the full potential offered by their data and to embark on their very own journey to a digital future.

With its CrystalBridge® data excellence platform and its BLUEFIELD™ approach, SNP has established a comprehensive industry standard, enabling faster and more secure restructuring and modernization of SAP systems and realizing data-driven innovations via the cloud.

Some 3,000 customers worldwide from all sectors and of all sizes trust in SNP, including 20 DAX 40 and numerous Fortune 500 companies. The SNP Group has more than 1,400 employees worldwide in 35 locations in 21 countries. Headquartered in Heidelberg, the company generated revenue of €203.4 million in the 2023 fiscal year.

Further information is available at www.snpgroup.com

 

SNP contact
Marcel Wiskow
Director lnvestor Relations
Phone: +49 6221 6425-637
Email: marcel.wiskow@snpgroup.com
presse@snpgroup.com

 

 

 



16.10.2024 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: SNP Schneider-Neureither & Partner SE
Speyerer Str. 4
69115 Heidelberg
Germany
Phone: +49 6221 6425 637, +49 6221 6425 172
Fax: +49 6221 6425 20
E-mail: investor.relations@snpgroup.com
Internet: www.snpgroup.com
ISIN: DE0007203705
WKN: 720370
Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 2009739

 
End of News EQS News Service

2009739  16.10.2024 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 130,98 145,19 143,78 166,97 173,42 203,43 246,00
EBITDA1,2 2,30 15,14 9,23 16,26 17,61 21,52 34,40
EBITDA-Margin3 1,76 10,43 6,42 9,74 10,16 10,58 13,98
EBIT1,4 -2,55 7,00 0,84 6,30 6,71 11,12 23,90
EBIT-Margin5 -1,95 4,82 0,58 3,77 3,87 5,47 9,72
Net Profit (Loss)1 -1,62 2,26 -1,84 0,60 1,41 5,87 15,00
Net-Margin6 -1,24 1,56 -1,28 0,36 0,81 2,89 6,10
Cashflow1,7 3,33 -5,09 2,00 -1,38 -0,53 12,55 16,80
Earnings per share8 -0,26 0,35 -0,22 0,14 0,22 0,80 1,95
Dividend per share8 0,00 0,00 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: Rödl & Partner

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INVESTOR-INFORMATION
©boersengefluester.de
SNP Schneider-Neureither
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
720370 DE0007203705 SE 397,35 Mio € 03.04.2000 Kaufen 8FXCCM2G+4W
* * *
PE 2025e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
23,81 37,43 0,64 129,64 3,24 31,67 1,95
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
04.06.2025 08.05.2025 31.07.2025 07.11.2024 27.03.2025
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
+3,86%
53,80 €
ATH 74,00 €
+3,52% +6,26% +25,12% +28,40% +727,69%

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