EQS-News: KPS publishes results for the first six months of the 2023/2024 financial year
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EQS-News: KPS AG
/ Key word(s): Half Year Results
KPS publishes results for the first six months of the 2023/2024 financial year
Unterföhring/Munich, 06 May 2024 - KPS AG (WKN: A1A6V4 / ISIN: DE000A1A6V48), Europe's leading management consultancy for digital transformation and process optimisation in retail, has published its results for the first six months of the 2023/2024 financial year. In the first six months of the 2023/2024 financial year, KPS generated revenues of EUR 75.9 million (previous year: EUR 94.7 million). This corresponds to a 19.8% decline in revenue compared to the same period last year. On the one hand, there was a slow recovery in demand. As some existing projects entered the maturity phase at the same time, the growth from new projects was not sufficient to compensate for the decline in existing business. Several negative factors lead to significant decline in earnings KPS reacted to the weak revenue trend in the first half of the year and took countermeasures. Capacities were adjusted to reflect current project demand. A significant part of the adjustment was achieved through staff turnover, but restructuring measures had to be introduced in some areas, which led to extraordinary expenses totalling EUR 0.7 million. The results for the first half of 2023/2024 were also negatively impacted by impairments totalling EUR 4.2 million as a result of the insolvency of the KaDeWe Group and The Body Shop. Overall, unadjusted EBITDA fell by 122.1% to EUR -1.7 million in the first half of 2023/2024 (previous year: EUR 7.6 million) due to the aforementioned reasons. Excluding the two special effects mentioned above, adjusted EBITDA was positive at EUR 3.2 million. Confirmation of the forecast for the 2023/2024 financial year In the first six months of the 2023/2024 financial year, some of the sales were generated with projects that are in the final or mature phase. This had a negative impact on revenue development, as sales typically decline in the maturity phase of a project. Demand for new projects has increased and new customers have been acquired. KPS therefore anticipates revenue growth in the second half of the year. KPS confirms the forecast published on 7 March 2024 and assumes that revenue will be in the range of EUR 164 million to EUR 167 million compared to the financial year 2022/2023 (EUR 177.8 million). The Executive Board expects EBITDA to be between EUR 11.5 million and EUR 13.0 million. 06 May 2024 KPS successfully guides companies on their paths to digitalisation, from strategy to customer interaction to the operational core business. As a leading transformation partner for the retail industry, KPS is the first choice for companies that rely on a state-of-the-art customer experience platform architecture. The industry-specific KPS Instant Platforms unify all processes in a single business platform – end-to-end from customer interaction to operations to finance, implemented with best-in-class technology components in a future-proof high-performance design and flexible infrastructure. They are modular, scalable, and greatly increase the speed of process-driven transformation programmes. With ready-to-use products and innovative solutions, market-leading technologies and a strong partner network, we create sustainable added value for our customers. Platformise your transformation. www.kps.com
06.05.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
| Language: | English |
| Company: | KPS AG |
| Beta-Str. 10 h | |
| 85774 Unterföhring | |
| Germany | |
| Phone: | +49 (0)89 356 31-0 |
| Fax: | +49 (0)89 356 31-3300 |
| E-mail: | ulrike.schaefer@kps.com |
| Internet: | www.kps.com |
| ISIN: | DE000A1A6V48 |
| WKN: | A1A6V4 |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1895669 |
| End of News | EQS News Service |
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1895669 06.05.2024 CET/CEST
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 | 172,22 | 180,66 | 166,45 | 157,98 | 179,53 | 177,77 | 146,00 | |
| EBITDA1,2 | 20,02 | 22,55 | 22,68 | 21,65 | 21,65 | 7,81 | 5,50 | |
| EBITDA-Margin3 | 11,63 | 12,48 | 13,63 | 13,70 | 12,06 | 4,39 | 3,77 | |
| EBIT1,4 | 16,59 | 18,80 | 14,11 | 13,41 | 14,31 | 0,03 | -5,40 | |
| EBIT-Margin5 | 9,63 | 10,41 | 8,48 | 8,49 | 7,97 | 0,02 | -3,70 | |
| Net Profit (Loss)1 | 9,83 | 12,19 | 8,14 | 8,73 | 9,55 | -1,25 | -7,00 | |
| Net-Margin6 | 5,71 | 6,75 | 4,89 | 5,53 | 5,32 | -0,70 | -4,80 | |
| Cashflow1,7 | 17,85 | 23,98 | 22,04 | 17,38 | 15,46 | 9,25 | 0,00 | |
| Earnings per share8 | 0,26 | 0,33 | 0,22 | 0,23 | 0,26 | -0,03 | -0,17 | |
| Dividend per share8 | 0,35 | 0,17 | 0,17 | 0,19 | 0,10 | 0,00 | 0,00 | |
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: Baker Tilly
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 | ||||||
| KPS | ||||||
| WKN | ISIN | Legal Type | Marketcap | IPO | Recommendation | Plus Code |
| A1A6V4 | DE000A1A6V48 | AG | 32,92 Mio € | 14.07.1999 | Halten | 8FWH5MQ3+9V |
| PE 2025e | PE 10Y-Ø | BGFL-Ratio | Shiller-PE | PB | PCF | KUV |
| 10,00 | 20,91 | 0,48 | 3,01 | 0,47 | 3,56 | 0,19 |
|
Dividend '2022 in € |
Dividend '2023 in € |
Dividend '2024e in € |
Div.-Yield '2024e in % |
| 0,10 | 0,00 | 0,00 | 0,00% |
| Annual General Meeting | Q1-figures | Q2-figures | Q3-figures | Annual press conference |
| 30.05.2025 | 13.02.2025 | 08.05.2025 | 25.07.2024 | 31.01.2025 |
| Distance 60-days-line | Distance 200-days-line | Performance YtD | Performance 52 weeks | IPO |
| -1,48% | -16,14% | -43,46% | -45,95% | +0,00% |
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