30.03.2020 SNP Schneider-Neureither & Partner SE  DE0007203705

DGAP-News: SNP SE Confirms Preliminary Figures for 2019


 

DGAP-News: SNP Schneider-Neureither & Partner SE / Key word(s): Annual Results
SNP SE Confirms Preliminary Figures for 2019

30.03.2020 / 08:00
The issuer is solely responsible for the content of this announcement.


SNP SE Confirms Preliminary Figures for 2019

- Group revenue in 2019 increased by 11% to € 145.2 million

- At approximately 5%, EBIT margin considerably higher than in previous year (2018: -1.9%)

- Successful start of the year: Order entry in Q1 2020 currently up by approx. 30% compared with the same period in the previous year

- Order backlog in the amount of € 92.7 million provides solid foundation for further growth

- Forecast for 2020 remains unchanged but with increased planning uncertainty

Heidelberg, Germany, March 30, 2020 - SNP Schneider-Neureither & Partner SE (ISIN: DE0007203705), a global leader in transformation software and services, today published its audited annual financial statements for the 2019 fiscal year and confirmed the preliminary figures published at the end of January 2020. Revenue increased by 11% to € 145.2 million (previous year: € 131.0 million). At the same time, operating earnings (EBIT) increased to € 7.0 million from € -2.5 million the previous year. This corresponds to an EBIT margin of 4.8% (previous year: -1.9%). In the same period, earnings before tax (EBT) improved to € 5.6 million (previous year: € -3.6 million).

"We look back at a successful 2019 fiscal year during which we increased our revenue again and considerably expanded our margins. We generally continue to see possibilities for positive development, also for the current year - though the consequences of the COVID-19 pandemic are very difficult to assess at this time," says Dr. Andreas Schneider-Neureither, CEO of SNP SE. "The long-term drivers of our growth remain intact. We currently see no immediate impact on our business, and order entry has likewise developed positively in the first quarter of 2020. Not least, it can be assumed that after the acute phase of the crisis has ended, the digitalization of entire business models and correspondingly broad global transformations will have an even greater priority than before."

The Software business segment in particular contributed to the growth of the past fiscal year: Revenue increased by 59.7% to € 47.6 million, up from € 29.8 million the previous year. This corresponds to a share of Group revenue of 32.8% (previous year: 24.8%). In the Services business segment, revenue declined by 3.5% in 2019 to around € 97.6 million mainly due to negative currency effects (previous year: € 101.2 million). In addition, a lower order backlog from the beginning of the year burdened the development.

In the past fiscal year, the company's growth was accompanied by a markedly higher order entry amounting to € 201.3 million, which represents an increase of 52% on the previous year's figure of € 132.3 million. SNP registered positive performance in both its Software and Service business segments; while the order entry figure in the Service business segment rose by around 26% over the previous year, the order entry volume in the Software business segment went up by more than 125%.

The order backlog of € 92.7 million as of December 31, 2019 (previous year: € 56.3) is also 65% above the previous year's level, and therefore represents a good starting point for future growth. The company is also well-positioned when it comes to capital: As per the successful business development in 2019, equity increased to € 70.6 million. The equity ratio was therefore 40.6% as of December 31, 2019.

Subject to the possible impact of the COVID-19 pandemic, the management of SNP continues to assume Group revenue of between € 175 and 185 million for the current fiscal year. Thanks to the steadily increasing share of the high-margin Software business segment, the Group EBIT margin should increase to between 6.5% and 8.5%.

The 2019 Annual Report, published today, can be downloaded from the SNP website at http://www.snpgroup.com/en/financial-publications

About SNP

SNP is a world-leading provider of software for managing complex digital transformation processes. Instead of traditional IT consulting in the ERP environment, SNP offers an automated approach using specially developed software: The Data Transformation Platform CrystalBridge(R) and the SNP BLUEFIELD(TM) approach allow customers to restructure and modernize their IT landscapes much more quickly and reliably as well as migrate to new systems or cloud environments more securely. This gives customers clear qualitative advantages while at the same time reducing their time and costs.

The SNP Group has around 1,400 employees worldwide. The company is headquartered in Heidelberg, Germany, and generated revenues of around EUR 145 million in the 2019 fiscal year. It serves multinational companies in all industries. SNP was established in 1994, went public in 2000, has been listed in the Prime Standard segment of the Frankfurt Stock Exchange since August 2014 (ISIN DE0007203705) and was included in the SDAX in March 2020. Since 2017, the company has been trading as a European company (Societas Europaea/SE).

More information is available at www.snpgroup.com

Contact Investor Relations:

Christoph Marx
Head of Investor Relations
Telephone: +49 6221 6425-172

Marcel Wiskow
Director Investor Relations
Telephone: +49 6221 6425-637

E-Mail: investor.relations@snpgroup.com



30.03.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: SNP Schneider-Neureither & Partner SE
Dossenheimer Landstraße 100
69121 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: 1009885

 
End of News DGAP News Service

1009885  30.03.2020 

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Die wichtigsten Finanzdaten auf einen Blick
  2013 2014 2015 2016 2017 2018 2019 2020e
Umsatzerlöse1 23,54 30,48 56,24 80,69 122,34 130,98 145,19 161,00
EBITDA1,2 -1,97 2,37 5,84 6,86 3,27 2,30 15,14 16,50
EBITDA-Marge3 -8,37 7,78 10,38 8,50 2,67 1,76 10,43 10,25
EBIT1,4 -2,71 1,44 4,58 5,73 -0,51 -2,55 7,00 8,40
EBIT-Marge5 -11,51 4,72 8,14 7,10 -0,42 -1,95 4,82 5,22
Jahresüberschuss1 -2,32 1,03 2,55 4,21 -2,67 -1,62 2,26 4,90
Netto-Marge6 -9,86 3,38 4,53 5,22 -2,18 -1,24 1,56 3,04
Cashflow1,7 -3,18 1,41 1,16 0,65 -7,48 3,33 -5,09 3,90
Ergebnis je Aktie8 -0,65 0,27 0,69 0,95 -0,47 -0,26 0,35 0,75
Dividende8 0,06 0,10 0,26 0,34 0,00 0,00 0,00 0,20
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2019 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Rödl & Partner

INVESTOR-INFORMATIONEN
©boersengefluester.de
SNP Schneider-Neureither
WKN Kurs in € Einschätzung Börsenwert in Mio. €
720370 47,100 Kaufen 339,71
KGV 2021e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
29,44 35,63 0,804 129,75
KBV KCV KUV EV/EBITDA
5,26 - 2,34 25,460
Dividende '19 in € Dividende '20e in € Div.-Rendite '19e
in %
Hauptversammlung
0,00 0,20 0,00 30.06.2020
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
30.04.2020 07.08.2020 30.10.2020 30.03.2020
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-14,48% -8,47% -4,85% 32,86%
    
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Software , 720370 , SHF , XETR:SHF