07.08.2020 SNP Schneider-Neureither & Partner SE  DE0007203705

DGAP-News: SNP SE Confirms Provisional Figures for the Second Quarter of 2020 and its Forecast for the Total Year


 

DGAP-News: SNP Schneider-Neureither & Partner SE / Key word(s): Half Year Results/Quarterly / Interim Statement
SNP SE Confirms Provisional Figures for the Second Quarter of 2020 and its Forecast for the Total Year

07.08.2020 / 07:40
The issuer is solely responsible for the content of this announcement.


SNP | Corporate News

SNP SE Confirms Provisional Figures for the Second Quarter of 2020 and its Forecast for the Total Year

- Group revenue increases by around 17% in the first half of 2020 year-over-year to € 68.7 million

- Revenue in the second quarter of 2020 is 14% higher than in the previous year, despite the COVID-19 pandemic

- Order entry grows by 9% in the first six months of the year to € 92.8 million

- Order backlog reaches € 102.7 million, a 44% increase on the previous year

- Revenue and earnings forecast for 2020 confirmed

Heidelberg, Germany, August 7, 2020 - SNP Schneider-Neureither & Partner SE (ISIN: DE0007203705), a global leader in software for digital transformation processes, today published its report for the first half of 2020 in which it confirms the provisional figures which it had presented in mid-July 2020. Specifically, Group revenue increased by 16.6% in the first six months of the current fiscal year to € 68.7 million (H1 2019: € 58.9 million). In the second quarter of 2020, despite the impact of the coronavirus crisis revenue nonetheless registered a double-digit, 13.8% increase to € 34.3 million (Q2 2019: € 30.1 million) and was thus at the same level as in the first quarter of the year. In particular, this positive trend is attributable to the Software business segment, which achieved disproportionately strong growth in the first half of 2020, with a 28.8% increase in revenue to € 19.0 million (H1 2019: € 14.8 million). At the same time, in its Services business segment SNP registered turnover growth of 12.5% and reached a level of € 49.7 million (H1 2019: € 44.1 million). Accordingly, operating earnings (EBIT) improved to € -4.9 million, compared to € -5.9 million in the same period in the previous year. Earnings before tax (EBT) were at € -5.6 million likewise higher than in the previous year (H1 2019: € -6.4 million).

"We are delighted that, despite the significant impact of the COVID-19 pandemic on the world economy, we are able to report a strong half-year result, with an improvement in all of our key figures. Our capacity to implement projects from more or less anywhere has proven to be a key advantage," says Dr. Andreas Schneider-Neureither, CEO of SNP SE. "The digitalization of companies and entire industries is progressing with a strong level of momentum in the current environment. Software will provide a key contribution to a successful transformation and bring about fundamental changes in the IT consulting market."

With a 9% increase in its order entry volume in the first half of 2020 to € 92.8 million (H1 2019: € 85.1 million), SNP is strongly positioned for the future. Its Software business segment has once again registered the strongest growth rates. It has picked up by 19.7% and is now contributing 31% of the order entry figure (H1 2019: 29%). Order entry in the Services business segment increased by 5.1% to € 63.7 million (H1 2019: € 60.6 million).

The order backlog amounted to € 102.7 million as of June 30, 2020, compared to € 71.2 million as of June 30, 2019. This represents an increase of approximately 44%.

SNP SE confirms the outlook for the 2020 fiscal year that was published on April 29, 2020. Management continues to expect Group revenue between € 145 million and € 170 million as well as an EBIT margin in the mid-single-digit percentage range for 2020 as a whole.

The 2020 Half-Year Financial Report, published today, can be downloaded from the SNP website at http://www.snpgroup.com/en/financial-publications

 

About SNP

SNP is one of the world's leading providers of software for the management of complex digital transformation processes. Unlike traditional IT consulting in an ERP environment, SNP employs an automated approach that uses proprietary software. With the data transformation platform CrystalBridge(R) and the SNP BLUEFIELD(TM) approach, IT landscapes can be restructured and modernized much faster and more securely, and data can be securely migrated to new systems or cloud environments. This provides customers and partners with clear qualitative benefits while also reducing their investment of time and expense.

The SNP Group has around 1400 employees worldwide. Headquartered in Heidelberg, the company generated Group revenue of approximately € 145 million in the 2019 fiscal year. SNP's customers are global corporations from all industries. SNP was founded in 1994, has been publicly traded since 2000 and listed on the Prime Standard segment of the Frankfurt Stock Exchange (ISIN DE0007203705) since August 2014, and was admitted to the SDAX(R) in March 2020. Since 2017, the company has operated as a European stock corporation (Societas Europaea/SE).

Further information is available at www.snpgroup.com

Investor Relations Contact:

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

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



07.08.2020 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
Indices: SDAX
Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1112333

 
End of News DGAP News Service

1112333  07.08.2020 

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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