28.05.2021 adesso SE  DE000A0Z23Q5

DGAP-Adhoc: adesso SE acquires majority stake in KIWI Consulting EDV-Beratung GmbH / Bundling and strengthening of competencies in the field of banks and public clients


DGAP-Ad-hoc: adesso SE / Key word(s): Takeover/Contract
adesso SE acquires majority stake in KIWI Consulting EDV-Beratung GmbH / Bundling and strengthening of competencies in the field of banks and public clients

28-May-2021 / 13:02 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

adesso SE acquires majority stake in KIWI Consulting EDV-Beratung GmbH / Bundling and strengthening of competencies in the field of banks and public clients

adesso SE has concluded an agreement with the shareholders of KIWI Consulting EDV-Beratung GmbH (KIWI Consulting) to acquire 70 % of the shares. The debt-free, growing and profitable company from Walldorf achieved a turnover of over EUR 27 million and an EBIT of around EUR 3.4 million in 2020. Like adesso, KIWI Consulting offers customised IT consulting and software development, with an industry focus on banks, public-sector clients and mortgage lenders. In particular, KIWI Consulting holds large-volume framework contracts with the Deutsche Bundesbank in the area of individual payment transactions and securities processing of the Eurosystem. So far, the projects have mainly been staffed with external specialists. adesso is well positioned in the core sectors of banking and public administration with numerous in-house consultants and sees opportunities for the further expansion of these adesso core industries through the cooperation within the adesso Group. Synergy potentials arise from the bundling of finance expertise also in the area of public clients, in the staffing of framework agreements already won as well as from the mutual development of customer groups that overlap only slightly.

As part of the acquisition, adesso SE will initially acquire a majority stake of 70% for a purchase price of up to EUR 16 million, depending on the company's targets achievement in the current financial year. The acquisition is subject to approval by the German Federal Cartel Office. The two managing partners will retain a minority stake and will continue to develop the operational KIWI Consulting business within the adesso Group in the future. adesso also plans to acquire the remaining shares by 2024. A combined call/put option was agreed with the sellers for this purpose. Depending on the future development of earnings, up to EUR 10 million will then be due as a further purchase price component.

Explanations of the key figures used are published on the company's website at https://www.adesso-group.de/en/apm.jsp

Martin Möllmann
Manager Investor Relations
Tel.: +49 231 7000-7000
E-Mail: [email protected]

28-May-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language: English
Company: adesso SE
Adessoplatz 1
44269 Dortmund
Phone: +49 231 7000-7000
Fax: +49 231 7000-1000
E-mail: [email protected]
Internet: www.adesso-group.de
ISIN: DE000A0Z23Q5
Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange; London
EQS News ID: 1202022

End of Announcement DGAP News Service

1202022  28-May-2021 CET/CEST


Die wichtigsten Finanzdaten auf einen Blick
  2015 2016 2017 2018 2019 2020 2021e
Umsatzerlöse1 196,45 260,41 321,59 375,47 449,70 523,38 607,00
EBITDA1,2 14,28 23,06 25,38 31,08 48,13 60,41 90,50
EBITDA-Marge3 7,27 8,86 7,89 8,28 10,70 11,54 14,91
EBIT1,4 9,41 16,71 17,19 21,98 25,54 34,23 60,00
EBIT-Marge5 4,79 6,42 5,35 5,85 5,68 6,54 9,89
Jahresüberschuss1 5,31 12,70 11,33 13,34 17,49 20,95 37,00
Netto-Marge6 2,70 4,88 3,52 3,55 3,89 4,00 6,10
Cashflow1,7 16,88 17,00 20,27 16,59 22,34 64,96 55,00
Ergebnis je Aktie8 0,82 2,14 1,79 2,30 2,82 3,39 6,20
Dividende8 0,30 0,36 0,40 0,45 0,47 0,52 0,57
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2020 - 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: Ernst & Young

WKN Kurs in € Einschätzung Börsenwert in Mio. €
A0Z23Q 155,000 Kaufen 960,01
KGV 2022e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
31,00 24,37 1,27 80,94
9,63 14,78 1,83 16,19
Dividende '19 in € Dividende '20e in € Div.-Rendite '20e
in %
0,47 0,52 0,34 27.05.2021
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
12.05.2021 30.08.2021 15.11.2021 31.03.2021
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
13,58% 38,02% 59,79% 172,89%
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IT-Services , A0Z23Q , ADN1 , XETR:ADN1