Record sales and EBITA achieved
Global SME sector trusts NTT DATA Business Solutions (FOTO)
Bielefeld (ots) - Bielefeld-based SAP consultancy marks a milestone in its
history as result (EBITA) exceeds EUR 100 million for the first time
- Sales revenues rise by 13.3 percent to a record high of EUR 1.61 billion in
the 2023/24 fiscal year
- Strong growth driver: cloud subscription (+42.7%)
- Adjusted EBITA increases by 19.7 percent from EUR 99.2 million to EUR 118.8
million; adjusted EBITA margin at 7.4 percent
- EBITA increases by 4.2 percent to EUR 103.4 million
- Number of employees has more than doubled since 2017
- Very optimistic outlook for the 2024/25 fiscal year: Sales increase of up to 6
percent on a comparable basis expected
NTT DATA Business Solutions AG achieved the best result in the company's history
in the 2023/24 fiscal year. The leading international SAP partner for the SME
sector benefited primarily from the high level of trust of its more than 6,000
active customers, who commission the company to deliver end-to-end digital
transformation processes. NTT DATA Business Solutions boosted sales by 13.3
percent to reach a new record high of EUR 1.61 billion as at March 31, 2024.
Since 2017, the first full year under CEO Norbert Rotter's leadership, the
company has recorded significant growth eight times in a row and has nearly
doubled its sales.
history as result (EBITA) exceeds EUR 100 million for the first time
- Sales revenues rise by 13.3 percent to a record high of EUR 1.61 billion in
the 2023/24 fiscal year
- Strong growth driver: cloud subscription (+42.7%)
- Adjusted EBITA increases by 19.7 percent from EUR 99.2 million to EUR 118.8
million; adjusted EBITA margin at 7.4 percent
- EBITA increases by 4.2 percent to EUR 103.4 million
- Number of employees has more than doubled since 2017
- Very optimistic outlook for the 2024/25 fiscal year: Sales increase of up to 6
percent on a comparable basis expected
NTT DATA Business Solutions AG achieved the best result in the company's history
in the 2023/24 fiscal year. The leading international SAP partner for the SME
sector benefited primarily from the high level of trust of its more than 6,000
active customers, who commission the company to deliver end-to-end digital
transformation processes. NTT DATA Business Solutions boosted sales by 13.3
percent to reach a new record high of EUR 1.61 billion as at March 31, 2024.
Since 2017, the first full year under CEO Norbert Rotter's leadership, the
company has recorded significant growth eight times in a row and has nearly
doubled its sales.
"I'm delighted that, in our 35th anniversary year, we were able to build
seamlessly on the excellent results of the previous fiscal year," said Norbert
Rotter, CEO of NTT DATA Business Solutions AG and EVP of NTT DATA, Inc. "Under
the umbrella of Japan-based NTT DATA Group, we are continuing to develop
successfully into a globally recognized IT service provider. Our customers value
our extensive SAP expertise and our complementary offering of ServiceNow or
Microsoft. As a leading global SAP partner for the SME sector, we are the right
choice when it comes to transforming companies into Intelligent Enterprises."
The current figures also reflect this: In the previous fiscal year, NTT DATA
Business Solutions was more successful than ever before, especially in
international business. As part of ongoing internationalization, foreign sales
as a proportion of total sales increased further from just over 50 percent in
2017 to 57.6 percent in the current reporting period, moving closer towards the
60 percent mark. Sales grew particularly strongly in Western Europe (+18.4% to
EUR 227.9 million) and in Northern and Eastern Europe (+23.9% to EUR 316.3
million). In its home market of Germany/Austria/Switzerland, NTT DATA Business
Solutions likewise saw a double-digit increase of just over 10 percent to EUR
684.3 million. The company also recorded growth in the Americas (+9.6% to EUR
seamlessly on the excellent results of the previous fiscal year," said Norbert
Rotter, CEO of NTT DATA Business Solutions AG and EVP of NTT DATA, Inc. "Under
the umbrella of Japan-based NTT DATA Group, we are continuing to develop
successfully into a globally recognized IT service provider. Our customers value
our extensive SAP expertise and our complementary offering of ServiceNow or
Microsoft. As a leading global SAP partner for the SME sector, we are the right
choice when it comes to transforming companies into Intelligent Enterprises."
The current figures also reflect this: In the previous fiscal year, NTT DATA
Business Solutions was more successful than ever before, especially in
international business. As part of ongoing internationalization, foreign sales
as a proportion of total sales increased further from just over 50 percent in
2017 to 57.6 percent in the current reporting period, moving closer towards the
60 percent mark. Sales grew particularly strongly in Western Europe (+18.4% to
EUR 227.9 million) and in Northern and Eastern Europe (+23.9% to EUR 316.3
million). In its home market of Germany/Austria/Switzerland, NTT DATA Business
Solutions likewise saw a double-digit increase of just over 10 percent to EUR
684.3 million. The company also recorded growth in the Americas (+9.6% to EUR