DGAP-News

PSI with a 77% Increase in EBIT and Record New Orders in 1st Quarter

DGAP-News: PSI Software AG / Key word(s): Quarter Results PSI with a 77% Increase in EBIT and Record New Orders in 1st Quarter 28.04.2021 / 08:46 The issuer is solely responsible for the content of this announcement. PSI with a 77% Increase in EBIT and Record New Orders in 1st Quarter - New orders, with 105 million euros, for the first time over one-hundred million - Sales increase of 10% to 56.1 million euros - EBIT leaps by 77% to 4.4 million euros

KPI (KEUR)	1 Jan. - 31 March 2021	1 Jan. - 31 March 2020	Change
Sales	56,138	50,888	+10.3%
EBIT	4,351	2,459	+76.9%
Group net result	3,139	1,512	+107.6%
Earnings per share (EUR)	0.20	0.10	+100.0%

 

Berlin, 28 April 2021 - The PSI Group increased new orders by 9.4% to 105 million euros in the first quarter (31 March 2020: 96 million euros) and therefore booked more than one-hundred million euros in new orders in one quarter for the first time. The volume of orders on 31 March 2021 was, with 197 million euros, 5.4% over the figure of the previous year (31 March 2020: 187 million euros). Group sales improved by 10.3% to 56.1 million euros (31 March 2020: 50.9 million euros), with Production Management being primarily responsible for the growth after having been particularly hard hit by the Covid 19 pandemic last year. The EBIT leapt by 77% to 4.35 million euros (31 March 2020: 2.46 million euros), the group net result more than doubled to 3.1 million euros (31 March 2020: 1.5 million euros).