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DGAP-News SNP SE confirms preliminary figures for the first quarter 2021

Nachrichtenquelle: EQS Group AG
29.04.2021, 07:44  |  132   |   |   

DGAP-News: SNP Schneider-Neureither & Partner SE / Key word(s): Quarterly / Interim Statement
SNP SE confirms preliminary figures for the first quarter 2021

29.04.2021 / 07:44
The issuer is solely responsible for the content of this announcement.


SNP SE confirms preliminary figures for the first quarter 2021

- Group revenue decreases to € 33.1 million in Q1 2021 (-3.8% compared to Q1 2020)
- Segments with different development: Software +7.5%, Service -7.9
- EBIT improves to € -2.7 million (Q1 2020: € -3.9 million)
- Order entry rises by around 10% to €52.5 million
- Order backlog increases by more than a quarter
- Outlook for fiscal year 2021 confirmed

Heidelberg, 29 April 2021 - SNP Schneider-Neureither & Partner SE (ISIN: DE0007203705), a world-leading provider of solutions for digital transformation processes and software-based data migrations, today published its report for the first quarter of 2021, confirming the preliminary figures. According to this, consolidated revenue fell by 3.8% to € 33.1 million compared with the same quarter of the previous year (Q1 2020: € 34.4 million), which was not yet affected by the consequences of the COVID 19 pandemic. The individual segments developed very differently: While revenue in the Software segment increased by 7.5% to € 9.8 million (Q1 2020: € 9.1 million) due to the continuing good demand, the restraint in some industries were felt in the Service segment, especially at the beginning of the year. Here, revenue fell by 7.9% to € 23.3 million (Q1 2020: € 25.3 million). The operating result (EBIT) improved by around a third to € -2.7 million in the same period (Q1 2020: € -3.9 million). This is mainly due to a more efficient cost structure. In addition, the acquisition of EXA AG in February 2021 had a positive effect. Accordingly, the net result for the period also improved to € -2.5 million in the traditionally weaker first quarter, compared to € -3.4 million in the same period of the previous year.

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DGAP-News SNP SE confirms preliminary figures for the first quarter 2021 DGAP-News: SNP Schneider-Neureither & Partner SE / Key word(s): Quarterly / Interim Statement SNP SE confirms preliminary figures for the first quarter 2021 29.04.2021 / 07:44 The issuer is solely responsible for the content of this announcement. …

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