DGAP-News

SNP Gets Off to a Good Start in the 2022 Fiscal Year

DGAP-News: SNP Schneider-Neureither & Partner SE / Key word(s): Quarterly / Interim Statement SNP Gets Off to a Good Start in the 2022 Fiscal Year 28.04.2022 / 07:05 The issuer is solely responsible for the content of this announcement. Corporate News

SNP Gets Off to a Good Start in the 2022 Fiscal Year

- Order entry via partners up more than 50%; like-for-like* order entry volume of € 44.1 million (-3% relative to Q1 2021)

- Group revenue increases to € 41.0 million in Q1 2022 (+24% relative to Q1 2021)

- Revenue growth in all business segments: Software (+25%), Services (+19%) and EXA (+116%)

- "ELEVATE" strategic program beginning to pay off

- Significant increase in software license revenue to € 7.5 million (+44% relative to Q1 2021)

- Positive operating earnings (EBIT) of € 1.1 million (Q1 2021: € -2.7 million)

- Outlook for 2022 as a whole confirmed

Heidelberg, April 28, 2022 - SNP Schneider-Neureither & Partner SE (ISIN: DE0007203705), a leading global provider of solutions for digital transformation processes and software-based data migrations, has today presented its interim report for the first quarter of 2022. SNP has achieved significant revenue and earnings growth year-over-year. Group revenue is 24% higher than in the same quarter in the previous year and amounts to € 41.0 million (Q1 2021: € 33.1 million). In like-for-like terms* revenue rose by 23% in the first quarter of 2022. At the same time, the EBIT volume has increased to € 1.1 million (Q1 2021: € -2.7 million). SNP thus achieved an EBIT margin of 2.7% in its traditionally weaker first quarter. The strong volume of business with SNP's own software licenses and a high level of utilization in its Services business segment played a particularly significant role in the improvement in earnings.