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CENIT Group with a strong annual result 2023: Sales increase by about 14% to EUR 185 million and EBIT growth by 46% to EUR 9.2 million compared to the previous year - Seite 2

Employees
On December 31, 2023, CENIT group employed 893 (2022: 861). Consolidated personnel expenditures during the reporting period were EUR k 78,588 (2022: EUR k 67,266). CENIT currently provides training for 52 young professionals in a variety of occupations. Trainees include informatics and economics students from the Dual University of Baden-Württemberg (DHBW) and vocational trainees in the field of information technology.

Dividend
At the Annual General Meeting on June 6^th, 2024, the Management and Supervisory Boards will propose to distribute a dividend of EUR 0.04 per share from CENIT AG's unappropriated profit of EUR k 7,015. The background to this is the upcoming financing of further acquisitions, which, in view of the current interest rate trend, is to be carried out as far as possible from existing liquidity in the interests of shareholders.

Outlook
In the 2024 financial year, the CENIT Group expects a further year of growth and efficiency. Before possible acquisition effects, consolidated sales are expected to be between 195.0 and 202.0 mEUR. The EBIT forecast is between 11.7 and 12.2 mEUR, which corresponds to an EBIT margin forecast of at least 6%. In view of the geopolitical situation, the forecast assumes that the ongoing war between Russia and Ukraine and the conflict in the Middle East will not have any significant negative economic impact on our industry and our main customer segments.

The complete 2023 Annual Report is available in a German and English version on the CENIT homepage: www.cenit.com/reports.

 

 

About CENIT:
CENIT is your partner for successful digital transformation. With a broad solutions and services portfolio, CENIT enables clients to optimize their horizontal and vertical business processes. Our solutions are based on innovative technologies in: product lifecycle management, the digital factory and enterprise information management. With interdisciplinary knowledge of the processes involved and their considerable expertise in the field, CENIT consultants provide customers with end-to-end advice to ensure that solutions are implemented with an understanding of the entire value chain. With a holistic approach and based on trusted partnerships, CENIT takes responsibility for solutions on behalf of our clients. From the initial consultation to the introduction of innovative IT solutions, right through to ensuring a cost-effective operation. The CENIT team adapts to each client, taking a practical approach, which enables measurable, operational optimizations. CENIT has been helping prestigious customers in key industries to gain competitive advantages for over 35 years! CENIT has around 900 employees worldwide who work with customers from: automotive, aerospace, industrial equipment, tool and mold manufacturing, financial services, and trade and consumer products industries.