EQS-Adhoc

Allgeier SE: Transformation to higher gross margins characterizes the first quarter of 2024 - Seite 2

Outlook

Allgeier SE is expecting a development for the full year 2024 that is in line with the guidance published for 2024.

Notes

A voluntary interim information of Allgeier SE for the first quarter of 2024 will be published on May 15, 2024 and can then be viewed at www.allgeier.com.

Figures in the income statement for the previous year relate to the Group's continuing operations.

Figures for periods after March 31, 2024 represent expectations of the Management Board based on assumptions and estimates. Actual future developments and actual future results may deviate from these assumptions and estimates. Allgeier SE provides no guarantee and assumes no liability that future developments and the actual results achieved in the future will correspond to the assumptions and estimates expressed in this ad hoc announcement.

This document contains supplementary financial key figures - not precisely defined in relevant accounting frameworks - which are or may be so-called alternative performance measures. These supplementary financial measures may be of limited use as an analytical tool and should not be used in isolation or as an alternative to the financial measures presented in the consolidated financial statements and determined in accordance with relevant accounting frameworks in assessing the financial position, financial performance and cash flows of Allgeier SE. Other companies that present or report alternative performance measures with a similar title may calculate them differently and therefore they may not be comparable. For more information on the alternative performance measures used by Allgeier SE, please refer to the Annual Report 2023.

Contact:

Allgeier SE
Corporate Communications & Investor Relations
Dr. Christopher Große
Einsteinstrasse 172
81677 Munich
Tel.: [phone]
Fax: [phone]
E-mail: [e-mail]
Web: www.allgeier.com

Allgeier SE is a technology company for digital transformation. Allgeier Group companies guide their customers in Germany and abroad through the challenges of digital change with comprehensive software and IT services and support the digitalization and transformation of business-critical processes. With more than 2,000 customers, the broad and stable customer base consists of global corporations, high-performance medium-sized companies and public sector clients at all federal levels. The service portfolio ranges from the company's proprietary software products and high-end software development to consulting, conception and long-term support for software applications in the cloud or other environments. In the two Group segments Enterprise IT and mgm technology partners, more than 3,500 employees work at a total of 46 locations worldwide in the DACH region, France, Spain, Portugal, Poland and Czechia as well as in India, Vietnam and the USA. In the 2023 financial year, Allgeier generated revenue of EUR 488 million from continuing operations. According to the Lünendonk List 2023, Allgeier is one of the leading IT service companies in Germany. Allgeier SE is listed on the Regulated Market of the Frankfurt Stock Exchange in the General Standard (WKN A2GS63, ISIN DE000A2GS633). Further information at: www.allgeier.com