SNP significantly exceeds increased guidance for fiscal year 2024 – the best ever in company history
Heidelberg, Germany, January 22, 2025 – SNP Schneider-Neureither & Partner SE, a leading global provider of software for digital transformation, automated data migration and data management in the SAP environment, recorded significant growth in 2024 according to preliminary business figures. Due to a very strong Q4 2024, order entry rose by 16% to around €310 million in fiscal year 2024. Revenues increased by 25% to around €254 million (2023: €203.4 million) in the same period, thus exceeding the forecast of €240 to 250 million that had been raised twice in the past 12 months. EBIT also improved significantly by 150% to around €28 million in fiscal year 2024 (2023: €11.1 million). This put EBIT well above the raised forecast range of €21 to 25 million. Accordingly, the EBIT margin doubled to around 11% (2023: 5.5%).
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Marcel Wiskow
Director Investor Relations
Phone: +49 6221 6425-637
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- Order entry increased by 16% to around €310 million (2023: €266.1 million)
- Group revenue grew by 25% to approximately €254 million (2023: €203.4 million)
- EBIT rose by 150% to around €28 million (2023: €11.1 million); EBIT margin climbed to around 11% (2023: 5.5%)
“After a record first half of the year and the best third quarter ever, we continued our winning streak with the strongest fourth quarter and fiscal year in company history” says Jens Amail, CEO of SNP. “We feel humbled by the continued trust of our customers and partners that led to these exceptional results. The entire SNP team executed flawlessly in all strategic growth areas: winning together with our partners, doubling our order entry in strategic markets, supporting SAP landscape modernizations to S/4HANA and RISE based on a trustful relationship with SAP. With additional growth potential from our industry- and partner-agnostic software platform SNP Kyano kicking in, we remain steadfast in our optimistic outlook into the future.”
Andreas Röderer, CFO of SNP, comments: “The growth went hand in hand with further operational process improvements and together delivered our EBIT margin expansion in 2024. The strong increase in our partner and software business builds a very sound basis for profitable growth in 2025 and beyond.”
The information contained in this announcement is based on preliminary and unaudited consolidated figures. The complete 2024 annual report will be published on March 27, 2025.
About SNP
SNP (Ticker: SHF.DE) ist mit seiner weltweit führenden Technologieplattform Kyano® ein zuverlässiger Partner für Unternehmen, die bei Transformationsvorhaben und für mehr Geschäftsagilität auf wegweisende datengestützte Funktionalitäten setzen. Kyano integriert alle technischen Möglichkeiten und Partnerfunktionalitäten für eine softwarebasierte und ganzheitliche Datenmigration und das Datenmanagement. In Kombination mit dem Bluefield®-Ansatz setzt Kyano einen weltweiten Industriestandard für die schnelle und sichere Reorganisation und Modernisierung von Unternehmensdaten unter Nutzung KI-gestützter Innovationen auf Basis von über 30 Jahren Erfahrung.
Weltweit vertrauen über 3.000 Kunden aller Branchen und Größen auf SNP, unter ihnen 20 der DAX 40 und über 100 der Fortune 500 Unternehmen. Die SNP-Gruppe beschäftigt weltweit mehr als 1.600 Mitarbeitende an 34 Standorten in 22 Ländern. Das Unternehmen mit Stammsitz in Heidelberg erzielte im Geschäftsjahr 2025 einen Umsatz von rund 297 Mio. Euro.
More information is available at www.snpgroup.com
Your contact
Marcel Wiskow
Director Investor Relations
Phone: +49 6221 6425-637
