SNP: Strong customer and partner confidence leads to improved growth outlook for the full year 2023

Heidelberg, December 11, 2023 - SNP Schneider-Neureither & Partner SE, a leading provider of software solutions for digital transformations, automated data migrations, and data management in the SAP ecosystem, is again raising its outlook for the full year 2023 due to the positive business development and the ongoing market momentum:

12.11.2023  |  2min

Contacto

Contact-Person-germany-Marcel-Wiskow.png

Marcel Wiskow

Director Investor Relations

Temas

  • Press release
announcement_speech_1080x720.png
  • Order entry is expected to reach € 230 million to € 250 million (previous order entry forecast: € 220 million to € 240 million);

  • Revenue is expected to reach € 200 million to € 205 million (previous revenue forecast: around the upper end of the range between € 190 million and € 200 million);

  • Despite the increased revenue outlook, EBIT is still expected to reach the upper end of the range of € 5 million to € 10 million or even be slightly higher; this is due to significantly negative exchange rate effects in the quarter to date, with the corresponding negative impact on earnings.

 

CEO Jens Amail of SNP Schneider-Neureither & Partner SE comments the development of the company: "We are very pleased with the progress we have made. Despite strong negative exchange rate effects, we will significantly improve our operational results compared to the previous year and accordingly fulfil our forecast. We are capitalizing on positive market momentum, driven in particular by migrations to SAP S4/HANA and RISE. The positive response from customers and partners to our CrystalBridge software and Bluefield Methodology globally is a testament to our leadership in the market for complex selective data migrations.”

Sobre SNP

SNP (ticker: SHF.DE) ayuda a empresas de todo el mundo a aprovechar todo el potencial de sus datos y a dar forma a su propio viaje hacia un futuro digital. Con CrystalBridge® Data Excellence Platform y el enfoque BLUEFIELD™, SNP ha creado un estándar global de la industria para reestructurar y modernizar los sistemas SAP de forma más rápida y segura, y para llevar a cabo innovaciones basadas en datos en la nube.
La empresa trabaja con unos 2.600 clientes de todos los tamaños y sectores en todo el mundo, entre ellos 21 del DAX40 y 95 de la lista Fortune 500. El Grupo SNP emplea a unas 1.400 personas en todo el mundo, en más de 40 ubicaciones repartidas por 15 países. La empresa tiene su sede en Heidelberg, Alemania, y generó ingresos de 173,4 millones de euros en el año fiscal 2022.

Más información en: www.snpgroup.com

Contacto

Contact-Person-germany-Marcel-Wiskow.png

Marcel Wiskow

Director Investor Relations

Temas

  • Press release