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MarketScreener Homepage  >  Equities  >  Xetra  >  QSC AG    QSC   DE0005137004

QSC AG

(QSC)
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Real-time Quote. Real-time Tradegate - 10/16 03:30:00 pm
1.28 EUR   -2.74%
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QSC AG : - DATEV extends co-location contract with QSC for ten years

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07/23/2019 | 10:09am EDT

Cologne - DATEV has prematurely extended the contract with QSC AG for the provision of colocation services by ten years.

Since 2011, QSC has been providing its own computer center to specialists in software solutions for tax consultants, auditors and lawyers. DATEV controls central applications from the 1,000 square meter data center. Among other things, QSC ensures physical building security, energy supply and cooling of IT systems in 24/7 operation. All critical systems are designed redundantly multiple times. The dark fiber connections to DATEV's own data centers are also provided by QSC.

Absolute reliability is crucial

'With QSC, we have a partner who cares for critical parts of our IT infrastructure with absolute reliability. Since the contract began, the availability of services has been 100 percent. The willingness to innovate and the focus on service are also at a high level at QSC, 'says Edgar Eck, Head of Data Center at DATEV. As they wanted to ensure this service quality and stability for the years to come, DATEV has now decided to extend the contract prematurely.

Rudiger Hofer, Head of Colocation Services at QSC: 'For our client DATEV we provide colocation services of the highest standard. In addition to the classic services, this also includes special security features such as the security of the building. 'In addition, in recent years, the services have been further developed and brought up to date with the latest technology. For example, electricity and air conditioning have been continuously increased during operation. Hofer: 'We are very pleased that DATEV has now decided to continue working with us over the next ten years.'

Company profile of QSC AG

QSC AG is the digitizer for small and medium-sized enterprises and enables its customers to further develop business processes and business models flexibly and efficiently. QSC has many years of technology and application experience in cloud and colocation, SAP and the Internet of Things. Its comprehensive portfolio of services exactly meets the needs of SMEs in the age of digitization: from standardized pay-as-you-use services to individualized complete solutions for the retail, manufacturing and energy sectors. All offers are characterized by end-to-end quality and high security; the customer relationships are characterized by entrepreneurship, service orientation and an eye-level approach.

Headquartered in Cologne, QSC AG employs a total of around 900 people at its locations throughout Germany.

Contact:

Jan Erlinghagen

Tel: +49 221 669-8119

Fax: +49 221 669-8289

Email: presse@qsc.de

(C) 2019 Electronic News Publishing, source ENP Newswire

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Financials (EUR)
Sales 2019 236 M
EBIT 2019 102 M
Net income 2019 87,5 M
Finance 2019 63,8 M
Yield 2019 2,32%
P/E ratio 2019 1,84x
P/E ratio 2020 -8,61x
EV / Sales2019 0,40x
EV / Sales2020 0,73x
Capitalization 159 M
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Mean consensus OUTPERFORM
Number of Analysts 4
Average target price 1,68  €
Last Close Price 1,29  €
Spread / Highest target 39,3%
Spread / Average Target 29,6%
Spread / Lowest Target 8,36%
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Managers
NameTitle
Jürgen Hermann Chief Executive Officer
Bernd Schlobohm Chairman-Supervisory Board
Stefan A. Baustert Chief Financial Officer
Gerd Eickers Member-Supervisory Board
Ina Schlie Independent Member-Supervisory Board
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