SNP again raises outlook for order entry and revenue for the full year 2023
December 11, 2023 at 08:01 am EST
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EQS-Ad-hoc: SNP Schneider-Neureither & Partner SE / Key word(s): Change in Forecast/Forecast
SNP again raises outlook for order entry and revenue for the full year 2023
11-Dec-2023 / 13:59 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Publication of Insider Information Pursuant to Article 17 MAR
SNP again raises outlook for order entry and revenue for the full year 2023
Heidelberg, Germany, December 11, 2023 – The management of SNP Schneider-Neureither & Partner SE (ISIN: DE0007203705) is again raising its outlook for the full year 2023 due to the positive business development and the ongoing market momentum:
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.
Contact SNP
Marcel Wiskow
Director lnvestor Relations
Phone: +49 6221 6425-637
Email: marcel.wiskow@snpgroup.com
End of Inside Information
11-Dec-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com
SNP Schneider Neureither & Partner SE is a Germany-based company specialized in the Information Technology (IT) Services. The Company has two operational segments: Professional Services, which offers consultancy and training services and Software that provides sale of software and maintenance contracts. It offers software and software-related services for the transformation of IT systems, as well as the optimization of service and support processes. The transformation platform is based on the experience of the more than 1,500 projects. The Companyâs core products include SNP Business Landscape Management (BLM SNP), which structures the consultation process with standardized modules; SNP Dragoman that automates and simplifies the entire translation process; SNP Transformation Backbone that supports SAP System Transformation, as well as Business Landscape Transformation (BLT). The Company provides services to globally operating corporations in the fields of industry, finance and service.