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%).
Contacto
Marcel Wiskow
Director Investor Relations
Teléfono móvil: +49 6221 6425-637
Correo: marcel.wiskow@snpgroup.com
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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.
Sobre SNP
SNP (ticker: SHF.DE) es el líder mundial en plataformas tecnológicas y socio de confianza para las empresas que buscan obtener una transformación de datos y agilidad empresarial sin precedentes. La plataforma Kyano de SNP reúne las funciones necesarias y las ofertas de nuestros socios para proporcionar una experiencia integral basada en software en la migración y gestión de datos. Junto con el enfoque BLUEFIELD, Kyano establece un estándar integral del sector para reestructurar y modernizar los entornos de TI centrados en SAP de forma más rápida y segura, aprovechando al mismo tiempo las innovaciones basadas en datos.
La empresa trabaja con unos 3.000 clientes de todos los tamaños y sectores en todo el mundo, entre ellos 20 del DAX 40 y 103 de la lista Fortune 500. El Grupo SNP emplea a unas 1.500 personas en todo el mundo, en más de 35 ubicaciones repartidas por 15 países. La empresa tiene su sede en Heidelberg, Alemania, y generó ingresos de 203.4 millones de euros en el año fiscal 2023.
Contacto
Marcel Wiskow
Director Investor Relations
Teléfono móvil: +49 6221 6425-637
Correo: marcel.wiskow@snpgroup.com
