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ER - SNP optimistic about 2025 after another record year

Company: SNP Schneider-Neureither & Partner SE Date: 2025-03-27 Language: English Register to download
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 News Details 

Corporate | 27 March 2025 07:30

#   

SNP optimistic about 2025 after another record year

SNP Schneider-Neureither & Partner SE / Key word(s): Annual Report/Annual Results  

SNP optimistic about 2025 after another record year  

  

27.03.2025 / 07:30 CET/CEST  

The issuer is solely responsible for the content of this announcement.  

  

- - -

Corporate News

**SNP optimistic about 2025 after another record year**

-   Order entry rose by 17% to €310.6 million (2023: €266.1 million)
-   Group revenue increased by 25% to €254.8 million (2023: €203.4 million)
-   EBIT improved significantly by 157% to €28.6 million (2023: €11.1 million); EBIT margin climbed to 11.2% (2023: 5.5%)
-   Outlook for 2025: Revenue growth to €270–280 million and EBIT increase to €30–34 million

**Heidelberg, Germany, March 27, 2025** – SNP Schneider-Neureither & Partner SE, a world-leading provider of software for digital transformation, automated data migration and data management in the SAP environment, published its annual report for the year 2024 today. The company successfully continued on its growth path in a dynamic market. The flourishing partner business and international expansion into new markets were the main drivers of this growth. Revenue rose by 25% to €254.8 million, and EBIT improved over-proportionately by 157% to €28.6 million. The EBIT margin increased significantly by 5.7 percentage points to 11.2%. Order entry grew across all segments and regions, rising by 17% to €310.6 million.

Jens Amail, CEO of SNP, comments about the 2024 financial year: “The fantastic work of our global team and the continued trust of our customers and partners led to a significant improvement of our operational performance and new record levels in all key financial indicators. We also made huge progress across all our strategic focus areas: We achieved over-proportional growth in our software business, expanded our international presence, evolved our vision and elevated the collaboration with our ecosystem to a new level. Thanks to the significant operational advancement and the stability we have gained, SNP is in the strongest phase of its 30-year history. Building on this foundation, we see our partnership with Carlyle as a logical and necessary step to enter the next chapter of SNP’s growth story – for the benefit of our customers and partners as well as all colleagues at SNP.”

In the partner business, SNP recorded amplified growth with an increase in order entry of 46% to €142.9 million (2023: €98.0 million). At the same time, partner revenues rose by 51% to €96.3 million (2023: €63.8 million). The service business recorded an 8% increase in order entry to €203.9 million and a 23% increase in revenues to €165.3 million. The software business grew even more strongly, with order entry up 37% at €106.7 million and revenue of €89.4 million (+29% compared to 2023). The share of software revenue in total revenue thus rose to 35% (2023: 34%).

Andreas Röderer, CFO of SNP, comments: “Our strong performance is based on several factors: We are recording an increase in order entry across all segments and regions, our partner business is developing at a high dynamic pace and our internationalization is progressing. Operating cash flow has developed excellently due to the improvements in earnings and in working capital management. We are confident that we will be able to further increase revenue and earnings in the current financial year.”

**Selected recent business highlights:**

-   [**Investment agreement with Carlyle:**](https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=b34c0192cb650881ac4a9d48d8c10abf&application_id=2107052&site_id=airport_aws~~~7cc68db1-74de-43c8-af69-2ae0a97efdc3&application_name=news) SNP and the global investment firm Carlyle entered into a strategic partnership to support SNP’s long-term growth. As part of this, Carlyle made a voluntary public takeover offer for all outstanding shares. The additional acceptance period ended on March 26, 2025, at 24:00 hours (Frankfurt am Main local time). Information about the offer is published on the following website: [www.succession-offer.com](https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=c07a4725e8f467856cff1f992d195ce2&application_id=2107052&site_id=airport_aws~~~7cc68db1-74de-43c8-af69-2ae0a97efdc3&application_name=news)
-   [**Expansion of partnership with SAP:**](https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=9835d670bb257d80aa1199df453423d5&application_id=2107052&site_id=airport_aws~~~7cc68db1-74de-43c8-af69-2ae0a97efdc3&application_name=news) Both companies are strengthening their partnership in the field of transformations to RISE with SAP and are exploring the potential collaboration in the space of data management in SAP S/4HANA Public Cloud.
-   [**Pfizer successfully migrates to SAP S/4HANA – with IBM and SNP**](https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=10c506627dca8355373849787115751c&application_id=2107052&site_id=airport_aws~~~7cc68db1-74de-43c8-af69-2ae0a97efdc3&application_name=news) **:** IBM Rapid Move with the SNP BLUEFIELD approach enables global SAP S/4HANA transformation on time and on budget.

  

**Key figures**

The following table summarizes the development of important company key figures in 2024:

|     |     |     |     |
| --- | --- | --- | --- |
|     | **2024** | **2023** | **Change** |
| **Group** |     |     |     |
| Order entry | €310.6 million | €266.1 million | +17% |
| Revenue | €254.8 million | €203.4 million | +25% |
| EBITDA | €40.0 million | €21.5 million | +86% |
| EBITDA margin | 15.7% | 10.6% | +5.1pp |
| EBIT | €28.6 million | €11.1 million | +157% |
| EBIT margin | 11.2% | 5.5% | +5.7pp |
| Net income | €20.1 million | €5.9 million | +243% |
| Earnings per share (undiluted) | €2.78 | €0.81 | +243% |
| Operating cash flow | €40.8 million | €12.5 million | +226% |
| Cash and cash equivalents | €72.5 million | €40.3 million | +80% |
| Equity ratio | 44.1% | 41.5% | +2.6pp |

  

**Outlook 2025**

SNP expects a positive business performance for the 2025 financial year, assuming continued positive industry development and a strong market position. On this basis, the company expects revenue growth to €270 million to €280 million (2024 revenue: €254.8 million). At the same time, the operating result (EBIT) is expected to be in the range of €30 million to €34 million (EBIT 2024: €28.8 million). A book-to-bill ratio (order intake/revenue) greater than one continues to be expected for order entry.

The full 2024 Annual Report is available on our website at [https://investor-relations.snpgroup.com/en/publications](https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=25f90c938997211fd4512a5f4c8ea6b1&application_id=2107052&site_id=airport_aws~~~7cc68db1-74de-43c8-af69-2ae0a97efdc3&application_name=news) .

**Investor and analyst call**

The investor and analyst call will take place on March 27, 2025 at 2 p.m. CET. Interested investors and analysts can register via the following link: [https://www.appairtime.com/event/756640ec-e653-4afb-98b6-c0e8022abd3e](https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=37cdd15dfc45f3a88aeb39d17dfbdca9&application_id=2107052&site_id=airport_aws~~~7cc68db1-74de-43c8-af69-2ae0a97efdc3&application_name=news) *.*

As usual, a recording of the conference call will be made available one day later on SNP’s website at [https://investor-relations.snpgroup.com/en/publications](https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=25f90c938997211fd4512a5f4c8ea6b1&application_id=2107052&site_id=airport_aws~~~7cc68db1-74de-43c8-af69-2ae0a97efdc3&application_name=news) *.*

**About SNP**

SNP (ticker: SHF.DE) is the global technology platform leader and trusted partner for companies seeking unparalleled data-enabled transformation capabilities and business agility. SNP’s Kyano platform integrates all necessary capabilities and partner offerings to provide a comprehensive software-based experience in data migration and management. Combined with the BLUEFIELD approach, Kyano sets a comprehensive industry standard for restructuring and modernizing SAP-centric IT landscapes faster and more securely while harnessing data-driven innovations.

The company works with more than 3,000 customers of all sizes and in all industries in 80 countries, including 20 of the DAX 40 and more than 100 of the Fortune 500. The SNP Group has around 1,600 employees worldwide at over 35 locations in 20 countries. The company is headquartered in Heidelberg, Germany, and generated revenues of € 254.8 million in the 2024 fiscal year.

More information is available at [www.snpgroup.com](https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=86268d1412109efd2e9cfe74d182f2ed&application_id=2107052&site_id=airport_aws~~~7cc68db1-74de-43c8-af69-2ae0a97efdc3&application_name=news)

**SNP Contact**

Marcel Wiskow  

Director lnvestor Relations  

Phone: +49 6221 6425-637  

Email: [marcel.wiskow@snpgroup.com](mailto:marcel.wiskow@snpgroup.com)

[presse@snpgroup.com](mailto:presse@snpgroup.com)

  

- - -

27.03.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News – a service of EQS Group.  

The issuer is solely responsible for the content of this announcement.  

  

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.  

Archive at www.eqs-news.com  

- - -

|     |     |
| --- | --- |
| Language: | English |
| Company: | SNP Schneider-Neureither & Partner SE |
|     | Speyerer Str. 4 |
|     | 69115 Heidelberg |
|     | Germany |
| Phone: | +49 6221 6425 637, +49 6221 6425 172 |
| Fax: | +49 6221 6425 20 |
| E-mail: | investor.relations@snpgroup.com |
| Internet: | www.snpgroup.com |
| ISIN: | DE0007203705 |
| WKN: | 720370 |
| Listed: | Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 2107052 |

  

|     |     |
| --- | --- |
|     |     |
| End of News | EQS News Service |

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2107052  27.03.2025 CET/CEST

![](https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=2107052&application_name=news&site_id=airport_aws~~~7cc68db1-74de-43c8-af69-2ae0a97efdc3)