Cenit AG

CSH

Equity

ISIN DE0005407100 / Valor 889523

Xetra (2024-09-16)

EUR 11.20+0.90%

Cenit AG
UMushroom community rating:

0.00 0 votes No rating yet

NegativeNeutralPositive

About company

Cenit AG is a leading provider of digital solutions and software platforms, offering expertise in strategic partnerships with industry giants such as SAP, Dassault Systèmes, and IBM. The company's Digital Factory Solutions unit specializes in developing and implementing FASTSUITE, a 3D simulation platform for digital twins of production facilities, enabling manufacturing businesses to optimize their production systems. Additionally, the Digital Business Services unit offers sourcing and application management services to enhance clients' operational excellence in the product lifecycle management sphere. With a focus on innovation and efficiency in engineering and production processes, Cenit AG serves as a trusted consultant and integrator for businesses looking to optimize their digital production processes and succeed in their journey toward digital transformation.

Summarized from source with an LLMView SourceSector: Technology

Revenue Growth

In the first quarter of 2023, Cenit AG reported a significant increase in revenue, reaching €184.72 million. This marks a 13.9% growth compared to the same period in the previous year, where the revenue was €162.15 million.

EBITDA and EBIT

Cenit AG's EBITDA for Q1 2023 was €16.41 million, showing a notable improvement from €11.94 million in Q1 2022. The EBIT also saw a substantial rise, increasing by 46.2% to €9.22 million from €6.31 million in the previous year.

Net Income

The net income for Cenit AG in the first quarter of 2023 was €4.92 million, which is a decrease from the previous year's €6.61 million. This resulted in earnings per share (EPS) of €0.54, down from €0.75 in Q1 2022.

Dividend Proposal

For the first quarter of 2023, Cenit AG has proposed a dividend of €0.04 per share. This is a reduction from the €0.75 per share dividend paid out in the same period last year.

Employee and Equity Ratio

As of Q1 2023, Cenit AG employed 893 people, up from 861 in the previous year. The company's equity ratio stood at 29.3%, reflecting a decrease from 35.3% in Q1 2022.

Summarized from source with an LLMView Source

Key figures

-22.2%1Y

-27.0%3Y

-14.5%5Y

Performance

38.1%1Y

36.7%3Y

33.9%5Y

Volatility