SNP Schneider-Neureither & Partner SE

SHF

Equity

ISIN DE0007203705 / Valor 1060617

Xetra (2024-09-17)

EUR 57.40%

SNP Schneider-Neureither & Partner SE
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About company

SNP Schneider-Neureither & Partner SE is a leading provider of software solutions and services for digital transformation and data migration. The company specializes in helping organizations streamline their processes in finance and accounting through the implementation of SAP systems, particularly S/4HANA. SNP's expertise lies in harmonizing multiple SAP systems and processes into a centralized S/4HANA system, defining standard templates, and reducing internal developments to a minimum. With a focus on efficiency and innovation, SNP assists clients in achieving their goals of modernizing and optimizing their financial and accounting operations.

Summarized from source with an LLMView SourceSector: Technology

Record Revenue Growth

SNP Schneider-Neureither & Partner SE reported a significant revenue increase in Q2 2024, reaching €62.0 million. This marks a 28% growth compared to the same quarter in the previous year. The strong performance was driven by robust partner business and increased software sales.

Improved EBIT

In Q2 2024, SNP Schneider-Neureither & Partner SE saw a substantial improvement in its EBIT, which rose from €1.0 million to €8.4 million. This impressive growth reflects the company's successful business strategies and operational efficiencies.

Increased EBIT Margin

The EBIT margin for SNP Schneider-Neureither & Partner SE in Q2 2024 increased by 11.5 percentage points, reaching 13.6%. This improvement underscores the company's ability to enhance profitability through effective cost management and revenue growth.

Order Entry Surge

SNP Schneider-Neureither & Partner SE experienced a significant surge in order entry during Q2 2024, with figures reaching €74.1 million. This represents a 45% increase compared to Q2 2023, supported by several new major client wins.

Positive Business Outlook

Following a strong start to the year and record results in Q2 2024, SNP Schneider-Neureither & Partner SE remains optimistic about its business outlook. The company continues to capitalize on market opportunities and expects sustained growth across all regions and segments.

Summarized from source with an LLMView Source

Key figures

69.3%1Y

7.89%3Y

94.6%5Y

Performance

23.3%1Y

37.6%3Y

44.0%5Y

Volatility