Technotrans SE
TTR1
ISIN DE000A0XYGA7 / Valor 4630018
Technotrans SE
UMushroom community rating:
About company
Technotrans SE is a leading provider of innovative solutions in technical documentation, complemented by the expertise of gds, one of the five high-performance companies under its umbrella brand. The company focuses on creating cutting-edge solutions to meet current and future requirements in the industry.
Summarized from source with an LLMView SourceSector: IndustrialsLatest Results (20.08.2024):
Revenue Decline
Technotrans SE reported a revenue decline of 12.9% for the first half of 2024 compared to the same period in 2023. The total revenue for the period was €115.3 million, down from €132.5 million in the previous year. This decline was attributed to the continued weak global economic development.
EBIT Performance
The EBIT (Earnings Before Interest and Taxes) for Technotrans SE in the first half of 2024 was €4.0 million, a decrease of 31.5% from the €5.9 million reported in the same period of 2023. The EBIT margin also dropped to 3.5% from 4.5% in the previous year, reflecting the challenging economic conditions.
Net Profit
Technotrans SE's net profit for the first half of 2024 was €2.4 million, down 28.8% from €3.3 million in the same period of 2023. The decline in net profit was influenced by lower revenue and increased costs associated with the organizational realignment under the ttSprint efficiency program.
Free Cash Flow
The free cash flow for Technotrans SE in the first half of 2024 was €26.7 million, a significant decrease from €33.5 million in the previous year. This reduction was primarily due to increased tax payments and higher receivables, which impacted the company's liquidity position.
Employee Reduction
As of June 30, 2024, Technotrans SE employed 1,515 people worldwide, a reduction of 83 employees (-5.2%) compared to December 31, 2023. This reduction in workforce was part of the company's efforts to streamline operations and improve efficiency amid challenging market conditions.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
119 M
Market cap (USD)
16,027
Daily traded volume (Shares)
18 / 16.9
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
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Ratings & reviews
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