on SNP Schneider-Neureither & Partner AG (isin : DE0007203705)
SNP Announces Best Second Quarter Ever Following Record 2023 Results
SNP Schneider-Neureither & Partner AG, a global leader in digital transformation software, reported an exceptional performance for the second quarter of 2024. Order entry increased by 45% to approximately €74 million compared to Q2 2023, while revenue rose by 28% to around €62 million over the same period.
EBIT surged to approximately €8 million from €1.0 million year-over-year. This growth spanned all regions and segments, bolstered by SNP's continuous efforts to enhance global market presence and customer satisfaction. Leading companies like BMW and Microsoft have relied on SNP for their transformation needs.
As a result of this strong performance, SNP has raised its 2024 guidance. The revenue forecast for the full year now ranges between €225 million and €240 million, up from the previous €215 million to €225 million range. EBIT is predicted between €16 million and €20 million, an increase from €13 million to €16 million.
SNP will release its full Half-Year Financial Report 2024 on August 8, 2024.
R. P.
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