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SNP Schneider-Neureither & Partner Records Another Stellar Year

Stock price chart of SNP Schneider-Neureither & Partner AG (EBR:SHF) showing fluctuations.

SNP Schneider-Neureither & Partner SE has reported significant financial growth in 2024, marking another record year for the company. Order entries saw a 17% increase, reaching €310.6 million, while group revenue rose by 25% to €254.8 million. EPS showed a remarkable 243% jump to €2.78. Additionally, the EBIT margin improved to 11.2% from 5.5% in the previous year.

The company's expansion into new markets and its thriving partner business played pivotal roles in these results. Partner-related order entry increased by 46% to €142.9 million, and partner revenues surged by 51% to €96.3 million. The software business further bolstered the growth, with an order entry increase of 37%.

Looking ahead to 2025, SNP anticipates revenue growth in the range of €270-280 million and EBIT of €30-34 million. Their partnership with Carlyle and expansion in collaborations with SAP are expected to support this growth trajectory.

R. E.

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