Cenit AG

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Cenit AG
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Cenit AG
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EQS Newswire is a major provider of regulatory and corporate news. It mainly serves companies, investors and media worldwide. Through its services, EQS Newswire enables efficient and secure communication between companies and their stakeholders. Its main services include the distribution of ad hoc announcements, corporate news and the publication of financial reports that meet strict international standards.
Thu, 07.11.2024

Original-Research: Cenit AG - from GBC AG 07.11.2024 / 10:01 CET/CEST Dissemination of a Research, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this research. The result of this research does not constitute investment advice or an invitation to conclude certain stock exchange transactio...
Tue, 05.11.2024

Stuttgart, November 5th, 2024 – In the third quarter of 2024 CENIT continues its strong performance seen in the first half-year of 2024 and remains on its growth path. After nine months, CENIT Group has generated sales revenues of EUR 151,433 k (previous year: EUR 133,305 k/+13.6%). Sales of third-party software increased by 12.0% to EUR 75,700 k (...
Thu, 31.10.2024

Stuttgart, 31 October 2024 - In the 2024 financial year, CENIT AG acquired majority stakes in two companies. Both companies are fully consolidated in the consolidated financial statements of CENIT AG. CENIT AG is consequently publishing an adjustment to the forecast for the 2024 financial year, according to which consolidated sales of EUR 205-210 ...
Mon, 05.08.2024

Original-Research: Cenit AG - from GBC AG 05.08.2024 / 13:01 CET/CEST Dissemination of a Research, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this research. The result of this research does not constitute investment advice or an invitation to conclude certain stock exchange transactio...
Thu, 01.08.2024

Stuttgart, August 1st, 2024 – The CENIT Group continues to pursue its growth path also in the second quarter of 2024 and achieved sales revenue of EUR 99,355 k (previous year: EUR 87,470 k/+13.6%). Sales of third-party software increased by 13.4% to EUR 50,771 k (prior year: EUR 44,754 k). Sales of CENIT's own software increased significantly from ...
Wed, 17.07.2024

Stuttgart, 17 July 2024 - CENIT North America LLC, a [wholly owned] subsidiary of CENIT AG, today signed an agreement to acquire a 60 percent stake in the US-based Analysis Prime LLC – a global leader in SAP planning and analytics - thereby expanding its presence in North America. The acquisition is effective as of 17 July 2024. Since it was found...
Wed, 19.06.2024

Stuttgart, 19 June 2024 - The Supervisory Board today approved the premature extension of Peter Schneck's contract. The Management Board contract, originally concluded for three years, has now been extended for a period of five years until 17 October 2029. Peter Schneck joined CENIT AG as a member of the Management Board on 18 October 2021 and was...
Wed, 15.05.2024

Original-Research: Cenit AG - from GBC AG Classification of GBC AG to Cenit AG Company Name: Cenit AG ISIN: DE0005407100 Reason for the research: Research Comment Recommendation: BUY Target price: 20.55 EUR Target price on sight of: 31.12.2024 Last rating change: Analyst: Cosmin Filker, Marcel Goldmann Q1 2024: Strong start to the current financi...
Tue, 14.05.2024

Stuttgart, 14 May 2024 – In the first quarter 2024 the CENIT Group has continued its strong performance from 2023 and remains on course for growth. After three months, the CENIT Group has generated sales revenues of EUR 50,545 k (previous year: EUR 43,416 k/+16.4%). Sales of third-party software increased by 17.6% to EUR 26,188 k (prior year: EUR 2...
Thu, 11.04.2024

Original-Research: Cenit AG - from GBC AG Classification of GBC AG to Cenit AG Company Name: Cenit AG ISIN: DE0005407100 Reason for the research: Research Report (Anno) Recommendation: BUY Target price: 20.55 EUR Target price on sight of: 31.12.2024 Last rating change: Analyst: Cosmin Filker, Marcel Goldmann Sales and earnings in line with expect...
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