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PSI sells the Mobility business unit
Berlin, December 21, 2024 - PSI Software SE, Berlin, is selling 100% of the shares in its subsidiary PSI Transcom GmbH, in which the main parts of the Mobility business unit are concentrated, to Altamount Software GmbH, an investment platform belonging to CHAPTERS Group AG. PSI Transcom GmbH is a software provid...
PSI Takes Major Step Towards Becoming an Integrated Software Company
New organizational structure “PSI Reloaded” launched on December 1, 2024Berlin, December 2, 2024 – The PSI Group has taken a significant step towards becoming a modern, integrated software company. Following the streamlining of the Group structures through the merger of the German...
Original-Research: PSI SE - from First Berlin Equity Research GmbH
13.11.2024 / 10:25 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 ...
Dr. Georg Tacke appointed to the Supervisory Board of PSI Software SE
Berlin, November 11, 2024 – Following the proposal of supervisory board and management board, Dr. Georg Tacke has been appointed as supervisory board member by the Local Court of Berlin-Charlottenburg (Amtsgericht Berlin-Charlottenburg) with immediate effect. The appointment was ...
PSI with Balanced EBIT in the Third Quarter
- Order backlog of EUR 188 million on September 30, 2024, 5.5% below the previous year's figure
- Sales in the third quarter at previous year's level of 65 million euros
- Group operating result balanced in the third quarter, in Production Management segment 23% above the same quarter of the previous year...
Original-Research: PSI AG - from First Berlin Equity Research GmbH
24.09.2024 / 09:56 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 ...
Original-Research: PSI AG - from First Berlin Equity Research GmbH
24.09.2024 / 09:56 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 ...
Original-Research: PSI SE - from First Berlin Equity Research GmbH
10.09.2024 / 11:50 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 ...
PSI Business Shows First Signs of Stabilization in the 2nd Quarter
- Incoming orders in the second quarter up 16% on the same quarter of the previous year at 59 million euros
- Sales stabilize at 62 million euros in the second quarter
- Operating result in the Production Management segment positive again in the second quarter, but still negative ov...
PSI in the 1st quarter with burdens from cyberattack and stable cash flow
- Sales reduced by 13.7% to 50.3 million euros due to cyber attack
- Operating result negative at −14.8 million euros as a result of the cyber attack
- Operating cash flow improved by 25% to 15.9 million euros
Performance indicators (KEUR)
Jan. 1 – March 31, 2024
Jan...
Original-Research: PSI AG - from First Berlin Equity Research GmbH
30.07.2024 / 13:21 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 ...
Dr. Uwe Hack is the new Chairman of the Supervisory Board
Berlin, July 26, 2024 - The Supervisory Board of PSI Software SE has elected Dr. Uwe Hack as its new Chairman at its constituent meeting following today's Annual General Meeting.
Dr. Hack succeeds Mr. Karsten Trippel, who was no longer available for a further term on the Supervisory Board.
T...
Karsten Trippel Is Not Available for a Further Term of Office on the Supervisory Board
Berlin, July 25, 2024 - Contrary to original plans, the current chairman of the Supervisory Board of PSI Software SE, Mr. Karsten Trippel, will not be available for a further term of office on the Supervisory Board. The Supervisory Board's proposed resolution on ...
PSI Streamlines the Group Structure
Merger of the German subsidiaries into PSI Software SEBerlin, June 26, 2024 - PSI Group is streamlining its organizational structure by merging its German subsidiaries into the Group's parent company, PSI Software SE. The structural simplification facilitates the PSI-wide harmonization and streamlining of busines...
PSI Strengthens Management in Technology and Development
Erol Bozak takes over the newly created position of CTOBerlin, June 12, 2024 - PSI appoints a Chief Technology Officer (CTO) for the first time and fills the position with Erol Bozak (50). His area of responsibility includes the central development team and the Research & Development acti...
PSI with Significant Growth in 2023 after Strong Final Quarter
- New orders up 17.7% on the previous year at 297.3 million euros
- Sales increase by 8.9% to 269.9 million euros
- Operating cash flow significantly improved to 16.8 million euros
Performance indicators (KEUR)
1 Jan. – Dec. 31 2023
1 Jan. – Dec. 31 2022
Change
Sales
26...
Original-Research: PSI AG - from First Berlin Equity Research GmbH
Classification of First Berlin Equity Research GmbH to PSI AG
Company Name: PSI AG
ISIN: DE000A0Z1JH9
Reason for the research: Preliminary 2023 results
Recommendation: Buy
from: 25.03.2024
Target price: €30,00
Target price on sight of: 12 months
Last rating change: -
Analyst: Simon...
PSI with Significant Growth in Financial Year 2023 and Stabilization of the Result in the Final Quarter
Publication of the audited annual financial statements postponed to the end of May 2024 at the latestBerlin, March 21, 2024 - According to preliminary figures, the PSI Group has grown significantly in the financial year 2023. New orders increased...
Berlin, February 15, 2024 - PSI Software SE discovered on February 15, 2024 that there had been a cyberattack on PSI's IT systems. In response, the company has proactively disconnected the systems from the Internet to prevent data breaches and data corruption. The IT systems and the extent of the impact are currently being reviewed. The utmost care...
Original-Research: PSI AG - von First Berlin Equity Research GmbH
Einstufung von First Berlin Equity Research GmbH zu PSI AG
Unternehmen: PSI AG
ISIN: DE000A0Z1JH9
Anlass der Studie: Q3/23 results
Empfehlung: Buy
seit: 31.10.2023
Kursziel: €30.0
Kursziel auf Sicht von: 12 months
Letzte Ratingänderung: 12 April 2022 (previously: Add)
Analyst: Simon...
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