Put companies on watchlist
DATAGROUP SE
ISIN: DE000A0JC8S7
WKN: A0JC8S
About
Company Snapshot
New: Enable Investor Alerts
Be informed about new publications
New: AI Factsheet

Corporate News meets AI! 
Content analysis and summary

EN GIF 300X250

DATAGROUP SE · ISIN: DE000A0JC8S7 · EQS - Company News (102 News)
Country: Germany · Primary market: Germany · EQS NID: 1817367
18 January 2024 07:27AM

DATAGROUP Publishes Audited Consolidated Financial Statements 2022/2023 - Dividend Increase to EUR 1.50 per Share Planned


EQS-News: DATAGROUP SE / Key word(s): Annual Results
DATAGROUP Publishes Audited Consolidated Financial Statements 2022/2023 - Dividend Increase to EUR 1.50 per Share Planned

18.01.2024 / 07:27 CET/CEST
The issuer is solely responsible for the content of this announcement.


  • Preliminary figures fully confirmed
  • Management proposes dividend of EUR 1.50 per share (previous year: EUR 1.10 per share)
  • Positive outlook due to strong order intake in CORBOX core business and strategic new acquisitions of CONPLUS and iT TOTAL

Pliezhausen, 18 January 2024: DATAGROUP SE (WKN A0JC8S) today publishes the audited consolidated financial statements for FY 2022/2023 and thus confirms the preliminary FY figures already published on 21 November 2023.

At EUR 497.8m, sales were at the upper end of the guidance of EUR 485 – 500m and slightly above the previous year's figure (previous year: EUR 494.0m), which has also been adjusted. In both financial years, a change in the accounting method for the license business led to a reduction in sales in accordance with IFRS 15 (Principal Agent). 

Gross profit increased by 3.5 % to EUR 341.2m (previous year: EUR 329.8m) and the key earnings figures also rose disproportionately: operating earnings before interest, taxes, depreciation and amortization (EBITDA) increased by 4.9 % to EUR 80.2m (previous year: EUR 76.5m), exceeding the guidance of EUR 76 – 80m. Earnings before interest and taxes (EBIT) increased disproportionately thanks to efficiency measures and the focus on profitable contracts and were up 9.3 % on the previous year at EUR 45.3m (previous year: EUR 41.5m, guidance EUR 45 – 48m) despite investments of around EUR 1m in the future topic of artificial intelligence in the fourth quarter of 2022/2023, which had an impact on earnings. The EBIT margin reached 9.1 % (+0.7 percentage points compared to 8.4 % in the previous year) and was therefore above the medium-term target of 9 %. Net profit rose significantly to EUR 28.3m after EUR 22.0m in the same period of the previous year. Earnings per share thus totaled EUR 3.39 compared to EUR 2.64 in the previous year.

Further details can be found in the audited consolidated financial statements at datagroup.de/publications.
 

MANAGEMENT'S DIVIDEND PROPOSAL OF EUR 1.50 PER SHARE (PREVIOUS YEAR: EUR 1.10 PER SHARE)

In view of the good earnings development, the Supervisory Board and the Management Board of DATAGROUP SE have decided to propose a dividend of EUR 1.50 per share (previous year: EUR 1.10 per share) to the company's Annual General Meeting on 14 March 2024. This corresponds to a total dividend payout of EUR 12.5m (previous year: EUR 9.2m).

"As our presented figures show, we are very well positioned operationally and were again able to achieve a good business result in FY 2022/2023 despite a still challenging macroeconomic situation", says Andreas Baresel, CEO of DATAGROUP SE. "There is strong demand for our holistic IT outsourcing solution CORBOX across all industries, which is reflected in our consistently good order intake. For us and our shareholders, these long-term contracts mean recurring revenues, good profitability and a reliable and stable long-term development of DATAGROUP."

With the dividend proposal presented, DATAGROUP continues its historic dividend policy, which provides for a payout ratio of around 40 % of the net income for the period.
 

POSITIVE OUTLOOK DUE TO STRONG ORDER INTAKE IN THE CORBOX CORE BUSINESS AND STRATEGIC NEW ACQUISITIONS OF CONPLUS AND IT TOTAL

With the takeover of the CONPLUS Group at the end of 2023 and the acquisition of the IT service provider iT TOTAL, DATAGROUP has already strategically strengthened its position with two companies in the current fiscal year 2023/2024. Further acquisitions are planned for this fiscal year.

New customer wins such as the specialty chemicals manufacturer Evonik, for which DATAGROUP will manage around 30,000 IT workstations in client management, field service and service management, as well as several municipal utilities and public institutions, in the construction and industry sectors and in the banking and financial services sector, give the Management Board of DATAGROUP a positive outlook for the company's further business development. The specific outlook for the current fiscal year 2023/2024 will be announced at the Annual General Meeting on 14 March 2024.

The audited consolidated financial statements 2022/2023 are available on the DATAGROUP website at datagroup.de/publications.

 

About DATAGROUP

DATAGROUP is one of the leading German IT service providers. Some 3,500 employees at locations across Germany design, implement, and operate IT infrastructures and business applications. With its CORBOX product, DATAGROUP is a full-service provider, supporting global IT workplaces for medium and large enterprises as well as public authorities. DATAGROUP is growing organically and through acquisitions. The acquisition strategy is particularly noted for its optimal integration of new companies. DATAGROUP is actively participating in the consolidation process with its “buy and turn around” and its “buy and build” strategy.
 

Investor Contact

Anke Banaschewski
Investor Relations
anke.banaschewski@datagroup.de
 

Press Contact

Sarah Berger-Niemann
Corporate Communications
presse@datagroup.de



18.01.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: DATAGROUP SE
Wilhelm-Schickard-Str. 7
72124 Pliezhausen
Germany
Phone: +49 (0)7127 970 000
Fax: +49 (0)7127 970 033
Internet: www.datagroup.de
ISIN: DE000A0JC8S7
WKN: A0JC8S
Indices: Scale 30
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange; London
EQS News ID: 1817367

 
End of News EQS News Service

1817367  18.01.2024 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1817367&application_name=news&site_id=boersengefluester_html
Visual performance / price development - DATAGROUP SE
Smart analysis and research tools can be found here.

This publication was provided by our content partner EQS3.

EQS Newswire
via EQS - Newsfeed
EQS Group AG ©2024
(DGAP)
Contact:
Karlstraße 47 D-80333 München
+49 (0) 89 444 430-000

 

SMART * AD
EN GIF 970X250

P R O D U C T   S U G G E S T I O N S

The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.


The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.

If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.

For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.


1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.