Put companies on watchlist
PSI Software SE
ISIN: DE000A0Z1JH9
WKN: A0Z1JH
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

PSI Software SE · ISIN: DE000A0Z1JH9 · EQS - Company News (62 News)
Country: Germany · Primary market: Germany · EQS NID: 1864115
21 March 2024 10:06AM

PSI with Significant Growth in Financial Year 2023 and Stabilization of the Result in the Final Quarter


EQS-News: PSI Software SE / Key word(s): Annual Results/Preliminary Results
PSI with Significant Growth in Financial Year 2023 and Stabilization of the Result in the Final Quarter

21.03.2024 / 10:06 CET/CEST
The issuer is solely responsible for the content of this announcement.


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 latest

Berlin, March 21, 2024 - According to preliminary figures, the PSI Group has grown significantly in the financial year 2023. New orders increased by 17.2% to 296 million euros. Group sales grew by 8.9% to 269.9 million euros due to a strong 4th quarter. The operating result, which was burdened by one-off effects, stabilized within the planned corridor at 5.6 million euros.

“After the negative effects in the Electrical Grids business in 2022 and 2023, we stabilized the situation in the second half of 2023. At the same time, PSI's growth momentum is intact and the entire team is working hard to gear the company towards profitable growth,” says Robert Klaffus, CEO of PSI Software SE.

The PSI Group has been affected by the consequences of a cyberattack since February 15 and continues to work on the gradual restart of the IT systems and operations. PSI will not publish the complete and audited annual financial statements as planned on March 28, 2024, but probably by the end of May 2024 at the latest.

The PSI Group develops software products for optimizing the flow of energy and materials for utilities and industry. As an independent software producer with more than 2,200 employees, PSI has been a technology leader since 1969 for process control systems that ensure sustainable energy supply, mobility and production by combining AI methods with industrially proven optimization methods. The innovative industry products are sold both directly and via the cloud-based PSI App Store. www.psi.de

Contact:

PSI Software SE

Karsten Pierschke
Head of Investor Relations and Corporate Communication
Dircksenstraße 42-44
10178 Berlin
Germany

Tel. +49 30 2801-2727
Email: KPierschke@psi.de



21.03.2024 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: PSI Software SE
Dircksenstraße 42-44
10178 Berlin
Germany
Phone: +49 (0)30 2801-0
Fax: +49 (0)30 2801-1000
E-mail: ir@psi.de
Internet: www.psi.de
ISIN: DE000A0Z1JH9
WKN: A0Z1JH
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1864115

 
End of News EQS News Service

1864115  21.03.2024 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1864115&application_name=news&site_id=boersengefluester~~~ace3d64b-2049-452a-8d18-fbc8044c4b5f
Visual performance / price development - PSI Software 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.