EQS-News: After two record years, SNP kicks off 2025 with the best Q1

Corporate News

After two record years, SNP kicks off 2025 with the best Q1

• Order entry rose by 25% to €75.4 million (Q1 2024: €60.5 million)
• Group revenue improved significantly by 23% to €66.5 million (Q1 2024: €54.0 million)
• Strong increase in EBIT by 97 % to €7.9 million (Q1 2024: €4.0 million), EBIT margin climbed to 11.9 % (Q1 2024: 7.4 %)
• Outlook for 2025 confirmed: Revenue growth to €270–280 million and expected increase in EBIT to €30–34 million

Heidelberg, Germany, May 8, 2025 – SNP Schneider-Neureither & Partner SE, a world-leading provider of software for digital transformation, automated data migration and data management in the SAP environment, started the year 2025 with dynamic growth. Higher revenue in the partner business and increased software sales once again drove SNP's development. Revenue improved by 23% to €66.5 million and EBIT increased disproportionately by 97% to €7.9 million. The EBIT margin rose accordingly by 4.5 percentage points to 11.9%. Order entry grew by 25% to €75.4 million, due in particular to strong business in North America.

Jens Amail, CEO of SNP, comments: “We have successfully started the new year with our best first quarter ever. After two record years, all key financial indicators are on the highest level in our company history. Thanks to the continued trust of our customers and partners and the focus of our SNP team on their success, we were able to sustain our growth journey. At the same time, our strategic initiatives are clearly paying off – our focus on innovation based on our new Kyano software platform, our entry into new markets such as France, and a wide range of measures to increase profitability. The successful start into the year and the ongoing strong market momentum give us the tailwind for further growth in 2025 and beyond.”

The service business recorded a 20% increase in order entry to €52.2 million and a 17% rise in revenue to €43.7 million. The software business grew disproportionately with a 35% increase in order entry to €23.1 million and a 36% increase in revenue to €22.9 million. The share of software sales thus rose further to 34% (Q1 2024: 31%). 

Andreas Röderer, CFO of SNP, comments: „SNP's current financial basis is better than ever before in the company's history. In particular, the excellent development of the operating cash flow gives us the necessary leeway to further develop the company from a position of strength. The high demand for S/4HANA and RISE with SAP projects and the SNP software solutions will continue to drive our business going forward.“

 Selected recent business highlights:

• IBM and SNP collaborate on launch of IBM Transformation Suite for SAP Applications: Expansion of the successful development partnership between IBM and SNP – new IBM Transformation Suite for SAP Applications designed to enable fast and secure deployment of RISE with SAP on IBM Power Virtual Server. SNP platform Kyano fully integrated into the suite to help optimize the migration of workloads to the cloud.
• Carlyle closes acquisition: SNP has entered into a strategic partnership with the global investment company Carlyle to support SNP's long-term growth. Carlyle acquired a qualified majority as part of the deal.
• Transformation World 2025 on June 25 & 26, 2025, in Heidelberg, Germany: Join our two-day event with practical sessions from IT professionals like you to find out how to future-proof your data landscapes. Connect with experts from ABB, BMW, PepsiCo, TE Connectivity or TotalEnergies, network and more in a great atmosphere. Join us, registration is free.

Key figures

The following table summarizes the development of important company key figures in the first quarter 2025:

Outlook 2025

SNP continues to anticipate positive business development for the 2025 financial year with an unchanged positive business trend and a strong market position. Based on this, the company expects sales revenue to grow to between €270 million and €280 million (2024 revenue: €254.8 million). At the same time, the operating result (EBIT) will fall in a range between €30 million and €34 million (EBIT 2024: €28.6 million). A book-to-bill ratio (order entry over revenue) of more than one is still expected for order entry.

The more detailed interim statement for the first quarter of 2025 is available on our website at https://investor-relations.snpgroup.com/en/publications/.
 

Investor and analyst call

The investor and analyst call will take place on May 8, 2025 at 2 p.m. CET. Interested investors and analysts can register via the following link: https://www.appairtime.com/event/18296221-2ba0-40b6-b620-95de6ee0378c.

As usual, a recording of the conference call will be made available one day later on SNP’s website at https://investor-relations.snpgroup.com/en/publications.

About SNP

SNP (ticker: SHF.DE) is the global technology platform leader and trusted partner for companies seeking unparalleled data-enabled transformation capabilities and business agility. SNP’s Kyano platform integrates all necessary capabilities and partner offerings to provide a comprehensive software-based experience in data migration and management. Combined with the BLUEFIELD approach, Kyano sets a comprehensive industry standard for restructuring and modernizing SAP-centric IT landscapes faster and more securely while harnessing data-driven innovations.

The company works with more than 3,000 customers of all sizes and in all industries in 80 countries, including 20 of the Dax 40 and more than 100 of the Fortune 500. The SNP Group has around 1,600 employees worldwide at over 35 locations in 20 countries. The company is headquartered in Heidelberg, Germany, and generated revenues of € 254.8 million in the 2024 fiscal year.

More information is available at www.snpgroup.com

SNP Contact

Marcel Wiskow
Director lnvestor Relations
Phone: +49 6221 6425-637
Email: marcel.wiskow@snpgroup.com
presse@snpgroup.com