SNP Schneider Neureither & Partner : SE Records Significant Revenue Growth in the 2017 Fiscal Year

SNP | Corporate News

SNP SE Records Significant Revenue Growth in the 2017 Fiscal Year

- Group revenue increases to approximately EUR 122 million (previous year: EUR 80.7 million)

- Consolidated operating earnings (EBITDA) of around EUR 6.3 million (non-IFRS*, adjusted for exchange rate effects) or around EUR 2 million based on IFRS (previous year: EUR 8.5 million)

- Revenue forecast for 2018: SNP expects Group revenue of approximately EUR 150 to 155 million in 2017

Heidelberg, January 31, 2018 - SNP Schneider-Neureither & Partner SE can look back on a successful 2017 fiscal year with strong growth. According to preliminary calculations, which have not yet been audited, Group revenue increased more than 50% from EUR 80.7 million in the previous year to approximately EUR 122 million. Of which approximately 8% was attributed to organic growth.

In the fourth quarter of 2017, the SNP Group generated the highest quarterly revenue in the company's history, in the amount of approximately EUR 40 million, with a clearly positive earnings contribution. Over the full year, an operating result (EBITDA; non-IFRS, adjusted for exchange rate effects) remains in the amount of approximately EUR 6.3 million or around EUR 2 million based on IFRS (previous year: EUR 8.5 million). The one-time extraordinary expenses, growth costs and exchange rate effects, which weighed in on performance, therefore amounted to approximately EUR 4.3 million in the previous fiscal year. In the same period, a generally balanced operating result (EBIT) based on IFRS of EUR -0.5 million (previous year: EUR 6.9 million) was registered.

Order entry reached EUR 130.7 million as of December 31, 2017 (previous year: EUR 95.5 million), with the order backlog at approximately EUR 62 million (previous year: EUR 39.3 million) on December 31, 2017. In view of the unchanged positive order situation, the high order backlog and the international sales and software strategy, SNP assumes that revenue will continue to grow and expects Group revenue for the 2018 fiscal year to be between approximately EUR 150 and EUR 155 million. Meanwhile, SNP will concentrate further on organic growth in 2018.

The company will publish the audited consolidated financial statements and an earnings forecast for the current fiscal year on March 28, 2018.

* Non-IFRS comprises the following expenses: amortization on acquisition-related intangible assets, expenses in connection with M&A activities as well as costs arising from the legal conversation to a stock corporation (SE).

About SNP

SNP SE supports organizations in adapting their business models and using new technologies. SNP software and services make it easy to implement business or technical modifications to business applications.

CrystalBridge^(R) and Transformation Backbone^(R) together with SAP^(R) LT are the world's leading software suite for data transformations that automatically analyzes, implements and tracks changes to IT systems. As a result, they offer clear qualitative advantages, while significantly reducing the time and expense involved in transformation projects. The SNP Group has over 1,350 employees worldwide.

Headquartered in Heidelberg, the company generated provisional revenue of approximately EUR 122 million in the 2017 fiscal year. SNP's customers are global corporations from all industries. SNP was founded in 1994 and has been publicly traded since 2000. As of August 2014, the company is listed on the Prime Standard segment of the Frankfurt Stock Exchange (ISIN DE0007203705). Since 2017, the company has operated as a European stock corporation (Societas Europaea/SE).

Further information is available at www.snpgroup.com

Investor Relations Contact:

Marcel Wiskow
Tel: +49 6221 6425-637
Fax: +49 6221 6425-470
Email: investor.relations@snpgroup.com
http://www.snpgroup.com/de/Investor-Relations/