DAX®13.920,69-0,96%TecDAX®3.220,26-1,54%Dow Jones 3031.496,30+1,85%Nasdaq 10012.668,51+1,64%

PRESS RELEASE: DATAGROUP SE: DATAGROUP Reports Strong First Quarter in the New Fiscal Year

| Quelle: Dow Jones Newsw... | Lesedauer etwa 6 min. | Text vorlesen Stop Pause Fortsetzen

DGAP-News: DATAGROUP SE / Key word(s): Quarter Results
DATAGROUP SE: DATAGROUP Reports Strong First Quarter in the New Fiscal Year
2021-02-23 / 07:30
The issuer is solely responsible for the content of this announcement.
DATAGROUP Reports Strong First Quarter in the New Fiscal Year


Pliezhausen, February 23, 2021. DATAGROUP SE (WKN A0JC8S) today publishes the results of the first quarter of FY 2020/
2021. Strong order intake and additional business with existing customers lead to significant improvement in earnings
In the first quarter of the fiscal year (01.10.-31.12.2020) revenue was up 31.1 % to EUR 108.6m (previous year EUR
82.8m). Fortunately, organic growth was roughly 10 %, while the remaining share was due to the first-time consolidation
of Portavis. DATAGROUP's business model as engine room of digitization thus has proven to be extremely robust in times
of a pandemic as well. The proportion of service revenue declined slightly from 82.8 % to 79.7 %.
Operating earnings before taxes, interest, depreciation and amortization (EBITDA) improved strongly by 57.1 % to EUR
14.8m (PY EUR 9.5m). At 13.7 %, the EBITDA margin was well above the 11.4 % reached in the prior period. It should be
noted that the first quarter of FY 2019/2020 was adversely affected by special items. Earnings before interest and
taxes (EBIT) improved by 142.2 % to EUR 6.6m (PY EUR 2.7m), corresponding to an EBIT margin of 6.0 % (PY 3.3 %).
Earnings per share were 41 cents compared to 17 cents in the previous year, corresponding to an increase of 141.2 %.
"We are looking to the further course of this fiscal year with great confidence", Max H.-H. Schaber sums up. "The
difficulties at DATAGROUP Financial IT Services GmbH, which had led to massive losses and risk provisions of EUR 12m in
aggregate in the last fiscal year, are behind us for the most part. With a view to the customer situations in question,
we managed to establish a stable business environment, greatly improve the cost structure - for instance by reducing
expensive freelancer capacities - and to increase billable services. We expect to achieve operating profitability much
earlier than expected so far", Schaber continues.
"We have witnessed a strong growth in order intake and additional sales across all our market units", Chief Sales
Officer Dirk Peters comments the current order situation. "There is strong demand for IT services from public
authorities, but also from companies, for instance in relation with an improvement of their employees' home office
situation, which is also due to Covid-19. We have also received pandemic-related special orders such as the provision
and operation of the IT infrastructure of vaccination centers in Baden-Württemberg."
Almato AG, which is specialized in services in the area of Artificial Intelligence (AI) as well as automation and
mobilization of business processes, has received several new orders and contract renewals. Innovative AI-based services
continue to gain in importance, and there has also been a good order intake in the development of software robots,
e.g., for the automation of back-office processes.
Acquisitions have also developed positively in the last fiscal year. Portavis, which was acquired in March 2020, has
continued to increase its profitability, making positive contributions to the comprehensive income of DATAGROUP. The
minority shareholding in Cloudeteer, which was acquired in June 2020, likewise has proven to be a stroke of luck: The
newly acquired specialist expertise for complex migration situations in the cloud environment enabled DATAGROUP to win
interesting projects for cloud shifts.

In the first quarter of FY 2020/2021, DATAGROUP has acquired four new customers and was able to upsell products to six
existing customers on the basis of the CORBOX. CORBOX is a modular and combinable suite of IT services covering all
areas of IT operations in companies. Thanks to standardization and highest quality standards, DATAGROUP makes IT simple
for its customers. The CORBOX is extended by new services on a regular basis, e.g., SAP on Azure or
Robots-as-a-Service. Overall, more than 80% of the gross margin is generated by long-term contracts with terms of
between three and seven years. This ensures planning certainty and sustainability for the business.
Traditionally, an outlook for the fiscal year will be provided at the Annual General Meeting which this year will be
hosted on March 4. Shareholders can only participate virtually due to the pandemic. For comprehensive information on
the Annual General Meeting please visit www.datagroup.de/hauptversammlung.
An overview of the key figures of Q1 2019/2020 is available on our website under datagroup.de/publications.
DATAGROUP will host a conference call on the quarterly result with the management. It is scheduled for February 23,
2020, at 3 pm (CET). You will find the login details for the conference call under (https://attendee.gotowebinar.com/
register/1604472651533554188). A recording of the webcast will be provided after the event.

23.02.2021 3 pm Conference Call on Q1 Results
24.02.2021 Hauck & Aufhäuser Digital Roadshow
01.03.2021 Hauck & Aufhäuser Digital Roadshow
04.03.2021 Annual General Meeting
20.04.2021 Pareto Securities German IT Service Conference
17.-18.03.2021 Berenberg DACH & Nordic Conference
11.05.2021 Stifel German SMID Cap One-on-One Forum, Frankfurt
17.-19.05.2021 Equity Forum Spring Conference
25.05.2021 Publication of Q2 and H1 Results
10.06.2021 Quirin Conference
10.06.2021 Warburg Highlights Conference
24.08.2021 Publication of Q3 Results
20.-22.09.2021 Berenberg German Corporate Conference
23.11.2021 Publication of Preliminary Results for FY 2020/2021

DATAGROUP is one of the leading German IT service companies. Almost 3,000 employees at locations across Germany design,
implement, and operate IT infrastructures and business applications such as SAP. With its CORBOX product, DATAGROUP is
a full-service provider, supporting over 600k global IT workplaces for medium and large enterprises as well as public
authorities. The company is growing organically and through acquisitions. The acquisitions strategy is particularly
noted for its optimal integration of new companies. DATAGROUP is actively participating in the IT service market's
consolidation process with its "buy and turn around" and its "buy and build" strategy.

Claudia Erning
Investor Relations
T +49 7127 970-015
2021-02-23 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Wilhelm-Schickard-Str. 7
72124 Pliezhausen
Phone: +49 (0)7127 970 000
Fax: +49 (0)7127 970 033
Internet: www.datagroup.de
Indices: Scale 30
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart,
Tradegate Exchange; London
EQS News ID: 1170185

End of News DGAP News Service

1170185 2021-02-23

END) Dow Jones Newswires

February 23, 2021 01:32 ET ( 06:32 GMT)

Das könnte Sie auch interessieren



Aktuelle Videos

HSBC Trading TV



Börsen & Märkte


zur Mediathek

Diese Seite empfehlenschliessen
Interessant, oder?
Teilen Sie diese Seite auf Facebook oder Twitter
Wenn Sie auf die Teilen-Buttons klicken und sich bei den Betreibern einloggen, werden Daten an den jeweiligen Betreiber übermittelt. Bitte beachten Sie die Datenschutzerklärung.
Aktuelle Umfrageschliessen
Wie, glauben Sie, wird der DAX am Ende dieser Woche - KW 10 - stehen?
Jetzt abstimmen!
Alle Umfragen ansehen