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KPS continues to grow in the first half of 2021/2022 - revenue increases by 12.5%

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DGAP-News: KPS AG / Key word(s): Half Year Report
KPS continues to grow in the first half of 2021/2022 - revenue increases by 12.5%
16.05.2022 / 07:30
The issuer is solely responsible for the content of this announcement.

KPS continues to grow in the first half of 2021/2022 - revenue increases by 12.5%

  • Continued strong momentum in e-commerce projects and solid demand for ERP projects fuel KPS’s growth

  • Revenue increases by 12.5% to 86.5 million euros

  • Employee recruitment, an increased use of service providers and a changed project mix leads to a slight decline in EBITDA in line with expectations

  • KPS confirms forecast for the 2021/2022 financial year

Unterföhring/Munich, 16 May 2022 – KPS AG (WKN: A1A6V4 / ISIN: DE000A1A6V48), Europe's leading consulting firm for digital transformation and process optimisation in retail, publishes the results for the first half year 2021/22.

Strong momentum in e-commerce projects

In the first half of 2021/2022, KPS was able to increase its group revenue by 12.5% to 86.5 million euros. In particular, there continued to be strong demand for e-commerce projects. In the area of e-commerce, KPS helps its customers to significantly improve important key performance indicators such as leads, reach and conversion, thereby helping them to generate higher revenues and improve their competitive position.

The volume of orders in the ERP project area also remained strong. KPS was able to win three new customers in the first half of the financial year.

As in the first quarter, the use of service providers remained high in the second quarter and KPS continued its selective staff expansion. On the one hand, KPS is thereby responding to the increased demand for projects, and on the other hand preparing for further, sustainable growth. Correspondingly, EBITDA in the first half of 2021/2022 was down slightly by 2.8% year-on-year to 11.1 million euros (previous year: 11.4 million euros). Earnings after taxes were 5.1 million euros (previous year: 5.4 million euros).

"The pleasing results of the first half-year confirm our strategic path over the past years of consistently expanding our technological competences, steadily improving the revenue mix by means of our internationalisation strategy and expanding our service portfolio with platform products. In the current challenging times, our business model has proven itself and shown its resilience. We will continue on this course, deliver on our strategic ambitions and are committed to achieving the targets we have set for the 2021/2022 financial year."

Leonardo Musso, CEO KPS

KPS confirms its forecast for the 2021/2022 financial year

KPS confirms its forecast for the financial year 2021/2022 and remains optimistic that the positive order situation will continue throughout the rest of the year. KPS expects to be able to increase revenue in the financial year 2021/2022 in the mid to high single-digit percentage range compared to the previous year 2020/2021. In addition, the Executive Board expects to be able to achieve an EBITDA at least at the level of the previous year 2020/2021.

KPS is optimistic that it will return to a sustainable growth path via its Instant Platforms innovations. Accordingly, KPS expects to continue to selectively invest in talent and people as the year progresses.

The forecast is based on currently available data and information. KPS points out that the uncertainties caused by the war in Ukraine and the related macroeconomic downturn in Europe have increased and could potentially have a negative impact on customer behaviour should the situation deteriorate further.

The 2021/2022 half-year report is available for Download.

16 May 2022

KPS AG


The Executive Board


About KPS
KPS is Europe’s leading transformation consultancy for customer centric companies who want to realign their business processes and technologies to support their strategic goals. KPS delivers holistic solutions for each individual digital dimension - Digital Strategy, Digital Customer Interaction and Digital Enterprise. KPS provides their clients with end-to-end services and seamlessly integrates technology with business processes. In a digital world, the capability to execute projects faster is a clear and significant competitive advantage: The KPS Instant-Transformation methodology accelerates projects. With around 1,200 consultants in 9 countries, KPS continues to expand its market position through ground-breaking digital projects.

Reshape and transform rapidly. Your business in a digital world. www.kps.com

KPS AG
Beta-Straße 10H
85774 Unterföhring
Telephone: +49 (0) 89 356 31-0
E-mail: ir@kps.com


16.05.2022 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

Company:

KPS AG

Beta-Str. 10 h

85774 Unterföhring

Germany

Phone:

+49 (0)89 356 31-0

Fax:

+49 (0)89 356 31-3300

E-mail:

ulrike.schaefer@kps.com

Internet:

www.kps.com

ISIN:

DE000A1A6V48

WKN:

A1A6V4

Listed:

Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange

EQS News ID:

1351439


 

End of News

DGAP News Service

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