UK Markets closed

KPS AG (0M2T.L)

LSE - LSE Delayed price. Currency in EUR
Add to watchlist
5.20+5.20 (+3.29%)
At close: 4:29PM GMT
Full screen
Previous close0.00
Open5.20
Bid0.00 x 0
Ask0.00 x 0
Day's range5.20 - 5.20
52-week range5.20 - 5.20
Volume22
Avg. volumeN/A
Market cap220.826M
Beta (5Y monthly)1.37
PE ratio (TTM)26.13
EPS (TTM)0.20
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target estN/A
  • EQS Group

    KPS off to a solid start in the new financial year 2020/2021

    DGAP-News: KPS AG / Key word(s): Quarterly / Interim Statement12.02.2021 / 07:29 The issuer is solely responsible for the content of this announcement.KPS OFF TO A SOLID START IN THE NEW FINANCIAL YEAR 2020/2021 KPS continues with robust EBITDA in Q1 2020/2021 Group sales amounted to 36.3 million euros EBITDA amounting to 5.3 million euros achievedUnterföhring/Munich, 12 February 2021 - KPS AG (WKN: A1A6V4 / ISIN: DE000A1A6V48), Europe's leading consulting firm for digital transformation and process optimisation in retail, generated sales in the amount of 36.3 million euros in the first quarter of the business year 2020/2021.In line with expectations, sales lagged 19% behind the sales for the comparable year-earlier period (44.7 million euros) owing to the sustained impacts arising from the COVID-19 pandemic. It should be noted here that the first quarter in the previous year (1 October to 31 December 2019) was still not influenced by the COVID-19 pandemic. Key drivers for the sales development continued to be the impacts of the COVID-19 pandemic on the business situation of a number of customers. Individual customers continued to ask for project breaks and project postponements. The demand for e-commerce services from KPS continued to be at a high level. The demand for ERP projects continued to remain restrained.In the currently challenging environment, KPS once again succeeded in generating a comparatively robust EBITDA in the amount of 5.3 million euros in the first quarter of 2020/2021. This corresponds to a fall compared with the year-earlier period of 11.0 %. Once more, this demonstrated that the business model of KPS has effective stabilisers anchored in place, such as flexible cost structures and the capability to respond quickly to changed market conditions. The EBITDA margin improved from 13.2% in the first quarter of 2019/2020 to 14.6% in the reporting period under review.EBIT amounted to 3.3 million euros (Q1 2019/2020: 4.0 million euros) and the EBIT margin remained virtually unchanged at 9.1% (Q1 2019/2020: 9.2%) compared with the year-earlier period. Earnings after income taxes were 2.1 million euros (Q1 2019/2020: 2.8 million euros).Based on the data available and the current information, KPS confirms the expectation for the current business year and estimates that it will be able to achieve sales at the level of the business year 2019/2020 in the business year 2020/21. Furthermore, the Executive Board assumes that EBITDA will be able to undergo a moderate increase compared with the previous year.12 February 2021KPS AGThe Executive BoardAbout KPSKPS is Europe's leading transformation consultancy for companies who want to radically focus on the customer and realign their business processes and technologies accordingly. KPS delivers everything from a single source: strategy consulting, industry-specific process chains as well as the implementation of the latest technologies. KPS is one of the few consulting partners who advise their clients end-to-end and integrate ERP, B2B and B2C commerce with Marketing & Sales processes. Especially in a digital world, the capability to execute projects faster is a clear and significant competitive advantage: The KPS Rapid-Transformation(R) methodology accelerates projects by up to 50 %. With around 1,300 consultants in 14 countries, KPS continues to expand its market position by delivering successful digital and technological transformation projects.Reshape and transform rapidly. Your business in a digital world. www.kps.com KPS AGBeta-Straße 10H85774 UnterföhringTelefon: +49 (0) 89 356 31-0Telefax: +49 (0) 89 356 31-3300E-Mail: ir@kps.comcometis AGMatthias KunzUnter den Eichen 765195 WiesbadenPhone: +49 (0) 611 20 5855-64e-mail: kunz@cometis.de12.02.2021 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: 1167891 End of News DGAP News Service

  • EQS Group

    KPS WITH COMPARATIVELY ROBUST RESULTS IN FINANCIAL YEAR 2019/2020

    DGAP-News: KPS AG / Key word(s): Annual Results22.01.2021 / 08:51 The issuer is solely responsible for the content of this announcement.KPS WITH COMPARATIVELY ROBUST RESULTS IN FINANCIAL YEAR 2019/2020 Business model and strategy have proved their resilience during the COVID-19 crisis Group revenue at EUR 166.4m - 7.9% down on the previous FY EBITDA of EUR 22.7m achieved (Partially comparable to previous FY owing to IFRS 16). Cash generation remains at a comparatively high level. Cost base reduced by EUR 10mUnterföhring/Munich, 22 January 2021 - KPS AG (WKN: A1A6V4 / ISIN: DE000A1A6V48), Europe's leading consultancy for digital transformation and process optimisation in commerce, achieved a turnover of EUR 166.4m in the recently concluded FY2019/2020 and was as a result 7.9% under the figure of the previous FY (EUR 180.7m). Particularly pleasing were the developments in KPS' international transformation projects. International revenues increased by 7.7% to EUR 82.8m. EBITDA was at EUR 22.7m. Included was a one-off positive impact from the first time use of IFRS 16 ("Leasing") of EUR 5.3m and was therefore only partially comparable with the EBITDA of the previous FY (EUR 22.6m).Business model and strategy proved their resilienceOur business model and strategy proved themselves during the COVID-19 crisis. KPS AG's business model and strategy are geared towards increasingly delivering digitalisation solutions "remotely" and significantly reducing the number of consultants on-site. Consequently, with the escalation of the COVID-19 pandemic at the beginning of March 2020, KPS was in the position to quickly reorganise its processes and enable its employees to work from home. As a consequence, KPS was able to transfer existing projects seamlessly into a "remote" mode in close cooperation and with the agreement of clients. Owing to the high strategic relevance KPS has for its clients, transformation projects that had already been initiated could also be continued despite the challenges created by the COVID-19 pandemic.KPS benefitted from an increase in its international business and as a result continued to improve the quality of the revenue structure. In the recently concluded FY, KPS achieved close to 50% of its revenues with international projects and 80% of revenues with more than 30 clients.Strict cost management and flexible cost structure compensated for the decrease in revenues. Some clients requested a project hiatus or postponement owing to the pandemic. KPS was able to partially compensate for the decline in sales through strict cost management and flexible cost structures. In the past fiscal year, the cost base was reduced by EUR 10m compared to the same period in the previous year.KPS achieved an EBIT of EUR 14.1m (Previous FY: EUR 18.8m) and an annual net profit of EUR 8.1m (Previous FY: EUR 12.2m).Cash generation remains at a comparatively solid level.In FY 2019/2020 KPS achieved a free cashflow of EUR 13.1m. (payments for leasing obligations are taken into account) (2018/2019: EUR 20.6m). That corresponds to a cash conversion measured by free cash flow to EBITDA (adjusted for payments for leasing obligations) of a solid 75.8% (2018/2019: 93.5%).Dividend proposal of 17 Euro CentsAt the annual general meeting on 21.05.2021 the supervisory board and the board will propose a dividend of 0.17 Euro per share. The dividend proposal takes into account the annual accounts and the continuing uncertainties generated by the COVID-19 crisis.Outlook for FY 2020/2021Based on data currently available to the board, KPS estimates a revenue for FY 2020/2021 at the level of FY 2019/2020. The board assumes that it will be able to moderately increase EBITDA. The projections are afflicted by great uncertainties as it is very difficult to predict the future of the COVID-19 pandemic, the success of the vaccine campaign and the effect that the lockdown and the social distancing measures will have. With this in mind, the behaviour of existing and potential clients can change.Extension of the Contract with Leonardo MussoLeonardo Musso has been a member of the Executive Board since January 2015 and Chairman of the KPS AG Executive Board since December 2016. He is one of four founding members and a KPS AG shareholder (holding 10% of the outstanding shares). Leonardo Musso has significantly enhanced the development of the company in recent years and has kept the company on course, especially in the past year. Since the appointment of Leonardo Musso, the KPS Group has increased sales by 60%.In the Supervisory Board meeting on January 21, 2021, the Supervisory Board agreed on an early extension of the Executive Board contract with Leonardo Musso and reappointed him as KPS AG CEO for another five years, i.e. until December 31, 2026. In doing so, the Supervisory Board highlights the particular importance of stability and continuity, especially in times that are characterized by unexpected developments such as the COVID-19 pandemic.Well positioned for the current challenges and the future. Upon the deadline on 30.09.2020 the KPS-Group had a strong balance sheet and financial resources at its disposal. The equity ratio of KPS was 38.1%. As of the reporting date the group had cash and cash equivalents of EUR 20.1m as well as further undrawn and guaranteed credit lines. The financial net debt level remains at a low level of EUR 12.5m.The supervisory board and the board view the KPS-group as excellently positioned to face the current challenges as well as take full advantage of the future opportunities digitalisation will bring.In addition, the continuing internationalisation of the group, the ever-increasing innovation of KPS's digitalisation solutions, the high relevance KPS has for its clients in their transformation as they move into the digital age, the excellent skills of its employees as well as its solid financial situation and earning power mean that KPS is well positioned to face the future.The comprehensive report for 2019/2020 is available for download with immediate effect at www.kps.com.22 January 2021KPS AGThe Executive BoardAbout KPSKPS is Europe's leading transformation consultancy for companies who want to radically focus on the customer and realign their business processes and technologies accordingly. KPS delivers everything from a single source: strategy consulting, industry-specific process chains as well as the implementation of the latest technologies. KPS is one of the few consulting partners who advise their clients end-to-end and integrate ERP, B2B and B2C commerce with Marketing & Sales processes. Especially in a digital world, the capability to execute projects faster is a clear and significant competitive advantage: The KPS Rapid-Transformation(R) methodology accelerates projects by up to 50 %. With around 1,000 consultants in 12 countries, KPS continues to expand its market position by delivering successful digital and technological transformation projects.Reshape and transform rapidly. Your business in a digital world. www.kps.com KPS AGBeta-Straße 10H85774 UnterföhringTelefon: +49 (0) 89 356 31-0Telefax: +49 (0) 89 356 31-3300E-Mail: ir@kps.comcometis AGMatthias KunzUnter den Eichen 765195 WiesbadenPhone: +49 (0) 611 20 5855-64e-mail: kunz@cometis.de22.01.2021 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: 1162450 End of News DGAP News Service

  • EQS Group

    KPS AG: Adjustment of the dividend for the financial year 2018/2019 to EUR 0,17

    KPS AG / Key word(s): Dividend KPS AG: Adjustment of the dividend for the financial year 2018/2019 to EUR 0,17 26-Aug-2020 / 17:09 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. * * *KPS AG: Adjustment of the dividend for the financial year 2018/2019 to EUR 0,17 The Management Board and the Supervisory Board of KPS AG today resolved to propose to the Annual General Meeting on 25 September 2020 to distribute a dividend of EUR 0,17 per share for the financial year 2018/2019. Thus, the Company's management is adjusting the proposal for the distribution of profit of EUR 0.35 per share previously announced for the 2018/2019 financial year. Because the effects of the COVID-19 pandemic cannot yet be estimated with sufficient accuracy, avoiding the liquidity outflow in the amount of the originally intended dividend payment is an essential component in order to be able to react flexibly to current developments.Leonardo Musso Sole member of Management BoardUnterföhring, 26 August 2020Contact: KPS AG Beta Street 10H 85774 Unterföhring Phone: +49 (0) 89 356 31-0 Fax: +49 (0) 89 356 31-3300 E-Mail: ir@kps.com* * *26-Aug-2020 CET/CEST 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: 1123697 End of Announcement DGAP News Service