SNP Schneider-Neureither & Partner SE (0NJB.L)
| Previous close | 52.70 |
| Open | 53.20 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 52.80 - 53.20 |
| 52-week range | 52.80 - 53.20 |
| Volume | 178 |
| Avg. volume | N/A |
| Market cap | 338.84M |
| Beta (5Y monthly) | 0.57 |
| PE ratio (TTM) | 221.34 |
| EPS (TTM) | 0.24 |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- EQS Group
SNP Expands Portfolio by Acquiring Software Specialist EXA AG
DGAP-News: SNP Schneider-Neureither & Partner SE / Key word(s): Strategic Company Decision25.02.2021 / 07:07 The issuer is solely responsible for the content of this announcement.SNP Expands Portfolio by Acquiring Software Specialist EXA AG- Acquisition strengthens SNP SE's expertise in digital solutions- Increases the share of recurring revenues- Expands the software portfolio through additional solutions- Synergies in the areas of Go-to-Market and product development expectedSNP Schneider-Neureither & Partner SE is expanding its software portfolio in the SAP environment and extending its offering to include additional solutions and services. For that purpose, the company now signed an agreement to acquire 74.9% of Heidelberg-based EXA AG. EXA is a leading provider of transformation solutions in financial management, in particular on the areas of operational transfer pricing and global value chains. EXA's solutions enable companies to manage their supply chains with software support and monitor their internal transfer prices transparently and efficiently. This is a decisive advantage, especially for globally operating companies. In addition, the acquisition will increase the share of recurring revenues within the SNP group.EXA was founded in 2012 and currently employs about 140 people, of which around 30 are based in Germany and around 110 in India."EXA AG is a perfect addition to our existing offering. It strengthens our software segment, deepens value creation and allows us to offer our customers additional solutions that go beyond the actual data transformation," says Michael Eberhardt, CEO of SNP. "We are pleased that Divya Vir Rastogi, CEO and co-founder of EXA, will remain on board and join forces with us to drive the growth of both companies forward.""This step heralds the next stage of EXA's development. Together with SNP, we can open up important markets even faster and are looking forward to the future collaboration. Here, we are also focusing on continuity with regard to our close collaboration with SAP," explains Divya Vir Rastogi. The remaining 25.1% will remain with a company owned by him.From the strategic expansion of its portfolio SNP expects to generate strong synergies in the areas of Go-to-Market and product development which will have a positive impact on earnings of the group.About SNPSNP is a world-leading provider of software for managing complex digital transformation processes. Instead of traditional IT consulting in the ERP environment, SNP offers an automated approach using specially developed software: The Data Transformation Platform CrystalBridge(R) and the SNP BLUEFIELDTM approach allow companies to restructure and modernize their IT landscapes much more quickly and securely as well as migrate to new systems or cloud environments more securely. This gives customers clear qualitative advantages while at the same time reducing their time and costs.The SNP Group has around 1,500 employees worldwide. The company is headquartered in Heidelberg, Germany, and generated preliminary revenues of around EUR 143 million in the 2020 fiscal year. It serves multinational companies in all industries. SNP was established in 1994, went public in 2000, and has been listed in the Prime Standard segment of the Frankfurt Stock Exchange since August 2014 (ISIN DE0007203705) and was admitted to the SDAX(R) in March 2020. Since 2017, the company has been trading as a European company (Societas Europaea/SE).More information is available at www.snpgroup.com SNP contactNicole HuberExecutive Vice President Corporate DevelopmentPhone: +49 6221 6425-920Email: nicole.huber@snpgroup.com25.02.2021 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: SNP Schneider-Neureither & Partner SE Dossenheimer Landstraße 100 69121 Heidelberg Germany Phone: +49 6221 6425 637, +49 6221 6425 172 Fax: +49 6221 6425 20 E-mail: investor.relations@snpgroup.com Internet: www.snpgroup.com ISIN: DE0007203705 WKN: 720370 Indices: SDAX Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange EQS News ID: 1170938 End of News DGAP News Service
- EQS Group
SNP Schneider-Neureither & Partner SE:
DGAP-News: SNP Schneider-Neureither & Partner SE / Key word(s): Alliance22.02.2021 / 08:30 The issuer is solely responsible for the content of this announcement.Corporate NewsSuccessful Launch of "Cloud Move for Azure": SNP Signs Agreement with Microsoft to Expand SAP Cloud Migration Solutions- SNP enters into a strategic alliance to simplify and accelerate SAP customers' journey to SAP on Azure- The alliance includes the new CrystalBridge(R) component "Cloud Move for Azure," SAP on Azure pilots, and predefined SAP on Azure migration packages- As part of a co-development initiative, the companies will continue to work together on new Azure-related software components for CrystalBridge(R)Heidelberg, Germany, February 22, 2021 - Following the successful launch of "Cloud Move for Azure" last year, SNP Schneider-Neureither & Partner SE will deepen its collaboration with Microsoft. The new standalone software component of the SNP data transformation platform CrystalBridge(R) was developed in close cooperation with the cloud experts at Microsoft and has already been used in migration projects. This has led to results in a matter of days instead of weeks and therefore accelerated the assessment phase. The results have prompted Microsoft to expand its collaboration with SNP as its Preferred Partner for SAP on Azure migrations. In turn, Microsoft will be SNP's preferred cloud provider.Microsoft customers planning to move to the cloud can migrate their SAP systems quickly and with minimal risk using the new Cloud Move for Azure software as part of the highly automated CrystalBridge(R) platform while also continuing to benefit from the results of joint development and project work in the future. Looking ahead, the agreement shows that the chosen path is the right one for customers and both partners alike: As part of the agreement, the two companies have therefore concluded far-reaching agreements with the aim of driving co-development, joint go-to-market initiatives, co-selling and delivery as well as leveraging the partner ecosystem for scaling and sustainable growth."The fact that Microsoft has chosen us as its Preferred Partner at a global level validates our work and our powerful software products, which we want to use to continuously drive the success of our customers," says Michael Eberhardt, CEO of SNP. "In return, we chose Microsoft to be our preferred cloud provider because of their long-standing and extensive enterprise customer experience, the trusting collaboration between our organizations in the past few months, and their comprehensive portfolio for digital transformation. Additionally, we see a great level of trust in Microsoft and SNP from customers all over the world, especially in the SAP market. Together with Microsoft, we have set ambitious goals for the next three years and will continue to work together on our cloud migration solution to help Microsoft's SAP customers throughout the world move to the Azure Cloud. It is an exciting project that we are very much looking forward to."Lutz Lambrecht, Vice President SNP Global Partner Management, adds: "Predefined fixed-price packages for the initial Cloud Move for Azure assessments, subsequent proof of concepts, and the migration of SAP workloads will make the customer's journey transparent in the future as well as shorten the transition period. Accordingly, companies can fully concentrate on getting the maximum benefit from their cloud conversion. The SNP BLUEFIELD(TM) approach, which makes it possible to move to Azure and to SAP S/4HANA at the same time, offers them an enormous advantage here. This is because it allows companies to quickly reap all the benefits of new technologies for their business processes."João Couto, Vice President for SAP Business Unit at Microsoft, explains: "We see a tremendous market opportunity to support SAP customers in accelerating their transformation journey to SAP S/4HANA and the cloud, and SNP is uniquely positioned to help in precisely this area. As a result, we have now chosen SNP as our Preferred Partner for moving SAP customers to the Azure Cloud quickly and securely. By leveraging SNP's solutions and capabilities, we can provide our customers with a simplified and accelerated path to SAP S/4HANA on Azure. The integrated approach and close agreement between SAP, SNP and Microsoft provide SAP customers with extremely reliable planning and a highly automated solution, allowing them to focus on the real innovation potential and business opportunities created by SAP RISE, SAP S/4HANA and Azure as an intelligent platform."About SNPSNP is a world-leading provider of software for managing complex digital transformation processes. Instead of traditional IT consulting in the ERP environment, SNP offers an automated approach using specially developed software: The Data Transformation Platform CrystalBridge(R) and the SNP BLUEFIELDTM approach allow companies to restructure and modernize their IT landscapes much more quickly and securely as well as migrate to new systems or cloud environments more securely. This gives customers clear qualitative advantages while at the same time reducing their time and costs.The SNP Group has around 1,500 employees worldwide. The company is headquartered in Heidelberg, Germany, and generated preliminary revenues of around EUR 143 million in the 2020 fiscal year. It serves multinational companies in all industries. SNP was established in 1994, went public in 2000, and has been listed in the Prime Standard segment of the Frankfurt Stock Exchange since August 2014 (ISIN DE0007203705) and was admitted to the SDAX(R) in March 2020. Since 2017, the company has been trading as a European company (Societas Europaea/SE).More information is available at www.snpgroup.comSNP contactNicole HuberExecutive Vice President Corporate DevelopmentPhone: +49 6221 6425-920Email: nicole.huber@snpgroup.com22.02.2021 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: SNP Schneider-Neureither & Partner SE Dossenheimer Landstraße 100 69121 Heidelberg Germany Phone: +49 6221 6425 637, +49 6221 6425 172 Fax: +49 6221 6425 20 E-mail: investor.relations@snpgroup.com Internet: www.snpgroup.com ISIN: DE0007203705 WKN: 720370 Indices: SDAX Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange EQS News ID: 1169852 End of News DGAP News Service
- EQS Group
SNP SE Publishes Provisional Figures for 2020 Fiscal Year - EBIT Margin Below Expectations
SNP Schneider-Neureither & Partner SE / Key word(s): Preliminary Results/ForecastSNP SE Publishes Provisional Figures for 2020 Fiscal Year - EBIT Margin Below Expectations15-Jan-2021 / 12:21 CET/CESTDisclosure 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.SNP SE Publishes Provisional Figures for 2020 Fiscal Year - EBIT Margin Below ExpectationsBased on preliminary figures, SNP Schneider-Neureither & Partner SE generated revenue of approximately € 37 million and EBIT of approximately € 1 in the fourth quarter of 2020. The annual revenue adds up to approximately € 143 million for the 2020 fiscal year which is roughly at the same level as in the previous year (€ 145 million). The sales expectation of € 145 - 170 million is therefore basically met. The company achieved an EBIT for the 2020 fiscal year of approximately € 1 million, which corresponds to a slightly positive EBIT margin. The expected EBIT margin in the mid-single-digit percentage range could not be achieved. The deviation was mainly due to a partnership agreement with a leading international IT service provider, which, contrary to expectations, did not materialize as well as project postponements from the fourth quarter of 2020 to 2021.Order entry for 2020 was approximately € 185 million (previous year: € 201 million) and the book-to-bill at 1.3.For the 2021 fiscal year, the Company expects revenue growth to € 160-180 million based on a global increase in willingness to invest. Depending on the progress of the global measures to combat the COVID-19 pandemic, the target for the EBIT margin is between 5% and 8%. The planned sale of the Polish subsidiary to the All for One Group SE is not included in this forecast.The information is based on provisional and unaudited Group figures. The audited Annual Report for 2020 will be published on March 30, 2021 Contact Investor RelationsSNP Schneider-Neureither & Partner SEChristoph MarxHead of Investor RelationsTelephone: +49 6221 6425 - 172E-Mail: christoph.marx@snpgroup.com15-Jan-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de Language: English Company: SNP Schneider-Neureither & Partner SE Dossenheimer Landstraße 100 69121 Heidelberg Germany Phone: +49 6221 6425 637, +49 6221 6425 172 Fax: +49 6221 6425 20 E-mail: investor.relations@snpgroup.com Internet: www.snpgroup.com ISIN: DE0007203705 WKN: 720370 Indices: SDAX Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange EQS News ID: 1160941 End of Announcement DGAP News Service
