DATAGROUP SE Reports Audited Consolidated Earnings Results for the Year 2018
January 22, 2019 at 08:22 am EST
Share
DATAGROUP SE reported audited consolidated earnings results for the year 2018. Revenue and operating earnings achieved new all-time-highs, while EBITDA margin is already approaching the target aimed for in 2020/21. Generating revenue of €272.1 million against €223.1 million a year ago. In comparison to the previous year, revenue grew by 21.9 %, and operating earnings improved even more (+27.4 %) on an unchanged ratio of service revenues (81 %). Earnings before interest and taxes (EBIT) were up 9.9 % and reached €20.4 million (€18.6 million). Net income rose by 15 % to €12.9 million against €11.2 million a year ago, earnings per share were €1.55 against €1.41 a year ago.
Datagroup SE is Germany-based information technology (IT) service provider. Its service and product portfolio includes IT Consultation, which includes IT landscape transformation and IT landscape consulting; System Integration, such as mobile solutions, software development and interactive voice response language portals; Systems, Applications and Product (SAP) solutions, including SAP application lifecycle management, SAP business solutions, SAP Hana and SAP landscape transformation, as well as training and workshops. The Company offers CORBOX, a modul-based solution for IT outsourcing, including data center services, network services, end user services, application management services, SAP services, printing services, communication and collaboration services, big data services, service desk, security services, monitoring services, robotic process automation and continuity services.