RCS - PSI Software SE - PSI still on growth track after six months

PSI Software SEAnnouncement

30/07/2025 15:00

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RNS Number : 2443T  PSI Software SE  30 July 2025

 PSI Software SE / Key word(s): Half Year Results/Half Year Report

PSI still on growth track after six months

30.07.2025 / 15:04 CET/CEST

The issuer is solely responsible for the content of this announcement.

PSI still on growth track after six months

- New orders of 210 million euros, 36% above the same period of the previous
 year

- Revenue increased by 18% to 132.9 million euros

- Adjusted operating result of 3.5 million euros in line with expectations

Performance indicators (KEUR)  Jan. 1 - June 30, 2025  Jan. 1 - June 30, 2024  Change
 Sales                          132,896                 112,297                 +18.3%
 Adjusted EBIT                  3,514                   −19,412                 >100%
 EBIT                           2,105                   −19,412                 >100%
 Group net result               −1,428                  −22,551                 +93.7%
 Earnings per share (EUR)       −0.09                   −1.46                   +93.8%

Berlin, July 30, 2025 - PSI Group increased new orders by 36.4% to 210 million
 euros in the first half of 2025 (June 30, 2024: 154 million euros) and thus
 recorded new orders of more than 200 million euros in the first half of the
 year. At 206 million euros, the order backlog on June 30, 2025 was
 approximately at the previous year's level (June 30, 2024: 211 million euros)
 despite the sale of the Mobility business. Group revenues improved by 18.3% to
 132.9 million euros (June 30, 2024: 112.3 million euros). At 3.5 million
 euros, the operating result adjusted for restructuring and mergers &
 acquisitions costs (adjusted EBIT) was in line with expectations, the
 non-adjusted operating result (EBIT) reached 2.1 million euros, after being
 significantly impacted by the cyberattack in the same period of the previous
 year (June 30, 2024: −19.4 million euros). The consolidated result was
 correspondingly −1.4 million euros (June 30, 2024: −22.6 million euros).

The Grid & Energy Management segment achieved 26.9% higher revenue of 61.1
 million euros (June 30, 2024: 48.2 million euros) and a positive operating
 result of 2.2 million euros (June 30, 2024: −14.8 million euros).

Revenue in the Process Industries & Metals segment increased by 15.9% to
 35.3 million euros (June 30, 2024: 30.5 million euros). The segment's
 operating result improved to 0.9 million euros (June 30, 2024: −0.1 million
 euros).

At 16.7 million euros, revenue in the Discrete Manufacturing segment was 27.3%
 higher than in the previous year (June 30, 2024: 13.1 million euros). The
 operating result improved to 0.4 million euros (June 30, 2024: −0.7 million
 euros).

The Logistics segment increased revenue by 19.6% to 17.1 million euros (June
 30, 2024: 14.3 million euros) and achieved an operating result of 0.6 million
 euros (June 30, 2024: −0.9 million euros).

The number of employees in the Group increased slightly to 2,351 (June 30,
 2024: 2,324) due to targeted recruitment and following the sale of the
 Mobility division. Cash flow from operating activities amounted to 7.6 million
 euros (June 30, 2024: −17.6 million euros), so that cash and cash
 equivalents increased to 31.2 million euros compared to the end of 2024
 (December 31, 2024: 26.5 million euros).

As part of the "PSI Reloaded" transformation program, the Group's new
 organizational structure was implemented on December 1, 2024. Since the first
 quarter of 2025, PSI has been focusing more strongly on exploiting the synergy
 effects from the reorganization. In the Grid & Energy Management segment,
 in addition to measures to focus the product portfolio and improve efficiency
 in professional services and maintenance, a cost-cutting program was initiated
 in the second quarter of 2025 as announced. The program will result in one-off
 expenses that will burden the 2025 financial year with a high single-digit
 million amount. PSI expects that significant savings can be achieved from 2026
 as a result of the cost reduction program.

Overall, the management continues to expect new orders and revenues to grow by
 around 10% and an adjusted EBIT margin of around 4% for 2025.

The PSI Group develops software products for optimizing the flow of energy
 and materials for utilities and industry. As an independent software producer
 with more than 2,300 employees, PSI has been a technology leader since 1969
 for process control systems that ensure sustainable energy supply, production
 and logistics by combining AI methods with industrially proven optimization
 methods. The innovative industry products can be operated on-premises or in
 the cloud. www.psi.de

Contact:

PSI Software SE

Karsten Pierschke

Head of Investor Relations and Corporate Communications

Dircksenstraße 42-44

10178 Berlin

Germany

Tel. +49 30 2801-2727

Email: kpierschke@psi.de

30.07.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News
 - a service of EQS Group.

The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements,
 Financial/Corporate News and Press Releases.

Archive at www.eqs-news.com

Berlin, July 30, 2025 - PSI Group increased new orders by 36.4% to 210 million
euros in the first half of 2025 (June 30, 2024: 154 million euros) and thus
recorded new orders of more than 200 million euros in the first half of the
year. At 206 million euros, the order backlog on June 30, 2025 was
approximately at the previous year's level (June 30, 2024: 211 million euros)
despite the sale of the Mobility business. Group revenues improved by 18.3% to
132.9 million euros (June 30, 2024: 112.3 million euros). At 3.5 million
euros, the operating result adjusted for restructuring and mergers &
acquisitions costs (adjusted EBIT) was in line with expectations, the
non-adjusted operating result (EBIT) reached 2.1 million euros, after being
significantly impacted by the cyberattack in the same period of the previous
year (June 30, 2024: −19.4 million euros). The consolidated result was
correspondingly −1.4 million euros (June 30, 2024: −22.6 million euros).

The Grid & Energy Management segment achieved 26.9% higher revenue of 61.1
million euros (June 30, 2024: 48.2 million euros) and a positive operating
result of 2.2 million euros (June 30, 2024: −14.8 million euros).

Revenue in the Process Industries & Metals segment increased by 15.9% to
35.3 million euros (June 30, 2024: 30.5 million euros). The segment's
operating result improved to 0.9 million euros (June 30, 2024: −0.1 million
euros).

At 16.7 million euros, revenue in the Discrete Manufacturing segment was 27.3%
higher than in the previous year (June 30, 2024: 13.1 million euros). The
operating result improved to 0.4 million euros (June 30, 2024: −0.7 million
euros).

The Logistics segment increased revenue by 19.6% to 17.1 million euros (June
30, 2024: 14.3 million euros) and achieved an operating result of 0.6 million
euros (June 30, 2024: −0.9 million euros).

The number of employees in the Group increased slightly to 2,351 (June 30,
2024: 2,324) due to targeted recruitment and following the sale of the
Mobility division. Cash flow from operating activities amounted to 7.6 million
euros (June 30, 2024: −17.6 million euros), so that cash and cash
equivalents increased to 31.2 million euros compared to the end of 2024
(December 31, 2024: 26.5 million euros).

As part of the "PSI Reloaded" transformation program, the Group's new
organizational structure was implemented on December 1, 2024. Since the first
quarter of 2025, PSI has been focusing more strongly on exploiting the synergy
effects from the reorganization. In the Grid & Energy Management segment,
in addition to measures to focus the product portfolio and improve efficiency
in professional services and maintenance, a cost-cutting program was initiated
in the second quarter of 2025 as announced. The program will result in one-off
expenses that will burden the 2025 financial year with a high single-digit
million amount. PSI expects that significant savings can be achieved from 2026
as a result of the cost reduction program.

Overall, the management continues to expect new orders and revenues to grow by
around 10% and an adjusted EBIT margin of around 4% for 2025.

The PSI Group develops software products for optimizing the flow of energy
and materials for utilities and industry. As an independent software producer
with more than 2,300 employees, PSI has been a technology leader since 1969
for process control systems that ensure sustainable energy supply, production
and logistics by combining AI methods with industrially proven optimization
methods. The innovative industry products can be operated on-premises or in
the cloud. www.psi.de

Contact:

PSI Software SE

Karsten Pierschke

Head of Investor Relations and Corporate Communications

Dircksenstraße 42-44

10178 Berlin

Germany

Tel. +49 30 2801-2727

Email: kpierschke@psi.de

 

30.07.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News
- a service of EQS Group.

The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.

Archive at www.eqs-news.com

 Language:     English
 Company:      PSI Software SE
               Dircksenstraße 42-44
               10178 Berlin
               Germany
 Phone:        +49 (0)30 2801-0
 Fax:          +49 (0)30 2801-1000
 E-mail:       ir@psi.de
 Internet:     www.psi.de
 ISIN:         DE000A0Z1JH9
 WKN:          A0Z1JH
 Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in
               Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
 EQS News ID:  2177006

 

 End of News  EQS News Service

2177006  30.07.2025 CET/CEST

 

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