RCS - PSI Software SE - PSI with record volume of new orders

PSI Software SEAnnouncement

Yesterday 09:01

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RNS Number : 8067G  PSI Software SE  30 April 2025

 PSI Software SE / Key word(s): Quarter Results/Quarterly / Interim Statement

PSI with record volume of new orders in the first quarter of 2025

30.04.2025 / 09:23 CET/CEST

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

PSI with record volume of new orders in the first quarter of 2025

- New orders of 158 million euros, 66% above the same quarter of the previous
 year

- Revenue increases by 35% to 67.9 million euros

- Operating result of 2.1 million euros in line with expectations

Performance indicators (KEUR)  Jan. 1 - March 31, 2025  Jan. 1 - March 31, 2024  Change
 Sales                          67,902                   50,268                   +35.1%
 EBIT                           2,145                    −14,788                  >100%
 Group net result               271                      −16,410                  >100%
 Earnings per share (EUR)       0.02                     −1.06                    >100%

Berlin, April 30, 2024 - PSI Group increased new orders by 66.3% to 158
 million euros in the first quarter of 2025 (March 31, 2024: 95 million euros)
 and thus recorded new orders of over one hundred and fifty million euros in
 one quarter for the first time. At 223 million euros, the order backlog on
 March 31, 2025 was 5.2% higher than the previous year's figure (March 31,
 2024: 212 million euros) despite the sale of the Mobility business. Group
 revenues improved by 35.1% to 67.9 million euros (March 31, 2024: 50.3 million
 euros). At 2.1 million euros, the operating result (EBIT) was in line with
 expectations (March 31, 2024: −14.8 million euros) after being significantly
 impacted by the cyberattack in the same quarter of the previous year. The
 consolidated result was correspondingly 0.3 million euros (March 31, 2024:
 −16.4 million euros).

The Grid & Energy Management segment achieved 35.9% higher revenue of 30.2
 million euros (March 31, 2024: 22.2 million euros) and a positive operating
 result of 1.5 million euros (March 31, 2024: −9.2 million euros).

Revenue in the Process Industries & Metals segment increased by 36.9% to
 19.2 million euros (March 31, 2024: 14.0 million euros). The segment's
 operating result improved to 0.8 million euros (March 31, 2024: −0.7
 million euros).

At 7.8 million euros, revenue in the Discrete Manufacturing segment was 28.3%
 higher than in the previous year (March 31, 2024: 6.1 million euros). The
 operating result improved to −0.1 million euros (March 31, 2024: −1.2
 million euros).

The Logistics segment increased revenue by 39.4% to 8.2 million euros (March
 31, 2024: 5.9 million euros) and achieved a balanced operating result (March
 31, 2024: −1.3 million euros).

The number of employees in the Group increased slightly to 2,339 (March 31,
 2024: 2,335) due to targeted recruitment and the sale of the Mobility
 division. Cash flow from operating activities amounted to 10.6 million euros
 (March 31, 2024: 15.9 million euros), so that cash and cash equivalents
 increased to 32.5 million euros compared to the end of 2024 (December 31,
 2024: 26.5 million euros), while current financial liabilities were reduced to
 8.2 million euros (December 31, 2024: 21.1 million euros).

With record new orders of 158 million euros, the PSI Group has made a good
 start to 2025 and has won significant major orders from existing customers and
 orders from new customers in the first quarter. In addition, PSI has taken the
 first successful steps towards the cloud transformation of its business model
 and has gained a strategic partner for the transformation process in Google
 Cloud.

The PSI Executive Board therefore continues to expect growth in new orders and
 revenues of around 10% for the year as a whole and an adjusted EBIT margin of
 around 4% despite the investments in the new cloud/SaaS-based products.

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

30.04.2025 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, April 30, 2024 - PSI Group increased new orders by 66.3% to 158
million euros in the first quarter of 2025 (March 31, 2024: 95 million euros)
and thus recorded new orders of over one hundred and fifty million euros in
one quarter for the first time. At 223 million euros, the order backlog on
March 31, 2025 was 5.2% higher than the previous year's figure (March 31,
2024: 212 million euros) despite the sale of the Mobility business. Group
revenues improved by 35.1% to 67.9 million euros (March 31, 2024: 50.3 million
euros). At 2.1 million euros, the operating result (EBIT) was in line with
expectations (March 31, 2024: −14.8 million euros) after being significantly
impacted by the cyberattack in the same quarter of the previous year. The
consolidated result was correspondingly 0.3 million euros (March 31, 2024:
−16.4 million euros).

The Grid & Energy Management segment achieved 35.9% higher revenue of 30.2
million euros (March 31, 2024: 22.2 million euros) and a positive operating
result of 1.5 million euros (March 31, 2024: −9.2 million euros).

Revenue in the Process Industries & Metals segment increased by 36.9% to
19.2 million euros (March 31, 2024: 14.0 million euros). The segment's
operating result improved to 0.8 million euros (March 31, 2024: −0.7
million euros).

At 7.8 million euros, revenue in the Discrete Manufacturing segment was 28.3%
higher than in the previous year (March 31, 2024: 6.1 million euros). The
operating result improved to −0.1 million euros (March 31, 2024: −1.2
million euros).

The Logistics segment increased revenue by 39.4% to 8.2 million euros (March
31, 2024: 5.9 million euros) and achieved a balanced operating result (March
31, 2024: −1.3 million euros).

The number of employees in the Group increased slightly to 2,339 (March 31,
2024: 2,335) due to targeted recruitment and the sale of the Mobility
division. Cash flow from operating activities amounted to 10.6 million euros
(March 31, 2024: 15.9 million euros), so that cash and cash equivalents
increased to 32.5 million euros compared to the end of 2024 (December 31,
2024: 26.5 million euros), while current financial liabilities were reduced to
8.2 million euros (December 31, 2024: 21.1 million euros).

With record new orders of 158 million euros, the PSI Group has made a good
start to 2025 and has won significant major orders from existing customers and
orders from new customers in the first quarter. In addition, PSI has taken the
first successful steps towards the cloud transformation of its business model
and has gained a strategic partner for the transformation process in Google
Cloud.

The PSI Executive Board therefore continues to expect growth in new orders and
revenues of around 10% for the year as a whole and an adjusted EBIT margin of
around 4% despite the investments in the new cloud/SaaS-based products.

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

 

30.04.2025 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:  2127328

 

 

 End of News  EQS News Service

 

2127328  30.04.2025 CET/CEST

 

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