Overview
German software provider's preliminary Q1 revenue grew 19% yr/yr
Preliminary Q1 EBIT nearly doubled, margin improved to over 19%
Company attributes growth to above-average increase in software sales
Outlook
SNP confirms 2026 outlook for revenue growth in mid to high single-digit percentage range
Company expects 2026 EBIT to rise in low double-digit percentage range
SNP cites ongoing macroeconomic uncertainties in maintaining its outlook
Result Drivers
SOFTWARE SALES - Co said strong growth in sales and earnings was primarily due to an above-average increase in software sales
ORDER ENTRY GROWTH - Co reported higher order entry in Q1, indicating continued demand
Company press release: ID:nEQdlYKNa
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 EBIT Margin
19%
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the it services & consulting peer group is "buy."
Wall Street's median 12-month price target for SNP Schneider-Neureither & Partner SE is €79.00, about 4.8% below its April 16 closing price of €83.00
The stock recently traded at 24 times the next 12-month earnings vs. a P/E of 23 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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