SEVEN PRINCIPLES AG (7P), a German IT consulting and services company with a focus on the digitalisation of business processes, closes the 2022 financial year with roughly stable revenue and significant earnings growth.
With consolidated revenue of approximately EUR 80.9 million (2021: approximately EUR 79.9 million), the company achieved EBITDA of approximately EUR 4.5 million (2021: approximately EUR 3.4 million), EBIT of approximately EUR 3.7 million (2021: approximately EUR 2.6 million) and consolidated net income of approxi-mately EUR 2.4 million (2021: approximately EUR 1.9 million). At the same time, financial debts were reduced by EUR 2 million to approximately EUR 2.1 million in the course of the financial year
Board member Michael Pesch comments: I am proud of our team, which despite increasing pressure from inflation and fluctuations in demand in the second half of the year, unwaveringly implemented our strategy and exceeded expectations once again.
The 2022 annual financial statements are available for download on the 7p-group.com website under Investor Relations in the Financial Reports section.
Enabling Your Digital Business: For SEVEN PRINCIPLES AG, headquartered in Cologne, this means standing by your side and realising your digital business models. Our three subsidiaries, Seven Principles Solutions & Consulting GmbH, Seven Principles Mobility GmbH and intomarkets GmbH have made it their mission to make your business more sustainable and digital. We help you through your digital transformation. With around 400 colleagues working at several locations in Germany and throughout Europe, we provide innovative IT solutions.
Important note: This announcement constitutes neither an offer to sell nor a solicitation of an offer to buy or to subscribe for securities. This communication does not constitute a securities prospectus. This communication and the information contained in it are not for distribution, directly or indirectly, within or into the United States of America, Canada, Australia or Japan.