SEVEN PRINCIPLES AG (7P), a German IT consulting and services company undergoing transformation with a focus on the digitalization of business processes, expects to close the 2024 financial year better than previously forecast.
According to the unaudited half-year results, the company achieved consolidated revenue of around EUR 34.1 million (previous year: approx. EUR 37.2 million) and EBIT of around EUR 1.1 million (previous year: approx. EUR 0.2 million). Based on these results, the annual forecast has been adjusted as follows:
For the 2024 financial year, revenue and gross profit are expected to be at the lower end of the previous forecast ranges of EUR 65 – 70 million (revenue) and EUR 40 – 44 million (gross profit). The forecast for EBITDA has been raised to EUR 1.8 – 2.2 million (previously EUR 0.4 – 1.4 million) and for EBIT to EUR 1.4 – 1.8 million (previously EUR 0 – 1 million).
Enabling Your Digital Business: For SEVEN PRINCIPLES AG, headquartered in Cologne, this means being at 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.
