Financial debt significantly reduced – 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.

Press contact: Helgrid Jenne

Financial debt significantly reduced

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.