3. June 2022
SEVEN PRINCIPLES gets off to a good start in 2022
Group EBIT grows to over EUR 2.1 million in Q1 2022.
SEVEN PRINCIPLES AG (7P), a German IT consulting and service company with a focus on the digitalisation of business processes, has also got off to a good start in 2022 after a successful 2021 financial year.
According to the unaudited quarterly results, gross profit increased by approx. 7.2% with a minimally higher group turnover of approx. This effect was mainly due to a further optimised utilisation of internal resources, combined with a corresponding reduction in the number of external providers involved. Due to this increase in gross profit and further improvements in administrative efficiency, Group EBIT increased by approx. 81% to approx. EUR 2.1 million in the first quarter (Q1/2021: approx. EUR 1.1 million).
Against the backdrop of this successful first quarter, Seven Principles remains optimistic about the rest of the financial year and is still maintaining its forecast for the year.
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.
