Snp Schneider-neureither & Partner Se · XETR:SHF
Snp Schneider-neureither & Partner — Q1 2025 Earnings Presentation
25 slides from Snp Schneider-neureither & Partner's earnings presentation, May 8, 2025
Slide 1: SNP Schneider-Neureither & Partner SE Q1 2025 Results
SNP Schneider-Neureither & Partner SE Teleconference for investors and financial analysts Q1 2025 Results May 8, 2025 Jens Amail, CEO Andreas Röderer, CFO
Slide 2: Agenda
Agenda Overview: Q1 2025 results Detailed Financials Q&A 2
Slide 3: Agenda
Agenda Overview: Q1 2025 results Detailed Financials Q&A 3
Slide 4: Five-year overview
Five-year overview Order Entry (in €m) Revenue (in €m) 75.4 66.5 58.3 60.5 52.5 54.0 44.1 47.1 41.0 33.1 22.9* 16.8* 15.8* 9.8* 12.3* Q1 2021 Q1 2022 Q1 2023 Q1 2024 Q1 2025 Q1 2021 Q1 2022 Q1 2023 Q1 2024 Q1 2025 * Thereof Software EBIT (in €m) Operating Cash Flow (in €m) 7.9 15.0 10.3 4.0 2.5 1.1
Slide 5: Q1 2025 – Key Results
Q1 2025 – Key Results Continuous growth trend in all key performance indicators: Order entry (+25%), revenue (+23%), EBIT (+97%) and operating cash flow (+46%). Sustained increase in profitability: EBIT doubled to € 7.9m (Q1 2024: € 4.0m), EBIT margin rose to 11.9% (Q1 2024: 7.4%) and operating cash
Slide 6: Q1 2025 – Key Figures
Q1 2025 – Key Figures Group Revenue EBIT Operating Cash Flow € 66.5m € 7.9m € 15.0m +23% +97% +46% Service (incl. EXA) Software (incl. EXA) Partner Order Entry Revenue Order Entry Revenue Order Entry Revenue € 52.2m € 43.7m € 23.1m € 22.9m € 27.2m € 29.0m +20% +17% +35% +36% -12% +52% © 2025 SNP I D
Slide 7: Global Partner Business
Global Partner Business YoY decline in order Order Entry Partner Revenue Partner (in €m) (in €m) entry not caused by any systemic issues. -12% 62.9 Continued 30.9 +52% 30.9 29.0 momentum with our 27.2 ecosystem, resulting in ongoing partner enablement and 19.1 strong pipeline. Q1 2024 Q1 2025 Q1
Slide 8: Order Entry by Deal Bands
Order Entry by Deal Bands (in €m) 75.4 Increasing deal number Number Number of of Deals Deals by around 8% to 602 in 60.5 Q1 2025, supporting 22.8 3 our strategy to enable 1 business agility. 4.6 15.8 11 16.7 9 Q1 growth decisively driven by three mega 9.2 13 deals > € 3m. 13.2 18 > € 3m Weake
Slide 9: Order Entry by Region
Order Entry by Region (in €m) Solid growth in CEU (+12%), strongest growth 75.4 in NA (+169%). +25% 2.6 60.5 6.6 Continued stable growth 12.0 5.2 in NEMEA (+24%) and 5.5 LATAM (+19%). 10.1 16.7 6.2 JAPAC with declined order entry but promising pipeline. 37.5 JAPAC 33.5 NEMEA Order entry in r
Slide 10: Q1 2025 – Reconciliation EBIT
Q1 2025 – Reconciliation EBIT Sustained positive EBIT impact of revenue (in €m) growth (23% YoY). -0.6 Increased personnel expenses mainly due to -5.8 higher number of +12.5 employees and salary -2.3 increases in 2024. 4.0 7.9 OPEX increases in line with growth and within budget. -3.3 EBIT Rev
Slide 11: Guidance for 2025 confirmed
Guidance for 2025 confirmed FY 2024 Guidance 2025 Order entry € 310.6m Book-to-Bill-Ratio >1 Revenue € 254.8m € 270m – 280m EBIT € 28.6m € 30m – 34m © 2025 SNP – DATA. TRANSFORMATION. EXPERIENCE. 11
Slide 12: Agenda
Agenda Overview: Q1 2025 results Detailed Financials Q&A 12
Slide 13: Income Statement Q1 2025
Income Statement Q1 2025 Increased personnel expenses (in €m) Q1 2025 Q1 2024 Δ mainly due to higher number of Revenue 66.5 54.0 +23% employees and salary increases in 2024. Gross profit 60.8 48.8 +25% Personal expenses -40.4 -34.7 +17% Other income / expenses: Change Other income/expenses -9.5
Slide 14: Revenue by Segments
Revenue by Segments (in €m) Double digit growth ∑ 66.5 (15%) in Services business segment, due ∑ 54.0 4.7 to good delivery situation. 2.2 20.8 16.2 Accelerated growth in Software business segment (+28%). 41.0 35.6 EXA Book-to-bill: 1.13 Software Services Q1/2024 Q1/2025 © 2024 SNP I DATA. TRAN
Slide 15: Segment Margins
Segment Margins Services Software EXA 43.9% 34.1% 22.9% 10.7% 5.5% -9.1% Q1 Q1 Q1 Service margin was negatively impacted in part by investment in people and internationalization strategy. Increase in software margin as a result of above-average software revenue growth. EXA with strong positive
Slide 16: Q1 2025 – Order Entry & Order Backlog
Q1 2025 – Order Entry & Order Backlog EXA Order entry volume Order Entry (in €m) Order Backlog (in €m) Software increased year-over-year ∑ 238.2 in 2025 to a new Q1 ∑ 75.4 Service +25% +28% record level of € 75.4m 7.2 18.4 ∑ 60.5 ∑ 186.7 62.8 In addition to the stable 5.5 21.0 7.3 growth in the
Slide 17: Q1 2025 – Reconciliation Order Backlog
Q1 2025 – Reconciliation Order Backlog Slight increase in order Order Backlog backlog by 0.4% (in €m) compared to year 2024 -66.5 Projects +75.4 remeasurements in Q1 2025 by € -7.2m -7.2 -0.2 236.7 238.2 Dec. 31, Order Revenue Projects FX March 31, 2024 entry remeasurements 2025 © 2025 SNP I DAT
Slide 18: Balance Sheet Structure
Balance Sheet Structure Significantly increased Cash and cash equivalents resulting mainly from positive net income and operating cash flow. Assets (in €m) March 31, 2025 Dec. 31, 2024 Cash & cash equivalents 84.1 72.5 Rising receivables & contract assets due to high order volume: trade receivab
Slide 19: Cash flow Statement Q1 2025
Cash flow Statement Q1 2025 Significant improvements in Operating Cash flow due to higher (in €m) Q1 2025 Q1 2024 Δ (abs.) earnings contributions. Net income 4.9 2.4 +2.4 Depreciation 2.6 2.5 +0.1 Change in other items mainly results from the change in Change in W/C 4.4 4.8 -0.4 deferred taxes.
Slide 20: Headcount
Headcount Headcount evolution Percentage headcount split by function per March 31, 2025 +35 1,597 13% Consulting 1,562 Changes ∑ 920; +3% R&D 14% ∑ 205; -1% Sales & Marketing ∑ 226; +1% 58% Admin 12% ∑ 198; +2% 3% Student & Trainees ∑ 48; +21% Dec. 31, 2024 Mar. 31, 2025 20
Slide 21: Agenda
Agenda Overview: Q1 2025 results Detailed Financials Q&A 21
Slide 22: We are happy to take your questions!
We are happy to take your questions!
Slide 23: Financial Calendar 2025
Financial Calendar 2025 Interim Statement Annual General Half-Year Financial Interim Statement Q1 2025 Meeting 2025 Report 2025 Q3 2025 (virtual) May 8, 2025 Jun. 30, 2025 Jul. 31, 2025 Nov. 6, 2025 © 2025 SNP I DATA. TRANSFORMATION. EXPERIENCE. 23
Slide 24: Thank you
Thank you SNP Schneider-Neureither & Partner SE Speyerer Strasse 4 69115 Heidelberg Germany +49 6221 64 25 – 0 +49 6221 64 25 - 20 info@snpgroup.com www.snpgroup.com linkedin.com/company/snp-schneider-neureither-&-partner-se Marcel Wiskow, Director IR +49 6221 64 25 – 637 Investor.relations@snpgroup
Slide 25: Disclaimer
Disclaimer © 2025 SNP Schneider-Neureither & Partner SE or an SNP affiliate of any kind, either express or implied, including but not limited to company. All rights reserved. No part of this publication may be the implied warranties of merchantability, fitness for a particular reproduced or transmit
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