Datagroup SE
(XTER:D6H)
€
38.45
-1.1 (-2.78%)
Market Cap: 329.91 Mil
Enterprise Value: 459.66 Mil
PE Ratio: 13.03
PB Ratio: 2.21
GF Score: 85/100 Q3 2024 Datagroup SE Earnings Call Transcript
Aug 13, 2024 / 01:00PM GMT
Release Date Price:
€42.65
(+6.89%)
Key Points
Positve
- Datagroup SE (FRA:D6H) reported a 7.5% sales growth in Q3 compared to the same period last fiscal year, indicating strong business performance.
- The company achieved a record year with EUR41 million in additional business, surpassing their targets for new customer and cross-selling revenues.
- Datagroup SE's CORBOX portfolio continues to provide stable, long-term contracts, contributing to predictable and stable revenue streams.
- Investments in AI and cybersecurity are already yielding results, with significant automation in IT service production and new contracts in cybersecurity.
- The company is confident in meeting its revenue guidance for the fiscal year, projecting between EUR510 million to EUR530 million in total revenue.
Negative
- Personnel expenses have increased due to investments in AI, cloud, and cybersecurity, impacting the EBIT margin, which is lower than the previous year.
- Rising financing costs due to higher interest rates have affected the company's financial performance.
- The company faces EUR16 million in headwinds from transformation revenues, which are being phased out.
- Goodwill and financial liabilities have increased due to recent acquisitions, impacting the balance sheet.
- The delay in revenue realization from new contracts, due to the ramp-up period, affects immediate financial performance.
Anke Banaschewski
Datagroup SE - Investor Relations
Hello, everybody, and a warm welcome to today's conference call. Next to Ms. Andreas, our CEO. Hello Andreas.
Andreas Baresel
Datagroup SE - Chairman of the Management Board, Chief Executive Officer, Chief Production Officer
Hello.
Anke Banaschewski
Datagroup SE - Investor Relations
Nice to have you with us. This morning, we published our Q3 and nine months 2023-2024 figures via press release. It can be found on our website. Andreas will now give you an update on the business development and the strategic outlook of DATAGROUP. This will be followed by a Q&A session. We will explain the procedure on how this works in advance.
I now hand over to Andreas. Thank you. Go ahead.
Andreas Baresel
Datagroup SE - Chairman of the Management Board, Chief Executive Officer, Chief Production Officer
Yes. Welcome, everybody, very warm. And at the moment, I mean warm really realistic. We have quite hot temperatures
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