ISIN:DE000A0Z23Q5

EQS-News: adesso increases revenue by 26 % to EUR 1.14 billion / Sharp increase in personnel, fixed-price projects and lower licence income weigh down EBITDA in 2023 / Operating earnings set to rise again

Retrieved on: 
Wednesday, April 10, 2024

adesso increases revenue by 26 % to EUR 1.14 billion / Sharp increase in personnel, fixed-price projects and lower licence income weigh down EBITDA in 2023 / Operating earnings set to rise again

Key Points: 
  • adesso increases revenue by 26 % to EUR 1.14 billion / Sharp increase in personnel, fixed-price projects and lower licence income weigh down EBITDA in 2023 / Operating earnings set to rise again
    The issuer is solely responsible for the content of this announcement.
  • adesso increases revenue by 26 % to EUR 1.14 billion / Sharp increase in personnel, fixed-price projects and lower licence income weigh down EBITDA in 2023 / Operating earnings set to rise again in 2024
    In its consolidated financial statements, adesso SE has confirmed the preliminary figures for 2023 that were published by the end of February.
  • Supported by strong workforce growth, revenue increased by 26 %, topping EUR 1 billion for the first time, and adesso was able to further consolidate its own market position.
  • EUR 546.3 million of that figure was earned in the first half of 2023, and EUR 589.6 million followed in the second half.

EQS-News: adesso opens subsidiary in the Gulf region / Project success in MENA region offers prospects in large growth market

Retrieved on: 
Wednesday, April 10, 2024

After winning a project with an international bank from Bahrain, adesso is taking the opportunity to open its first national subsidiary in the MENA region (Middle East/North Africa).

Key Points: 
  • After winning a project with an international bank from Bahrain, adesso is taking the opportunity to open its first national subsidiary in the MENA region (Middle East/North Africa).
  • With immediate effect, adesso Arabia Ltd. will provide its services to customers in the Gulf region from the Saudi Arabian capital Riyadh.
  • adesso's commitment on the Arabian Peninsula supports the company's international growth path and targets a booming market.
  • At the same time, adesso strengthens its attraction as a partner for globally operating companies expanding into the MENA region.

EQS-News: adesso sales up 26 % to more than EUR 1.1 billion in 2023 / EBITDA of EUR 80.0 million hits middle of the guided range / Growth expectations for 2024 with improved profitability / Dividend increase

Retrieved on: 
Wednesday, March 13, 2024

EBITDA of EUR 80.0 million was achieved (previous year: EUR 92.9 million).

Key Points: 
  • EBITDA of EUR 80.0 million was achieved (previous year: EUR 92.9 million).
  • After deduction of taxes, consolidated net income totalled EUR 3.4 million (previous year: EUR 28.8 million).
  • The increase in working capital in 2023 is only 6 % (previous year: 36 %) and was therefore significantly lower than sales growth in 2023.
  • Accordingly, sales are expected to increase to more than EUR 1.25 billion with improved profitability leading to a higher EBITDA of EUR 110 to 130 million.

EQS-News: adesso acquires Turkish SAP consulting company arteno and expands SmartShoring technological capacities

Retrieved on: 
Wednesday, March 13, 2024

By completely acquiring arteno, a leading company for SAP consultaning services in Turkey, the adesso Group is continuing its international expansion and growth strategy.

Key Points: 
  • By completely acquiring arteno, a leading company for SAP consultaning services in Turkey, the adesso Group is continuing its international expansion and growth strategy.
  • The acquisition allows adesso to supplement its technological portfolio in Turkey with the addition of highly sought-after SAP services while also expanding SmartShore capacities for international customers.
  • arteno has a wealth of experience in SAP financial management solutions, in development projects involving SAP ABAP/Fiori and with S/4HANA.
  • Access to the broad international market and resources of the adesso Group offers arteno employees strong potential for development.

EQS-News: Benedikt Bonnmann succeeds Torsten Wegener on adesso SE Executive Board / Continued strategic focus on forward-thinking artificial intelligence technologies

Retrieved on: 
Monday, February 12, 2024

The adesso SE Supervisory Board has appointed Benedikt Bonnmann to the Executive Board of adesso SE with effect from 1 April 2024.

Key Points: 
  • The adesso SE Supervisory Board has appointed Benedikt Bonnmann to the Executive Board of adesso SE with effect from 1 April 2024.
  • Most recently, he headed up the Digital Horizontals business area as Executive Director and was personally responsible for the Data & Analytics division.
  • By making this appointment, the Supervisory Board continues to set up the adesso Group to take further advantage of the considerable business opportunities offered by artificial intelligence.
  • He will also continue to hold key Advisory Board positions for adesso, including on the committees of material.one, Bluplanet und adesso Turkey.