ISIN:DE000A3H2200

Nagarro's preliminary numbers for FY 2023 show consistent performance and 6.5% revenue growth

Retrieved on: 
Wednesday, March 13, 2024
GAAP, Annual report, Adjustment, Growth, Yoy, Environment

Revenue grew to €912.0 million in 2023 against guidance of €915 million and up from €856.3 million in 2022, a YoY growth of 6.5%.

Key Points: 
  • Revenue grew to €912.0 million in 2023 against guidance of €915 million and up from €856.3 million in 2022, a YoY growth of 6.5%.
  • Gross profit and Adjusted EBITDA were affected by excess capacity throughout the year because of the moderation in growth.
  • Gross margin was 25.8% in 2023 against the guidance of 26%, and down from 28.9% in 2022.
  • Adjusted EBITDA margin was 13.8% in 2023 against guidance of 13% and down from 17.3% in 2022.

Nagarro's preliminary numbers for FY 2023 show consistent performance and 6.5% revenue growth

Retrieved on: 
Wednesday, March 13, 2024
GAAP, Annual report, Adjustment, Growth, Yoy, Environment

Revenue grew to €912.0 million in 2023 against guidance of €915 million and up from €856.3 million in 2022, a YoY growth of 6.5%.

Key Points: 
  • Revenue grew to €912.0 million in 2023 against guidance of €915 million and up from €856.3 million in 2022, a YoY growth of 6.5%.
  • Gross profit and Adjusted EBITDA were affected by excess capacity throughout the year because of the moderation in growth.
  • Gross margin was 25.8% in 2023 against the guidance of 26%, and down from 28.9% in 2022.
  • Adjusted EBITDA margin was 13.8% in 2023 against guidance of 13% and down from 17.3% in 2022.

EQS-News: Nagarro SE: Guidance for FY 2024

Retrieved on: 
Wednesday, March 13, 2024
Adjustment

Munich, February 20, 2024 – Nagarro expects the FY 2024 revenue to be in the region of one billion Euros.

Key Points: 
  • Munich, February 20, 2024 – Nagarro expects the FY 2024 revenue to be in the region of one billion Euros.
  • The estimates for gross margin and Adjusted EBITDA margin in 2024 are 27% and 14%, respectively.
  • Gross margin and Adjusted EBITDA margin are alternative performance measures that are not defined in accordance with international accounting standards.
  • Nagarro uses such measures to enable better comparability of the business over time and within the industry.

EQS-News: Nagarro’s preliminary numbers for FY 2023 show consistent performance and 6.5% revenue growth

Retrieved on: 
Wednesday, March 13, 2024
Yoy, Growth, GAAP, Environment, Adjustment, Annual report, Security (finance)

March 13, 2024 - Nagarro, a global digital engineering leader, today announced its preliminary unaudited financial numbers for its full year ended December 31, 2023.

Key Points: 
  • March 13, 2024 - Nagarro, a global digital engineering leader, today announced its preliminary unaudited financial numbers for its full year ended December 31, 2023.
  • Revenue grew to €912.0 million in 2023 against the guidance of €915 million and up from €856.3 million in 2022, a YoY growth of 6.5%.
  • Gross profit and Adjusted EBITDA were affected by excess capacity throughout the year because of the moderation in growth.
  • Gross profit was €235.5 million in 2023, down from €247.1 million in 2022.

EQS-News: Die vorläufigen Zahlen von Nagarro für das Geschäftsjahr 2023 zeigen eine stabile Entwicklung und ein Umsatzwachstum von 6,5 %

Retrieved on: 
Wednesday, March 13, 2024
Unternehmen, Digital, Engineering, Umsatz, Prognose, Vergleich, Wachstum, Profit, Lauf, Wert, Margin, Bedingung, Dokument, Information, Stand, Zeitpunkt, Zahl, Aussage, Ansicht, Erwartung, Annahme, Management, Kennzahl, Alternative, Betriebswirtschaftliche Kennzahl, Rechnungslegungsstandard, Kunden, Anfrage, News, Service, Gruppe, Meldepflicht

Nagarro posts 12.9% YoY constant-currency revenue growth in 9M 2023

Retrieved on: 
Tuesday, November 14, 2023
EBITDA, Q3, EBIT, GMT, IST, CET, GST, Net, SGT, Organic, Growth, Beauty salon, Flour, Entrepreneurship

In Q3 2023, revenue grew to €234.3 million, up 1.9% YoY from €229.8 million in Q3 2022 and up 6.6% YoY in constant currency.

Key Points: 
  • In Q3 2023, revenue grew to €234.3 million, up 1.9% YoY from €229.8 million in Q3 2022 and up 6.6% YoY in constant currency.
  • Adjusted EBITDA declined to €32.0 million (13.7% of revenue) in Q3 2023 from €48.4 million (21.1% of revenue) in Q3 2022.
  • Revenue grew to €690.6 million in 9M 2023, up 10.4% YoY from €625.4 million in 9M 2022.
  • Adjusted EBITDA declined to €92.4 million (13.4% of revenue) in 9M 2023 from €117.6 million (18.8% of revenue) in 9M 2022.

Nagarro posts 12.9% YoY constant-currency revenue growth in 9M 2023

Retrieved on: 
Tuesday, November 14, 2023
EBITDA, Q3, EBIT, GMT, IST, CET, GST, Net, SGT, Organic, Growth, Beauty salon, Flour, Entrepreneurship

In Q3 2023, revenue grew to €234.3 million, up 1.9% YoY from €229.8 million in Q3 2022 and up 6.6% YoY in constant currency.

Key Points: 
  • In Q3 2023, revenue grew to €234.3 million, up 1.9% YoY from €229.8 million in Q3 2022 and up 6.6% YoY in constant currency.
  • Adjusted EBITDA declined to €32.0 million (13.7% of revenue) in Q3 2023 from €48.4 million (21.1% of revenue) in Q3 2022.
  • Revenue grew to €690.6 million in 9M 2023, up 10.4% YoY from €625.4 million in 9M 2022.
  • Adjusted EBITDA declined to €92.4 million (13.4% of revenue) in 9M 2023 from €117.6 million (18.8% of revenue) in 9M 2022.

EQS-News: Nagarro posts 12.9% YoY constant-currency revenue growth in 9M 2023

Retrieved on: 
Wednesday, December 6, 2023
GMT, SGT, EBITDA, CT, Net, GST, ET, PT, IST, EBIT, Organic, Q3, Growth, CET, Beauty salon, Flour, Entrepreneurship

In Q3 2023, revenue grew to €234.3 million, up 1.9% YoY from €229.8 million in Q3 2022 and up 6.6% YoY in constant currency.

Key Points: 
  • In Q3 2023, revenue grew to €234.3 million, up 1.9% YoY from €229.8 million in Q3 2022 and up 6.6% YoY in constant currency.
  • Adjusted EBITDA declined to €32.0 million (13.7% of revenue) in Q3 2023 from €48.4 million (21.1% of revenue) in Q3 2022.
  • Revenue grew to €690.6 million in 9M 2023, up 10.4% YoY from €625.4 million in 9M 2022.
  • Adjusted EBITDA declined to €92.4 million (13.4% of revenue) in 9M 2023 from €117.6 million (18.8% of revenue) in 9M 2022.