19.09.2022 q.beyond AG  DE0005137004

EQS-News: q.beyond appoints Thies Rixen to Management Board as COO


EQS-News: q.beyond AG / Key word(s): Personnel
q.beyond appoints Thies Rixen to Management Board as COO

19.09.2022 / 09:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

q.beyond appoints Thies Rixen to Management Board as COO

  • Thies Rixen has headed the fast-growing cloud business since 2019
  • Proprietary Competence Center strengthens partnerships with major public cloud providers
  • Expansion and development of near-shoring locations boosts effectiveness of operations and profitability

Cologne, 19 September 2022 – The Supervisory Board of the IT service provider q.beyond is appointing Thies Rixen (50) as a member of the company’s Management Board as of 1 October 2022. The experienced IT manager joined q.beyond in 2019 and in subsequent years managed the cloud solutions business and later the company’s sales activities as well. Under his management, the cloud business has become the key driver of the company’s growth. Revenues in this business field grew year-on-year by 18% to € 33.8 million in the second quarter of 2022.

Thies Rixen to be responsible within Management Board for operations and sales

Dr. Bernd Schlobohm, the Chairman of q.beyond’s Supervisory Board explains: “Thies Rixen has performed outstanding work in recent years, modernised IT operations and opened up new and profitable growth perspectives for the company. It therefore makes absolute sense to appoint him now to the Management Board.” In his new function, Thies Rixen will be responsible for operations and sales. He will thus also free up time for Jürgen Hermann, currently the only member of the Management Board and CEO, who will now be able to focus even more closely on the topics of strategy, communications and M&A.

A graduate in business administration, Thies Rixen has gained extensive management and industry expertise in the 20 plus years he has worked in the IT sector. Previous posts in his career include CIO and Managing Director at Ingenico Group, leading positions at DXC and most recently Executive Vice President at Deutsche Telekom until 2019. At q.beyond, he drew on this expertise in particular to systematically expand the company’s competence in the field of hybrid cloud. Among other developments, this gave rise to a Cloud Competence Center with more than 150 specialists. Here, the company pools all its public and private cloud expertise, maintains partnerships with major public cloud providers and ensures that q.beyond can select and operate the right cloud figuration for each individual customer.

New subsidiary in Andalusia/Spain

This hybrid cloud expertise is creating new and profitable growth opportunities. The establishment of near-shoring locations, a process also largely initiated by Thies Rixen, is helping to increase the company’s profitability. q.beyond has operated a branch in Riga/Latvia since 2020 and is now establishing a further location in Andalusia/Spain. This will be charged in particular with supporting growth in the company’s application business. Given these developments, the new member of q.beyond’s Management Board believes that the company is well positioned to achieve the profitable growth budgeted for the coming years. “Together with Jürgen Hermann, I will press ahead with positioning our company as the IT provider of choice to accompany SMEs in Germany through their digital transformation. Here, we will benefit just as much from our hybrid cloud competence as from our expertise in overcoming existing hurdles on this journey by working with internally developed and customary market applications.”

q.beyond’s CEO Jürgen Hermann is looking forward to working with Thies Rixen: “What I really appreciate about Thies, alongside his specialist expertise, is his entrepreneurial approach, his business sense and his great loyalty. In his new role, he will make a decisive contribution to ensuring that our company generates profitable growth even in the current challenging conditions.”

About q.beyond AG:
q.beyond AG is the key to successful digitalisation. We help our customers find the best digital solutions for their business and then put them into practice. Our strong team of 1,100 people accompanies SME customers securely and reliably throughout their digital journey. We are experts in Cloud, SAP and SaaS. With nationwide locations and its own certified data centres, q.beyond is one of Germany’s leading IT service providers.

q.beyond AG

Arne Thull
Head of Investor Relations/Mergers & Acquisitions
T +49 221 669 8724
[email protected]

19.09.2022 CET/CEST Dissemination of a Corporate News, transmitted by EQS - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: q.beyond AG
Mathias-Brüggen-Straße 55
50829 Cologne
Phone: +49-221-669-8724
Fax: +49-221-669-8009
E-mail: [email protected]
Internet: www.qbeyond.de
ISIN: DE0005137004
WKN: 513700
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1444711

End of News EQS News Service

1444711  19.09.2022 CET/CEST


Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 357,87 366,84 238,05 143,42 155,16 173,02 190,00
EBITDA1,2 38,20 35,06 140,30 -1,98 31,37 5,36 6,40
EBITDA-Marge3 10,67 9,56 58,94 -1,38 20,22 3,10
EBIT1,4 7,11 8,48 87,94 -18,83 15,18 -32,27 -8,80
EBIT-Marge5 1,99 2,31 36,94 -13,13 9,78 -18,65 -4,63
Jahresüberschuss1 5,12 3,28 73,54 -19,90 9,85 -33,09 -9,50
Netto-Marge6 1,43 0,89 30,89 -13,88 6,35 -19,12 -5,00
Cashflow1,7 39,30 34,13 -17,71 -4,97 -7,66 -1,26 0,00
Ergebnis je Aktie8 0,04 0,03 0,59 -0,16 0,08 -0,27 -0,09
Dividende8 0,03 0,03 0,03 0,00 0,00 0,00 0,03
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2022 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Mazars

WKN Kurs in € Einschätzung Börsenwert in Mio. €
513700 0,670 Halten 83,47
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
33,50 26,56 1,26 -67,00
0,81 - 0,48 8,98
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
0,00 0,00 0,00 29.05.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
13.05.2024 12.08.2024 13.11.2023 29.03.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
5,51% 1,98% 12,42% -31,84%
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IT-Services , 513700 , QBY , XETR:QBY