27.07.2023 KPS AG  DE000A1A6V48

EQS-News: KPS publishes results for the third quarter of the 2022/2023 financial year


 

EQS-News: KPS AG / Key word(s): Quarterly / Interim Statement
KPS publishes results for the third quarter of the 2022/2023 financial year

27.07.2023 / 07:30 CET/CEST
The issuer is solely responsible for the content of this announcement.


KPS publishes results for the third quarter of the 2022/2023 financial year

  • Decline in revenues of 6.1 % to € 42.4 million: In the third quarter of the 2022/2023 financial year, customers were noticeably reluctant to take on new projects in the areas of Digital Strategy and Digital Customer Interaction due to high economic uncertainties.
  • EBITDA declined by 70.8 % to € 1.4 million - changed country mix, inflation-related personnel cost increases, insufficient staff utilisation in the areas of Digital Strategy and Digital Customer Interaction and severance expenses as burdening factors.
  • Measures implemented to increase efficiency: Staffing levels were adjusted to the current demand situation.

Unterfoehring/Munich, 27 July 2023 – KPS AG (WKN: A1A6V4 / ISIN: DE000A1A6V48), Europe’s leading consultancy for digital transformation and process optimisation in retail, today publishes its results for the third quarter of the 2022/2023 financial year.

In the third quarter of the 2022/2023 financial year, KPS achieved revenues of € 42.2 million (previous year: € 44.9 million). This represents a decline in revenues of 6.1 % compared to the third quarter of the previous year. KPS' existing projects are developing as expected. However, persistently high inflation, increased financing costs and uncertainty in geopolitical developments are slowing new client growth in the markets and client segments relevant to KPS.

Several negative factors lead to significant decline in earnings

Personnel expenses are still a significant part of the cost base. Based on the emerging order trend in the past, KPS built up staff in the financial year 2021/2022 in order to cope with the increasing order volume, especially in the area of Digital Customer Interaction. The rising wages and salaries in combination with underutilisation in this area were a significant cost driver. In the course of the development of the market and project situation, KPS has adjusted the number of employees. This was accompanied by corresponding severance expenses.

Overall, due to the aforementioned reasons, EBITDA declined by 70.8 % to € 1.4 million in the third quarter of 2022/2023 (previous year: € 4.7 million). EBIT was € - 0.6 million (previous year: € 2.9 million).

Confirmation of the revised forecast for the financial year 2022/2023

Business development in the third quarter was in line with the expectations of the Executive Board. The Executive Board of KPS AG confirms the forecast revised on 26 April 2023. For the current financial year 2022/2023, the Executive Board of KPS AG currently expects consolidated revenues to be slightly below the previous year's level (FY 2021/2022: EUR 179.5 million) and consolidated EBITDA to be in a range between EUR 11 million and EUR 14 million.

 

27 July 2023

KPS AG

 

The Executive Board

 

About KPS AG

KPS successfully guides companies on their paths to digitalisation, from strategy to customer interaction to the operational core business. As a leading transformation partner for the retail industry, KPS is the first choice for companies that rely on a state-of-the-art customer experience platform architecture. The industry-specific KPS Instant Platforms unify all processes in a single business platform – end-to-end from customer interaction to operations to finance, implemented with best-in-class technology components in a future-proof high-performance design and flexible infrastructure. They are modular, scalable, and greatly increase the speed of process-driven transformation programmes. With ready-to-use products and innovative solutions, market-leading technologies and a strong partner network, we create sustainable added value for our customers. Platformise your transformation. www.kps.com  

KPS AG
Beta-Straße 10H
85774 Unterföhring
Phone: +49 (0) 89 356 31-0
Fax: +49 (0) 89 356 31-3300
E-mail: [email protected]



27.07.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: KPS AG
Beta-Str. 10 h
85774 Unterföhring
Germany
Phone: +49 (0)89 356 31-0
Fax: +49 (0)89 356 31-3300
E-mail: [email protected]
Internet: www.kps.com
ISIN: DE000A1A6V48
WKN: A1A6V4
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1689203

 
End of News EQS News Service

1689203  27.07.2023 CET/CEST

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Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 160,30 172,22 180,66 166,45 157,98 179,53 177,77
EBITDA1,2 26,41 20,02 22,55 22,68 21,65 21,65 7,81
EBITDA-Marge3 16,48 11,62 12,48 13,63 13,70 12,06
EBIT1,4 24,76 16,59 18,80 14,11 13,41 14,31 0,03
EBIT-Marge5 15,45 9,63 10,41 8,48 8,49 7,97 0,02
Jahresüberschuss1 19,80 9,83 12,19 8,14 8,73 9,55 -1,25
Netto-Marge6 12,35 5,71 6,75 4,89 5,53 5,32 -0,70
Cashflow1,7 16,79 17,85 23,98 22,04 17,38 15,46 9,25
Ergebnis je Aktie8 0,53 0,26 0,33 0,22 0,23 0,26 -0,03
Dividende8 0,35 0,35 0,17 0,17 0,19 0,10 0,33
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2023 - 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: Baker Tilly

INVESTOR-INFORMATIONEN
©boersengefluester.de
KPS
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A1A6V4 1,145 Halten 47,12
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
11,45 20,17 0,56 3,94
KBV KCV KUV EV/EBITDA
0,67 5,10 0,27 9,05
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,10 0,00 0,00 10.05.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
07.03.2024 06.05.2024 25.07.2024 07.03.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-2,05% -15,56% -19,08% -51,28%
    
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