Datagroup SE
XBER:D6H
Datagroup SE
DATAGROUP SE is a holding company, which engages in the provision of information technology services and solutions. The company is headquartered in Pliezhausen, Baden-Wuerttemberg and currently employs 3,068 full-time employees. The company went IPO on 2006-08-14. Its service and product portfolio includes IT Consultation, which includes IT landscape transformation and IT landscape consulting; System Integration, such as mobile solutions, software development and interactive voice response language portals; Systems, Applications and Product (SAP) solutions, including SAP application lifecycle management, SAP business solutions, SAP Hana and SAP landscape transformation, as well as training and workshops. The firm offers CORBOX, a modul-based solution for IT outsourcing, including data center services, network services, end user services, application management services, SAP services, printing services, communication and collaboration services, big data services, service desk, security services, monitoring services, robotic process automation and continuity services.
DATAGROUP SE is a holding company, which engages in the provision of information technology services and solutions. The company is headquartered in Pliezhausen, Baden-Wuerttemberg and currently employs 3,068 full-time employees. The company went IPO on 2006-08-14. Its service and product portfolio includes IT Consultation, which includes IT landscape transformation and IT landscape consulting; System Integration, such as mobile solutions, software development and interactive voice response language portals; Systems, Applications and Product (SAP) solutions, including SAP application lifecycle management, SAP business solutions, SAP Hana and SAP landscape transformation, as well as training and workshops. The firm offers CORBOX, a modul-based solution for IT outsourcing, including data center services, network services, end user services, application management services, SAP services, printing services, communication and collaboration services, big data services, service desk, security services, monitoring services, robotic process automation and continuity services.
Strong Revenue Growth: DATAGROUP reported Q1 revenue of EUR 139 million, up 15% year-on-year, with 8% organic growth despite challenging macro conditions.
Special Accounting Effects: Reported growth includes significant one-off hardware revenues due to IFRS treatment, impacting both top line and cash flow.
Profitability Pressure: Margins declined slightly as transition costs for new large contracts and platform investments weighed on EBITDA and EBIT.
Automation Progress: Automation efforts, particularly in AI, are ramping up with over 30,000 tasks automated in January and further strong growth expected.
Acquisition Update: The company acquired TARADOR, strengthening its SME segment and cybersecurity offerings.
Solid Pipeline & Outlook: Strong order intake (EUR 18.7 million in new annual contract value) underpins confidence in future growth, with more effects expected in upcoming quarters.
Temporary Cash Flow Hit: Q1 cash flow was negative due to upfront hardware, license payments, and acquisition costs, but management expects normalization in future quarters.
