DATAGROUP's Optimistic Outlook for the Fiscal Year at AGM

At its Annual General Meeting in Pliezhausen, DATAGROUP SE expressed optimism for the fiscal year 2024/25. Shareholders approved all agenda items, including a dividend of EUR 1.00 per share. This decision reflects a payout of EUR 8.3m from retained earnings, aligning with the company's historic dividend policy.

Leadership changes include Max H.-H. Schaber's election as Chairman of the Supervisory Board, with Manfred Boschatzke joining as a new member. DATAGROUP anticipates revenue growth to EUR 545-565 million, with EBITDA and EBIT expected at EUR 82-85 million and EUR 47-50 million, respectively.

Key to this outlook is the strong performance of the CORBOX core business, generating a contract volume of EUR 23 million. CEO Andreas Baresel highlighted steady demand for customized IT services. Innovations in CORBOX focus on security, compliance, cloud, and AI, positioning the company for future challenges.