PSI Reports Balanced EBIT Amid Challenging Third Quarter

PSI Software SE reported a balanced EBIT for the third quarter of 2024. Sales remained stable at 65 million euros, consistent with the previous year's figures. An order backlog of 188 million euros was noted, reflecting a 5.5% decrease from the previous year.

The operating result in the Production Management segment saw a notable 23% increase over the previous year, reaching 3.7 million euros. However, the Energy Management segment faced challenges, with sales dropping by 7.6% to 84.8 million euros, and a significant decline in the operating result.

The negative financial impact from a cyberattack earlier in the year persisted, with a net group result of −24.1 million euros. The PSI Executive Board anticipates a full-year sales reduction of up to 25 million euros and a negative EBIT of up to −15 million euros.