SNP SE Surpasses Revenue and EBIT Expectations for 2024

SNP Schneider-Neureither & Partner SE, based in Heidelberg, Germany, has reported better-than-expected financial results for the fiscal year 2024. Preliminary figures indicate revenues of approximately €254 million, surpassing the forecasted range of €240 million to €250 million. This marks a substantial increase of about 25% from the previous year's €203.4 million.

The company's EBIT also exceeded expectations, reaching around €28 million. This figure is well above the anticipated range of €21 million to €25 million and registers a significant rise of approximately 150% compared to the €11.1 million reported in 2023.

Furthermore, the order entry showed a book-to-bill ratio greater than one, with around €310 million, reflecting growth of over 16% from the prior year's €266.1 million. These figures are based on preliminary, unaudited numbers, with the full annual report due on March 27, 2025.