SNP Surpasses Fiscal Year 2024 Expectations

SNP Schneider-Neureither & Partner SE reported significant growth for fiscal year 2024, exceeding its raised guidance. Order entry increased by 16% to €310 million compared to €266.1 million in 2023. The company's revenue rose by 25% to €254 million, surpassing the forecasted range of €240 to 250 million. Additionally, EBIT climbed 150% to €28 million, well above the expected €21 to 25 million range, resulting in an EBIT margin of 11%.

CEO Jens Amail credits this success to strong customer partnerships and strategic growth in areas like SAP landscape modernizations. CFO Andreas Röderer noted operational improvements bolstering future profitable growth. The detailed annual report will be available on March 27, 2025.