Report

QuickView: Moving up a gear internationally

CENIT is a leading supplier of PLM and EIM consultancy services and software, with a portfolio of leading blue-chip clients in Germany, the US and Japan. The core of the business is consulting and the provision of third-party software, but the company has seen rapid expansion of sales of higher-margin proprietary software in recent years. From 2016 CENIT plans to commence selling one of these lines via foreign partners in new markets, which should further boost growth. With a high-quality customer base, leading software partners, experienced management and cash-rich balance sheet, CENIT is in a good position to thrive in fat or thin times.
Underlying
Cenit AG Systemhaus

Cenit is a holding company, engaged in the IT services and consulting industry. Co. provides all types of services in the field of introducing and operating information technology and to sell and market information technology software and systems. Co. has two business divisions: Product Lifecycle Management (PLM) and Enterprise Information Management (EIM). The PLM segment focuses on industrial customers and the corresponding technologies. Its industry focus is on the automotive, aerospace, mechanical engineering and shipbuilding industries. The Enterprise Information Management (EIM) segment focuses on the customer segment of trade and commerce, banks, insurance firms and utilities.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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