Edison Investment Research - Datagroup AG (D6H) DATAGROUP - Major orders and MA fuel growth

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Edison Investment Research

Milosz Papst

DATAGROUP - Major orders and M&A fuel growth

DATAGROUP recorded strong 9M19 figures, with y-o-y revenue growth of 12.8% and EBITDA margin increasing by 27bp to 12.2% (pre-IFRS 15 and IFRS 16 impact), driven by first-time consolidation of UBL acquired in April 2019 and a solid order book. In addition, the company announced its 23rd post-IPO takeover in August of IT-Informatik, strengthening its SAP competences and customer base. Due to robust business progress to date and positive outlook for the digital industry in Germany, DATAGROUP confirmed its pre-IFRS 15 and IFRS 16 guidance for sales of â‚¬300m and EBITDA of over â‚¬38.5m (post-IFRS at over â‚¬295m and â‚¬45m, respectively).

05/09/2019 2 EN

Underlying

Datagroup AG

Datagroup SE is Germany-based information technology (IT) service provider. Its service and product portfolio includes IT Consultation, which includes IT landscape transformation and IT landscape consulting; System Integration, such as mobile solutions, software development and interactive voice response language portals; Systems, Applications and Product (SAP) solutions, including SAP application lifecycle management, SAP business solutions, SAP Hana and SAP landscape transformation, as well as training and workshops. The Company offers CORBOX, a modul-based solution for IT outsourcing, including data center services, network services, end user services, application management services, SAP services, printing services, communication and collaboration services, big data services, service desk, security services, monitoring services, robotic process automation and continuity services.

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DE000A0JC8S7 Germany

Provider

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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Analysts

Milosz Papst

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DATAGROUP - Major orders and M&A fuel growth

EQS-News: DATAGROUP Reorganizes Management Board and Top Management Structure for the Next Stage of Growth

EQS-News: DATAGROUP stellt Vorstand und oberste Führungsstruktur für die nächste Wachstumsstufe neu auf

EQS-News: EEW Energy from Waste relies on outsourcing IT to DATAGROUP

AGBA - A transformational deal

Biodexa Pharmaceuticals - In a period of transition

Norcros - Sale of Johnson Tiles UK agreed

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