PSI Software - Energetic results across the grid
PSI Software (PSI) develops and integrates process control software solutions for energy grid operators, manufacturing and logistics. Business in the first nine months of 2021 (9M21) rebounded from the COVID-19-affected prior-year period, with sales and new orders increasing, while multiple key initiatives and acquisitions should support results throughout Q421 and beyond. Successfully executing its transition to a software product provider, reversing the decline in its international business and expanding its margins could drive multiple expansion.PSI AG fuer Produkte und Systeme der Informationstechnologie is engaged in the development and selling of sofware products. Co. is divided into three main business segments: energy management, which developes solutions for electricity, gas, oil and water utilities; production management, which provides software products and customized solutions for production planning, other production controls and efficient logistics; and infrastructure management, which provides control solutions for monitoring and effective operations in the areas of traffic, public safety, environmental protection and disaster prevention.
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