SHF Schneider Neureither & Partner AG

EQS-News: SNP Sells Remaining Shares in Polish Consulting Unit

EQS-News: SNP Schneider-Neureither & Partner SE / Key word(s): Disposal
SNP Sells Remaining Shares in Polish Consulting Unit

22.12.2022 / 16:46 CET/CEST
The issuer is solely responsible for the content of this announcement.


Corporate News

SNP Sells Remaining Shares in Polish Consulting Unit

  • All for One Group SE acquires remaining 49% stake in SAP services business in Poland
  • SNP focuses on core business – software-based data migration and data management in the SAP environment
  • Sale of shares will take effect from December 22, 2022

Heidelberg, December 22,2022 – SNP SE, a world-leading provider of solutions for digital transformation processes and software-based data migrations, is continuing to focus on its core business by selling its remaining 49% stake in its Polish subsidiary SNP Poland Sp. z o.o. The buyer of the SAP services business in Poland is All for One Group SE. The consulting and IT group from Filderstadt had already acquired a majority stake (51%) in SNP Poland in October 2021. The transaction will already have a positive impact on SNP’s liquidity in the current fiscal year. Neither company has provided details of the selling price.

“With the complete sale of the Polish consulting unit, we are on the one hand streamlining our investment portfolio, and on the other hand we can focus even more intensively on our core business – software-based data migration as well as data management in the SAP environment,” says Michael Eberhardt, CEO of SNP. “We have maintained a very close and successful partnership with All for One for over two years now, which we would like to continue to strengthen and expand in the future.”

The goal of the partnership is to enable the more than 3,000 customers of the All for One Group to move to SAP S/4HANA in a highly automated and flexible manner. The consulting and IT group will achieve this by leveraging both the SNP Data Excellence Platform CrystalBridge® and the BLUEFIELD™ approach.

 

About SNP

SNP (ticker: SHF.DE) helps companies worldwide to unlock the full potential of their data and shape their own tailored journey towards a digital future.

SNP’s Data Excellence Platform CrystalBridge® and the BLUEFIELD™ approach have set a comprehensive industry standard for restructuring and modernizing SAP systems faster and more securely while harnessing data-driven innovations in the cloud.

The company works with around 1,800 customers of all sizes and in all industries worldwide, including 21 of the DAX40 and 95 of the Fortune 500. The SNP Group has around 1,400 employees worldwide at over 40 locations in 15 countries. The company is headquartered in Heidelberg, Germany, and generated revenues of approximately EUR 167 million in the 2021 fiscal year.

More information is available at


Contact person at SNP

Marcel Wiskow

Director Investor Relations

Tel.: +49 6221 6425-637

E-mail:

 

 

 

 



22.12.2022 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at -news.com


Language: English
Company: SNP Schneider-Neureither & Partner SE
Speyerer Str. 4
69115 Heidelberg
Germany
Phone: 37, 72
Fax: 0
E-mail:
Internet:
ISIN: DE0007203705
WKN: 720370
Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1520097

 
End of News EQS News Service

1520097  22.12.2022 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1520097&application_name=news&site_id=research_pool
EN
22/12/2022

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Schneider Neureither & Partner AG

 PRESS RELEASE

EQS-News: SNP blickt nach erneutem Rekordjahr optimistisch auf das Jah...

EQS-News: SNP Schneider-Neureither & Partner SE / Schlagwort(e): Jahresbericht/Jahresergebnis SNP blickt nach erneutem Rekordjahr optimistisch auf das Jahr 2025 27.03.2025 / 07:30 CET/CEST Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich. Corporate News SNP blickt nach erneutem Rekordjahr optimistisch auf das Jahr 2025 Auftragseingang stieg um 17 % auf 310,6 Mio. € (2023: 266,1 Mio. €) Konzernumsatz legte um 25 % auf 254,8 Mio. € zu (2023: 203,4 Mio. €) Deutliche Verbesserung des EBIT um 157 % auf 28,6 Mio. € (2023: 11,1 Mio. €); EBIT-Marge...

 PRESS RELEASE

EQS-News: SNP optimistic about 2025 after another record year

EQS-News: SNP Schneider-Neureither & Partner SE / Key word(s): Annual Report/Annual Results SNP optimistic about 2025 after another record year 27.03.2025 / 07:30 CET/CEST The issuer is solely responsible for the content of this announcement. Corporate News SNP optimistic about 2025 after another record year Order entry rose by 17% to €310.6 million (2023: €266.1 million) Group revenue increased by 25% to €254.8 million (2023: €203.4 million) EBIT improved significantly by 157% to €28.6 million (2023: €11.1 million); EBIT margin climbed to 11.2% (2023: 5.5%) Outlook...

SNP Schneider-Neureither & Partner SE: 1 director

A director at SNP Schneider-Neureither & Partner SE sold 429 shares at 61.000EUR and the significance rating of the trade was 52/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the las...

 PRESS RELEASE

EQS-News: SNP’s Executive Board and Supervisory Board Recommend Accept...

EQS-News: SNP Schneider-Neureither & Partner SE / Key word(s): Statement/Takeover SNP’s Executive Board and Supervisory Board Recommend Acceptance of Carlyle’s Voluntary Public Cash Takeover Offer 10.02.2025 / 18:15 CET/CEST The issuer is solely responsible for the content of this announcement. Corporate News SNP’s Executive Board and Supervisory Board Recommend Acceptance of Carlyle’s Voluntary Public Cash Takeover Offer Offer price of € 61.00 per share is considered fair and appropriate The Executive Board and Supervisory Board welcome the planned strategic partnersh...

 PRESS RELEASE

EQS-News: Vorstand und Aufsichtsrat von SNP empfehlen die Annahme des ...

EQS-News: SNP Schneider-Neureither & Partner SE / Schlagwort(e): Stellungnahme/Firmenübernahme Vorstand und Aufsichtsrat von SNP empfehlen die Annahme des freiwilligen öffentlichen Barübernahmeangebots von Carlyle 10.02.2025 / 18:15 CET/CEST Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich. Corporate News Vorstand und Aufsichtsrat von SNP empfehlen die Annahme des freiwilligen öffentlichen Barübernahmeangebots von Carlyle Angebotspreis von 61,00 Euro pro Aktie wird als fair und angemessen angesehen Vorstand und Aufsichtsrat begrüßen die gepla...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch