SNP Schneider-Neureither & Partner SE : Q1 results mixed, but new reference project together with IBM’s software partnership point to improving business execution; TP raised to € 31
>Still hampered at group level by Americas and Asian operations - SNP’s total group revenue in Q1 2019 decreased 8.7% yoy to € 28.8m, shy of our estimate of € 30.1m, mainly due to weak economic environments in Latin America and further international reorganisation. However, management signalled that sales re-stabilized in March on significantly improved order entry. Moreover, some contracts slipped into April, providing a solid start to Q2. SNP’s higher-margin proprie...SNP Schneider Neureither & Partner SE Formerly known as SNP Schneider-Neureither & Partner AG. SNP Schneider Neureither & Partner SE is a Germany-based company specialized in the Information Technology (IT) Services. The Company has two operational segments: Professional Services, which offers consultancy and training services and Software that provides sale of software and maintenance contracts. It offers software and software-related services for the transformation of IT systems, as well as the optimization of service and support processes. The transformation platform is based on the experience of the more than 1,500 projects. The Company's core products include SNP Business Landscape Management (BLM SNP), which structures the consultation process with standardized modules; SNP Dragoman that automates and simplifies the entire translation process; SNP Transformation Backbone that supports SAP System Transformation, as well as Business Landscape Transformation (BLT). The Company provides services to globally operating corporations in the fields of industry, finance and service.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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