EQS-Adhoc: SNP announces strong preliminary results for the third quarter and raises outlook for the full year 2023

Publication of Insider Information Pursuant to Article 17 MAR

SNP announces strong preliminary results for the third quarter and raises outlook for the full year 2023

Heidelberg, Germany, October 9, 2023 – Based on preliminary figures, SNP Schneider-Neureither & Partner SE (ISIN: DE0007203705) achieved an increase in order entry of around 50% to approximately € 60 million in the third quarter of fiscal year 2023 (Q3 2022: € 40.1 million). Revenue grew by around 29% to approximately € 53.5 million in the same period (Q3 2022: € 41.6 million). The operating earnings (EBIT) improved significantly to approximately € 4.5 million (Q3 2022: € 0.1 million).

On a nine-month view, order entry amounts to around € 170 million (9M 2022: € 122.7 million), revenue comes to approximately € 150 million (9M 2022: € 124.9 million) and the EBIT increased significantly to around € 8 million (9M 2022: € 1.9 million).

Based on the strong preliminary results and continued momentum, the management raises its outlook for the full year of 2023:

• Order entry is expected to reach € 220 million to € 240 million (previous order entry forecast: € 210 million to € 230 million);
• Revenue is expected to be around the upper end of the communicated range between € 190 million and € 200 million;
• EBIT is also expected to reach the upper end of the communicated range of € 5 million to € 10 million or even be slightly higher.

SNP will publish the interim statement for the first nine months figures and a more detailed outlook on October 26, 2023.

Contact SNP

Marcel Wiskow
Director lnvestor Relations
Phone: +49 6221 6425-637
Email: [email protected]