Interim report
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DATAGROUP DATAGROUP Reports Strong First Quarter in the New Fiscal Year REVENUE UP +31.1 % ; EBITDA +57.1 % ; EBIT +142.2 % ; EPS +141.2 % COMPARED TO THE PRIOR - YEAR PERIOD Pliezhausen , February 23 , 2021. DATAGROUP SE ( WKN AOJC8S ) today publishes the results of the first quarter of FY 2020/2021 . Strong order intake and additional business with existing customers lead to significant improvement in earnings figures . In the first quarter of the fiscal year ( 01.10 . - 31.12.2020 ) revenue was up 31.1 % to EUR 108.6m ( previous year EUR 82.8m ) . Fortunately , organic growth was roughly 10 % , while the remaining share was due to the first- time consolidation of Portavis . DATAGROUP's business model as engine room of digitization thus has proven to be extremely robust in times of a pandemic as well . The proportion of service revenue declined slightly from 82.8 % to 79.7 % . Operating earnings before taxes , interest , depreciation and amortization ( EBITDA ) improved strongly by 57.1 % to EUR 14.8m ( PY EUR 9.5m ) . At 13.7 % , the EBITDA margin was well above the 11.4 % reached in the prior period . It should be noted that the first quarter of FY 2019/2020 was adversely affected by special items . Earnings before interest and taxes ( EBIT ) improved by 142.2 % to EUR 6.6m ( PY EUR 2.7m ) , corresponding to an EBIT margin of 6.0 % ( PY 3.3 % ) . Earnings per share were 41 cents compared to 17 cents in the previous year , corresponding to an increase of 141.2 % . " We are looking to the further course of this fiscal year with great confidence " , Max H.-H. Schaber sums up . " The difficulties at DATAGROUP Financial IT Services GmbH , which had led to massive losses and risk provisions of EUR 12m in aggregate in the last fiscal year , are behind us for the most part . With a view to the customer situations in question , we managed to establish a stable business environment , greatly improve the cost structure - for instance by reducing expensive freelancer capacities - and to increase billable services . We expect to achieve operating profitability much earlier than expected so far " , Schaber continues . " We have witnessed a strong growth in order intake and additional sales across all our market units " , Chief Sales Officer Dirk Peters comments the current order situation . " There is strong demand for IT services from public authorities , but also from companies , for instance in relation with an improvement of their employees ' home office situation , which is also due to Covid - 19 . We have also received pandemic - related special orders such as the provision and operation of the IT infrastructure of vaccination centers in Baden - Württemberg . " Almato AG , which is specialized in services in the area of Artificial Intelligence ( AI ) as well as automation and mobilization of business processes , has received several new orders and contract renewals . Innovative Al- based services continue to gain in importance , and there has also been a good order intake in the development of software robots , e.g. , for the automation of back - office processes . Acquisitions have also developed positively in the last fiscal year . Portavis , which was acquired in March 2020 , has continued to increase its profitability , making positive contributions to the comprehensive income of DATAGROUP . The minority shareholding in Cloudeteer , which was acquired in June 2020 , likewise has proven to be a stroke of luck : The newly acquired specialist expertise for complex migration situations in the cloud environment enabled DATAGROUP to win interesting projects for cloud shifts . Page 1 of 9 IT's that simple .