DGAP-Ad-hoc: SNP Schneider-Neureither & Partner SE / Key word(s): Alliance/Contract
Publication of Insider Information in Accordance with Article 17 of Regulation (EU) No. 596/2014
SNP SE Signs Contract With World's Leading IT and Consulting Firm Based in the USA, for Global Use of SNP Software
SNP expects revenue of at least USD 30 million until 2022 from this contract for software licenses
For the current fiscal year, SNP expects a revenue and earnings effect in the upper single-digit million euro range.
With its own solutions, SNP SE supports organizations in adapting their business models and seizing the opportunities of digitalization. SNP software and services facilitate the implementation of business or technical modifications to business applications and enable its customers to implement these modifications automatically.
The unique BluefieldTM approach and world-leading SNP Business Transformation Platform have created the conditions necessary to set an industry standard for automated data transformations. SNP specializes in automatically analyzing, implementing and tracking changes in IT systems. This approach significantly improves quality, reduces risk, and makes transformation projects much faster and more cost-effective in compliance with the highest compliance and security standards.
The SNP Group has around 1,250 employees worldwide. Headquartered in Heidelberg, the company generated revenue of approximately EUR 131 million in the 2018 fiscal year. SNP's customers are global corporations from all industries. SNP was founded in 1994 and has been publicly traded since 2000. As of August 2014, the company is listed on the Prime Standard segment of the Frankfurt Stock Exchange (ISIN DE0007203705). Since 2017, the company has operated as a European stock corporation (Societas Europaea/SE).
Further information is available at www.snpgroup.com
Investor Relations Contact:
22-Aug-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
|Company:||SNP Schneider-Neureither & Partner SE|
|Dossenheimer Landstraße 100|
|Phone:||+49 6221 6425 637|
|Fax:||+49 6221 6425 470|
|Listed:||Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange|
|EQS News ID:||861903|
|End of Announcement||DGAP News Service|
861903 22-Aug-2019 CET/CEST