on SNP Schneider-Neureither & Partner AG (ETR:SHF)
SNP Ups Forecast for 2026 Following Record Third Quarter
SNP Schneider-Neureither & Partner SE, a leading software provider, has raised its full-year 2026 outlook after achieving its largest third-quarter performance to date. Order entry increased by 2% to €83 million, and the partner share hit a record 62%. Revenue grew by 4% to €77.5 million, largely driven by software and partnerships. However, EBIT fell to €5.1 million due to significant investments in innovation and scalability.
Despite the drop in quarterly EBIT, the company expects its annual revenue to increase in a high single-digit to low double-digit percentage range. CEO Jens Amail attributes this growth to rising demand for AI-driven, autonomous enterprise solutions. He remains optimistic about the remainder of the year, highlighting recent AI-based innovations aimed at enhancing data migration efficiency.
R. H.
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