SNP | Corporate News

SNP AG publishes provisional results for Q1 2016

- Consolidated revenue increases to EUR 18.5 million (+52%)

- EBITDA: EUR 1.9 million (+54%); EBITDA margin: 10.5% (+0.1 PP)

- EBIT: EUR 1.6 million (+60%); EBIT margin: 8.8% (+0.5 PP)

- Revenue and earnings forecast for fiscal year 2016 confirmed

Heidelberg, 26 April 2016 - Following a year of strong growth in fiscal year 2015, SNP Schneider-Neureither & Partner AG has continued its growth course and made a successful start to fiscal year 2016. Based on provisional calculations, SNP has reported significant increases in revenue and earnings in the first quarter of 2016.

In particular, SNP saw a year-on-year increase in revenue by 51.7% to EUR 18.5 million in the first quarter of 2016. EBITDA amounted to EUR 1.9 million (previous year: EUR 1.3 million) and EBIT to EUR 1.6 million (previous year: EUR 1.0 million) in the period under review. As a result, the company achieved an EBITDA margin of 10.5% (previous year: 10.4%) and an EBIT margin of 8.8% (previous year: 8.3%).

Based on the ongoing success on the markets, the good order situation and the revenue and earnings performance of the company, the Executive Board is confirming its forecast for fiscal year 2016 and continues to expect consolidated revenue between EUR 72 million and EUR 78 million and an operating EBIT margin between 8% and 10%.

The full quarterly report will be published on 29 April 2016 and made available in the Investor Relations/Financial Reports section of the company's website at www.snp-ag.com.

About SNP

SNP empowers organizations to successfully shape digital transformations and pursue market opportunities on the basis of highly adaptable IT. SNP's solutions and software are used to integrate previously separate IT environments, support M&A projects and carve-outs, and cultivate new markets outside of the home market. SNP Transformation Backbone(R) is the world's first standard software to automatically analyze and execute IT system transformation. It delivers significantly better quality while greatly reducing the time and expense involved in transformation projects.

SNP AG has over 600 employees in Europe, South Africa, Asia and the US. The company is headquartered in Heidelberg and generated around EUR 56 million in revenue in 2015, according to preliminary figures. Its products and solutions are used by multinationals in manufacturing, finance and the service sector. SNP AG was established in 1994, went public in 2000, and has been in the Frankfurt Stock Exchange's Prime Standard segment since August 2014 (ISIN DE0007203705).

For further information, visit www.snp-ag.com.

Contact for Investor Relations:

Marcel Wiskow
Tel.:    +49 6221 6425-637
Fax:    +49 6221 6425-470
E-mail: investor.relations@snp-ag.com
http://www.snp-ag.com/eng/Investor-Relations/