KPS AG

  • WKN: A1A6V4
  • ISIN: DE000A1A6V48
  • Land: Deutschland

Nachricht vom 30.05.2018 | 06:58

KPS AG: KPS publishes report on the first half of 2017/2018

DGAP-News: KPS AG / Key word(s): Half Year Results

30.05.2018 / 06:58
The issuer is solely responsible for the content of this announcement.


KPS publishes report on the first half of 2017/2018

Unterföhring/Munich, May 30, 2018 - KPS AG (WKN: A1A6V4 / ISIN: DE000A1A6V48), Europe's leading management consultancy for business transformation and process optimization in retail, increased its sales by 6.7% from EUR 82.8 million in the first half of 2016/2017 to EUR 88.4 million in the first half of 2017/2018. Earnings before interest and taxes fell to EUR 7.5 million compared with EUR 12.5 million in the previous year due to M&A-related write-downs, higher personnel costs and the fact that the first quarter fell short of expectations.

Besides acquisitions, the significant sales growth is due in large part to the acquisition of transformation projects with well-known customers from the retail and consumer goods industries. KPS is consistently pursuing its internationalization strategy with the strategic acquisitions of Saphira Consulting A/S in Denmark, ICE Consultants Europe SL in Spain, Infront Consulting & Management GmbH in Germany and Envoy Digital Limited in the UK in the year under review and the previous year. These were the main reasons for the 19.7% disproportionate increase in personnel expenses and depreciation and amortization of EUR 1.5 million, which had a significant negative impact on earnings. This has led to a change in the profit forecast for the full year 2017/2018. Earnings in the second quarter increased significantly compared to the first quarter, underlining the traditional upward trend throughout the year.

"Earnings in the first half of the year were significantly impacted by the consequences of the acquisitions. Through these investments, we have significantly improved our position for future growth and are consistently pursuing our internationalization strategy. For the current fiscal year, the effects of M&A-related write-downs and higher personnel costs mean that we have to adjust our earnings forecast. However, the increasing integration of our acquisitions promises significant growth potential, which will also have a positive effect on earnings in the future," explains Leonardo Musso, Member of the Executive Board of KPS AG.

The Executive Board and management of KPS AG confirm the sales forecast for fiscal year 2017/2018 of EUR 160-170 million and have adjusted the earnings forecast from originally EUR 23-26 million to EUR 16-20 million. This includes the sales contributions of ICE Consultants Europe SL, Barcelona, Spain, acquired on October 2, 2017, as well as Infront Consulting & Management GmbH, Hamburg, Germany, and Envoy Digital Limited, London, UK, acquired in early 2018. The Supervisory Board and Executive Board of KPS AG continue to pursue their strategy of internationalization.

The detailed report for the first half of 2017/2018 is now available for download at www.kps.com.

May 30, 2018

KPS AG
Executive Board

About KPS
KPS is the leading transportation partner in Europe for companies seeking to radically realign their business model towards customers rapidly and implement innovative, digital processes and technologies. KPS provides a full range of services from strategic consulting on industry-specific process chains to the implementation of state-of-the-art technologies. The KPS team provides companies with end-to-end consultancy, integrating enterprise resource planning, B2B and B2C e-commerce with marketing and sales processes. Particularly in a digital world which focuses on the customer, the ability to implement projects quickly is a significant competitive advantage. The KPS Rapid-Transformation(R) method accelerates projects by up to 50% and the experience and industry expertise of KPS's consultants ensures the success of every project. With around 1000 consultants in 12 countries, KPS is constantly expanding its market position globally through trailblazing projects aimed at achieving digital and technological transformation.

Reshape and transform rapidly. Your business in a digital world. www.kps.com

KPS AG
Beta-Straße 10H
85774 Unterföhring
Phone: +49 (0) 89 356 31-0
Fax: +49 (0) 89 356 31-3300
e-mail: isabel.hoyer@kps.com

cometis AG
Tim Großheimann
Unter den Eichen 7
65195 Wiesbaden
Phone: +49 (0) 611 20 5855-64
e-mail: grossheimann@cometis.de



30.05.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de



show this

Interview im Fokus

„Bitcoin kurz vor dem Durchbruch“

Die Northern Bitcoin AG verzeichnet nicht nur ein rasantes Wachstum als führender Bitcoin-Miner, die Frankfurter betreiben auch einen klimaneutralen Bitcoin-Mining-Pool. Die strategische Zusammenarbeit mit der Rawpool-Gruppe katapultiert Northern Bitcoin „in eine völlig neue Dimension“, ist CEO Mathis Schultz überzeugt: „Der Bitcoin wird die Welt dramatisch verändern. Wir sehen uns exzellent aufgestellt, um in den kommenden Jahren als Pionier das führende europäische Unternehmen im Bereich Bitcoin-Blockchain aufzubauen.“

GBC-Fokusbox

BIG Blockchain Intelligence Group: Coverage Initiated mit Kaufen-Rating

BIG Blockchain Intelligence Group Inc. bietet Software-Lösungen an, die eine Echtzeitüberprüfung von blockchainbasierten Transaktionen mit Hilfe von Such- und Analysefunktionen ermöglicht. Zur Kernkompetenz gehört eine Software, die zur Generierung von Daten aus Blockchain-Transaktionen verwendet wird. Aktuell konzentriert sich BIG auf Transaktionen von Kryptowährungen und bedient seine Kunden wie Regierungen, Strafverfolgungsbehörden, Banken und Finanzdienstleistern oder E-Commerce-Anbieter mit entsprechender Sicherheitstechnologie. Bei einem Kursziel von 1,03 CAD (0,69 €) lautet das Rating KAUFEN.

News im Fokus

HeidelbergCement AG: HeidelbergCement AG passt Ausblick für das Jahr 2018 teilweise an

18. Oktober 2018, 08:08

Aktuelle Research-Studie

Almonty Industries Inc.

Original-Research: Almonty Industries Inc. (von First Berlin Equity Research GmbH): Kaufen

18. Oktober 2018