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PSI Aktiengesellschaft fuer Produkte und Systeme der Informationstechnologie (PSAGn.DE)

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Latest Key Developments (Source: Significant Developments)

PSI FY group net result up by 14.6 pct to EUR 8.5 million
Wednesday, 22 Mar 2017 03:35am EDT 

PSI : FY group net result improved by 14.6 percent . New orders were, with 182 million euros ($196.58 million), 6.7 percent, below previous year (31 Dec. 2015: 195 million euros), order backlog was constant at 129 million euros . Following strong 4th quarter psi with better margin and strong cash flow . FY EBIT of 11.8 million euros in financial year 2016 (31 dec. 2015: 11.1 million euros) . FY group net result increased by 14.6 % to 8.5 million euros (31 Dec. 2015: 7.5 million euros) . Increase of dividends to 0.22 euro planned . With 176.9 million euros, FY sales were 3.7 % below value for previous year (31 Dec. 2015: 183.7 million euros) .Decline in sales is largely result of substation automation business in Southeast Asia.  Full Article

PSI unit awarded major contract by Altonaer-Technologie-Holding GmbH
Wednesday, 22 Feb 2017 05:34am EST 

Psi : PSI Automotive & Industry GmbH, a subsidiary of PSI, awarded major contract by Altonaer-Technologie-Holding GmbH .Has been contracted to implement new version 9 of ERP system PSIpenta for ATH and group companies KROENERT, ZAE-Antriebssysteme and DRYTEC.  Full Article

PSI receives order from DB Vehicle Maintenance
Thursday, 8 Dec 2016 05:07am EST 

PSI : DB Vehicle Maintenance decides for PSI MES Software .After successful implementation in Paderborn pilot plant, it will be rolled out at other sites.  Full Article

PSI: Bosnia and Herzegovina power utility decides for PSIcontrol
Thursday, 1 Dec 2016 01:12am EST 

PSI AG : Said on Wednesday Bosnia and Herzegovina power utility decided for PSIcontrol . Power utility JP Elektroprivreda Hrvatske Zajednice Herceg Bosne d.d. Mostar and German-Croatian consortium PSI AG and KONČAR have signed a contract for implementation of a SCADA/DMS/OMS control system for the remote control of the JP EP HZHB's electricity distribution grid .Project is worth 4.3 million euros ($4.57 million) and will be finished within three years.  Full Article

PSI Group 9-mth net result up 3 pct to EUR 3.9 mln
Monday, 31 Oct 2016 04:02am EDT 

PSI Aktiengesellschaft für Produkte und Systeme der Informationstechnologie : PSI Group attained 6 percent lower sales of 127.9 million euros ($140.14 million) (30 september 2015: 136.6 million euros) in first nine months of 2016 due to adjustments of capacity in Southeast Asia . 9-month EBIT was, at 6.9 million euros (30 september 2015: 7.3 million euros), 5 percent below level of previous year . 9-month with 3.9 million euros, group net result was 3 percent above level of previous year (30 september 2015: 3.8 million euros) .PSI board is confident that target range for ebit formulated in 2015 annual report will be achieved.  Full Article

PSI and Irisa collaborate on production management solutions
Friday, 30 Sep 2016 06:06am EDT 

PSI AG : PSI intensifies engagement for the metals industry in Iran .PSI Metals, and the Iranian Irisa Co., have signed a comprehensive collaboration agreement.  Full Article

PSI receives first energy order from the Republic of Kazakhstan
Wednesday, 31 Aug 2016 05:05am EDT 

Psi Aktiengesellschaft Fuer Produkte Und Systeme Der Informationstechnologie :Received first energy order from the Republic of Kazakhstan.  Full Article

PSI Group H1 sales down at 85.1 mln euros
Wednesday, 27 Jul 2016 03:07am EDT 

PSI Aktiengesellschaft für Produkte und Systeme der Informationstechnologie : PSI Group had 6 pct lower sales of 85.1 million euros ($93.58 million) (June 30, 2015: 90.5 million euros) in first six months of 2016 . H1 EBIT increased by 12 pct to 4.5 million euros (June 30 June 2015, adjusted: 4.0 million euros), group net result was, as in previous year 2.4 million euros . Order backlog on June 30, 2016 was, at 144 million euros, 10 pct above level of previous year (30 June 2015: 131 million euros) . Broner Metals, located near London, primarily handles us dollar contracts, while personnel expenses are paid in british pounds, a weakened currency . Does not expect any negative effects from Brexit decision in short term . In mid term PSI expects a further growing demand in fields of information security in energy and production networks, decentralised energy supply and industry 4.0. .PSI board is optimistic for second half of year.  Full Article

Primetals Technologies and PSI cooperate on production management solutions
Tuesday, 5 Jul 2016 04:12am EDT 

PSI : Industry 4.0 from a single source: Primetals Technologies and PSI cooperate on production management solutions for steel industry .Strategic alliance combines process automation with production management.  Full Article

PSI AG maintains cautious targets for FY 2016
Thursday, 28 Apr 2016 04:39am EDT 

PSI AG:Maintains cautious targets for FY 2016 set down in 2015 annual report.  Full Article

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