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SNP Schneider Neureither & Partner AG (SHFG.F)

SHFG.F on Frankfurt Stock Exchange

42.00EUR
26 May 2017
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Latest Key Developments (Source: Significant Developments)

SNP Schneider Neureither & Partner increases stake in SNP Transformations SEA Pte. Ltd
Tuesday, 16 May 2017 04:52am EDT 

May 16 (Reuters) - SNP SCHNEIDER NEUREITHER & PARTNER AG ::HAS INCREASED ITS SHARE IN SNP TRANSFORMATIONS SEA PTE. LTD., SINGAPORE/MALAYSIA AND NOW HOLDS 81% OF SHARES IN COMPANY.UNILATERAL PURCHASE OPTION FOR JANUARY 1, 2018, IS BEING ARRANGED FOR REMAINING 19% OF SHARES.  Full Article

SNP AG acquires majority stake in Innoplexia GmbH
Friday, 5 May 2017 03:30am EDT 

May 5 (Reuters) - SNP Schneider Neureither & Partner AG ::Acquires majority stake in Heidelberg software company Innoplexia GmbH.  Full Article

SNP Schneider Neureither & Partner buys Polish BCC Group
Thursday, 4 May 2017 06:51am EDT 

May 4 (Reuters) - SNP Schneider Neureither & Partner AG ::Takes over one of largest SAP partners in Central and Eastern Europe.Will acquire 100 percent of shares in Polish BCC Group, headquartered in Poznan, taking effect in May 2017.Exact purchase price is being treated as confidential by both parties.SNP AG will use existing liquid funds to finance acquisition.Revenue forecast for 2017 fiscal year increased to about 110 million euros ($120.21 million).  Full Article

SNP AG Q1 EBIT swings to loss of 2.4 mln euros
Friday, 28 Apr 2017 02:01am EDT 

April 28 (Reuters) - SNP Schneider Neureither & Partner AG ::Publishes business results for the first quarter of 2017 - strong growth continues - investments in markets and the future.Group revenue rise to 21.6 million euros ($23.47 million)in first three months (+16.8% compared to previous year).Revenue and earnings forecast for fiscal year 2017 affirmed.Cash holdings: 53.9 million euros (as of 12/31/2016: 31.9 million euros).Negative earnings before interest, taxes, depreciation and amortization (EBITDA) of -1.8 million euros in first three months of fiscal year (previous year: 1.9 million euros).Q1 operating earnings (EBIT) amounted to -2.4 million euros in same period (previous year: 1.6 million euros).Order backlog as of March 31, 2017 was 40.8 million euros; from comparable previous year's figure of 28.7 million euros, this corresponds to an increase of approximately 42%.  Full Article

SNP AG pursuing acquisition of European SAP consulting and IT company
Thursday, 27 Apr 2017 06:18pm EDT 

April 27 (Reuters) - Snp Schneider Neureither & Partner Ag :Snp AG pursues acquisition of a european sap consulting and it company.Ongoing discussions between two parties are very close to being concluded.Transaction is to be financed with existing cash and cash equivalents.Aim is to conclude transaction shortly.  Full Article

SNP Schneider-Neureither & Partner plans conversion into a European Company (SE)
Monday, 10 Apr 2017 09:04am EDT 

SNP Schneider Neureither & Partner AG : Forges ahead with internationalization / conversion into a european company (SE) is planned . Executive board and supervisory board will propose to general meeting conversion into a Societas Europaea (SE) and creation of authorized capital .Are proposing to general meeting creation of authorized capital corresponding to up to 20 pct of current share capital, i.e. up to 995,357 euros.  Full Article

SNP AG proposes dividend proposal: 0.39 euros/shr
Thursday, 30 Mar 2017 02:05am EDT 

SNP Schneider Neureither & Partner AG : Continued upward trend - revenue and financial performance much higher in 2016 - advances in operational and strategic development . Dividend proposal: 0.39 euros per share (+50%); payout ratio: 48% . FY operating earnings (EBIT) increase to 6.9 million euros(+50%) . Outlook 2017: principle goal: consistent revenue growth - group revenue climbs to between 96 million and 100 million euros . FY earnings per share of 0.95 euros (previous year: 0.69 euros) . Outlook 2017: with organic revenue growth of 10% to 15%, executive board predicts an EBIT margin of between 9% and 11% and forecasts profitability of between 7% and 12% for higher overall growth . FY EBITDA margin: 10.6% (previous year: 10.4%) .FY EBIT margin: 8.5% (previous year: 8.1%).  Full Article

SNP Schneider Neureither & Partner says issues borrower's note loan of 40 million euros
Tuesday, 21 Feb 2017 09:31am EST 

SNP Schneider Neureither & Partner AG : Issues borrower's note loan of 40 million euros ($42.14 million) and calls in corporate bond . Volume is spread across fixed and variable tranches in terms of three to seven years . Due to high level of investor interest and favorable financing conditions, original target volume was extended by 10 million to 40 million euros .Current average yield across all tranches amounts to 1.41 pct p.a..  Full Article

SNP AG prelim FY group revenue at approx. EUR 80 mln
Tuesday, 31 Jan 2017 02:15am EST 

SNP Schneider Neureither & Partner AG : Preliminary figures for the 2016 fiscal year - strong growth in revenue, EBIT margin, order entry and order backlog . FY group revenue: approx. 80 million euros (previous year: 56.2 million euros) . FY EBIT: approx. 7 million euros(previous year: 4.6 million euros . Revenue forecast for 2017: SNP expects revenue of 95 million to 100 million euros in 2017 .Order entry reached 95.6 million euros by December 31, 2016 (previous year: 59.2 million euros), with order backlog at 39.3 million euros (previous year: 20.0 million euros) on December 31, 2016.  Full Article

SNP commissioned with IT project for merger
Friday, 23 Sep 2016 11:53am EDT 

SNP Schneider Neureither & Partner AG : Global market leaders in the chemical industry commissions SNP with key it project for merger . Commissioned to combine the SAP system landscapes of two US-based chemical companies .Order comes to more than $10 million.  Full Article

More From Around the Web

BRIEF-SNP Schneider Neureither & Partner increases stake in SNP Transformations SEA Pte. Ltd

* HAS INCREASED ITS SHARE IN SNP TRANSFORMATIONS SEA PTE. LTD., SINGAPORE/MALAYSIA AND NOW HOLDS 81% OF SHARES IN COMPANY