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Wed, 19.06.2024       CENIT AG

Stuttgart, 19 June 2024 - The Supervisory Board today approved the premature extension of Peter Schneck's contract. The Management Board contract, originally concluded for three years, has now been extended for a period of five years until 17 October 2029. Peter Schneck joined CENIT AG as a member of the Management Board on 18 October 2021 and was [ … ]
Tue, 14.05.2024       CENIT AG

Stuttgart, 14 May 2024 – In the first quarter 2024 the CENIT Group has continued its strong performance from 2023 and remains on course for growth. After three months, the CENIT Group has generated sales revenues of EUR 50,545 k (previous year: EUR 43,416 k/+16.4%). Sales of third-party software increased by 17.6% to EUR 26,188 k (prior year: EUR 2 [ … ]
Thu, 04.04.2024       CENIT AG

Stuttgart, April 4th, 2024 - 2023 was a successful year for the CENIT Group. Despite the ongoing difficult economic situation in Germany and the various geopolitical challenges, the CENIT Group performed well. The strategically important acquisitions, both in the EIM and PLM environment, made a significant contribution to this. The Group increased  [ … ]
Wed, 27.03.2024       CENIT AG

CENIT AG: Management Board and Supervisory Board propose dividend of EUR 0.04 per share diverging from the previous dividend policy Stuttgart, 27 March 2024 - The Management Board and Supervisory Board of CENIT AG have decided to propose to the 2024 Annual General Meeting that a dividend of EUR 0.04 per share be distributed from the net profit of  [ … ]
Tue, 16.01.2024       Cenit AG

First acquisition of 2024 strengthens the 3DS Solutions division; forecasts and target price unchanged   As expected, CENIT AG is continuing the high level of acquisition activity implemented since the 2022 financial year in the 2024 financial year. As the company announced in the second calendar week of the still young year, CCE b:digital G [ … ]
Wed, 10.01.2024       CENIT AG

CENIT acquires CCE b:digital, consolidating position as leading strategic global partner of Dassault Systèmes and expanding market share Stuttgart, January 10, 2024 – CENIT began the new year with a first milestone: Effective January 1, 2024, the international CENIT Group has acquired a 100% share of CCE b:digital GmbH & Co. KG (CCE). The acqu [ … ]
Fri, 03.11.2023       Cenit AG

9 months 2023: Three more companies acquired in 2023; High revenue and earnings growth achieved; Slight forecast and price target adjustment; Rating: BUY   In the third quarter of 2023, CENIT AG achieved sales growth of 9.3% to € 45.84 million (Q3 2022: € 41.95 million), thus seamlessly continuing the previous development of the cu [ … ]
Thu, 02.11.2023       CENIT AG

Stuttgart, November 02, 2023 - The CENIT Group continues to be on course for growth. Continued strong consulting and service business (vs. previous year: +40.2%) as well as increased recurring sales (vs. previous year: +5.9%) determined the sales growth after nine months (vs. previous year: +EUR 17,442 k/+15.1%). The consulting and service business [ … ]
Thu, 02.11.2023       CENIT AG

Stuttgart, November 02, 2023 – CENIT Supervisory Board appoints Axel Otto to CENIT AG Management Board effective January 1, 2024. CENIT AG is announcing a change at the top management level: As of January 1, 2024, Mr. Axel Otto (MBA) will act as the new Chief Financial Officer (CFO) of the international IT and software consulting provider. In his [ … ]
Thu, 03.08.2023       Cenit AG

1.HY 2023: Revenue growth of 18.3%, EBIT increase of 134.1%; forecasts confirmed; price target raised to €21.00 (previously: €19.75) due to roll-over effect   After CENIT AG had already made a very good start to the year in the first quarter of 2023 with sales growth of 22.7%, the growth trend was continued with a sales increase of [ … ]

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