Allgeier (AEIN) Investor presentation summary

Strategic positioning and value creation

• Drives digital transformation for public administration and private sector mission-critical processes, building over €2bn in shareholder value in 20 years.

• Maintains a broad customer base of over 2,500 large enterprises, mid-sized companies, and public sector clients.

• Focuses on digitalization, e-government, open-source software, e-commerce, cybersecurity, and cloud services.

• Employs more than 3,100 highly skilled professionals and has completed 85+ acquisitions since 2004.

• Demonstrates a strong buy & build track record, assessing over 1,500 acquisition targets and executing more than 10 divestments.

Financial performance and guidance

• Achieved €403m revenue and 36% gross margin in 2024, with a 13% adjusted EBITDA margin.

• Projects 10% organic revenue growth and a 15%+ EBITDA margin mid-term, targeting €410–450m revenue and €57–63m EBITDA.

• Shows continuous gross margin expansion and sustainable value creation, outperforming DAX index in share performance.

• Maintains €200m revolving credit facility and €60m promissory note loan, with net leverage at 2.96x.

Market trends and growth drivers

• Capitalizes on high-growth trends: cloud/containerization (+32% CAGR), AI (+33% CAGR), IoT (+17% CAGR), and data analytics (+27% CAGR).

• Benefits from expanding German IT services and software markets, with sector revenues rising steadily since 2007.

• Leverages Microsoft Azure and Dynamics, open-source, and low-code platforms to address evolving client needs.