DATAGROUP (D6H) Q2 2025 earnings summary

Executive summary

• Revenue increased 12.5% year-over-year to EUR 279.8m in H1 2024/2025, with services accounting for 81.7% of total revenue.

• EBITDA rose 8.8% to EUR 41.4m, while net income declined 9.7% to EUR 11.2m compared to H1 2023/2024.

• Gross profit grew 11.1% to EUR 196.5m, but the margin decreased to 70.2% due to higher material expenses.

• Strategic partnership with KKR and HHS announced, including a public tender offer and planned delisting.

Financial highlights

• H1 2024/2025 revenue: EUR 279.8m (+12.5% yoy); services: EUR 228.5m (+10.3% yoy); solutions & consulting: EUR 51.0m (+23.2% yoy).

• EBITDA: EUR 41.4m (+8.8% yoy); EBIT: EUR 22.6m (+8.9% yoy); EBIT margin: 8.1% (prior year: 8.3%).

• Net income: EUR 11.2m (-9.7% yoy); EPS: EUR 1.35 (prior year: EUR 1.49).

• Gross profit: EUR 196.5m (+11.1% yoy); gross margin: 70.2% (prior year: 71.1%).

• Free cash flow: EUR 1.5m (prior year: EUR 10.3m); net debt: EUR 166.1m (prior year: EUR 139.1m).

Outlook and guidance

• FY 2024/2025 revenue expected at EUR 545–565m (prior year: EUR 527.6m).

• EBITDA guidance: EUR 82–85m (prior year: EUR 80.4m); EBIT: EUR 47–50m (prior year: EUR 45.8m).

• Profitability improvement anticipated through increased standardization and AI-driven automation.