Allgeier SE Meets Q1 2025 Earnings Target and Maintains Outlook

Allgeier SE has successfully achieved its earnings targets for the first quarter of 2025, reporting a revenue of EUR 96 million from continuing operations, slightly down from EUR 99 million in the previous year. The company's results were influenced by delays in digitalization projects in the public sector, but expectations are set for improvements in the latter half of the year, particularly with increased federal budgets.

The company's gross profit reached EUR 33 million, resulting in a gross margin of 34%. Adjusted EBITDA remained steady at EUR 10 million, with a margin of 10%. The net debt rose to EUR 138 million by the end of March 2025.

Despite slight declines in certain financial metrics, Allgeier SE has reaffirmed its fiscal guidance for the year. Comprehensive figures for the first quarter will be available in mid-May.