sur CENIT AG (ETR:CSH)
CENIT AG Reports Significant Profitability Increase in Q1 2026
Stuttgart, May 12, 2026 – CENIT AG has announced significant improvements in profitability for the first quarter of 2026. The company's EBITDA reached EUR 5,033k, a notable increase from the previous year's EUR -2,439k, due to an enhanced cost structure. The EBITDA margin now stands at 9.6% of revenue.
In terms of revenue, CENIT reported EUR 52,472k, a 1.9% increase from the same period last year. Revenue from CENIT’s proprietary software rose by 4.7%, while the Consulting and Services segment saw a 4.5% growth.
CENIT's financial position also improved, with equity rising to EUR 45,476k and cash equivalents totaling EUR 28,640k. The company reduced its net bank debt to EUR 4,770k from the previous year's EUR 13,770k. Operating cash flow increased to EUR 13,757k.
The outlook remains positive, with the management confident in achieving a group revenue of at least EUR 210 million and an EBITDA of EUR 18 million for 2026.
R. E.
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