Press Release News Magazine FOCUS and Initiative For Our Planet Award PSI Again for Top Climate Commitment

Once again, the magazine FOCUS and the sustainability initiative For Our Planet have honored the PSI Group as one of the German companies with top climate commitment in their study, which was conducted for the second time. As in the previous year, the selection was carried out together with research partner FactField, Klimaschutz-Unternehmen e.V.…

Press Release PSI Presents New AI-Based Software Product PSIdetect for Anomaly Detection in the Grid

At this year’s “PSI EE Info Days,” PSI's business unit Electrical Energy presents new software products and features for network control technology, network planning, and field force management. The conference will take place on November 16 and 17, 2022. It focuses on load and charging management, Redispatch 2.0, service monitoring, and detecting…

Press Release PSI with strong industrial business in the third quarter

The PSI Group improved sales by 2.5% to 179.7 million euros in the first nine months of 2022 (30 Sept. 2021 adjusted: 175.4 million euros). Due to weak order intake and significant project overruns in the municipal utilities business, operating earnings (EBIT) were 13% down year-on-year at 14.3 million euros (30 Sept. 2021 adjusted: 16.4 million…

Press Release PSI Receives Innovation Award from German Gas Industry 2022

PSI Software AG received on 12 October in Berlin the Innovation Award from the German Gas Industry 2022 in the category "Intelligent Infrastructure" for the software product PSIcontrol/Greengas.

Press Release PSI adjusts Annual Targets due to Business Performance in the Electrical Grids Business

The Executive Board of PSI Software AG has decided to adjust the annual target for the operating result from continuing operations (EBIT) to 20 million euros due to the course of business in the Municipal Utilities business (current consensus estimate: 25.1 million euros). The Municipal Utilities business, which generates around 5% of Group sales,…

Press Release PSI Metals and Seresco Enter into Strategic Partnership to Cover New Local Markets

In July, PSI Metals signed a strategic partnership with Seresco, a Spanish software company. Within this partnership, Seresco will support the distribution of the PSImetals products and will launch them into new local markets.