Press Release PSI with 12% Growth in Sales and 87% Increase in EBIT in First Six Months

The PSI Group increased new orders by 3.5% to 146 million euros (30 June 2020: 141 million euros) in the first six months. The order backlog on 30 June 2021 was, at 174 million euros, just about the same as the previous year (30 June 2020: 176 million euros). Group sales improved by 11.7% to 117.1 million euros (30 June 2020: 104.9 million euros),…

Press Release PSI Software AG: Share Buyback for the Employee Participation Program

The Executive Board of PSI Software AG (ISIN DE000A0Z1JH9) decided to buy back up to 50,000 of its own shares (this corresponds to approximately 0.32 percent of the capital stock) through the stock exchange for the implementation of this years employee participation program.

Press Release PSI Strengthens Strategic Product Development in the Electrical Energy Business Field

In the Electrical Energy business segment of the PSI Software AG, Dr.-Ing. Andreas Kubis will strengthen the Product Development Division, together with the long-standing Manager Andreas Scheurich. In addition, Dr. Kubis will continue to perform his previous function as Division Manager for Research & Development. The aim is to integrate the…

Press Release PSI Automotive & Industry Becomes a Member of MES Association

With effect from May 1, 2021, PSI Automotive & Industry GmbH is a member of the MES D.A.CH Verband e.V. As a leading MES provider for medium-sized manufacturing companies, PSI wants to contribute and share its decades of expert knowledge in the association.

Press Release PSI with a 77% Increase in EBIT and Record New Orders in 1st Quarter

The PSI Group increased new orders by 9.4% to 105 million euros in the first quarter (31 March 2020: 96 million euros) and therefore booked more than one-hundred million euros in new orders in one quarter for the first time. The volume of orders on 31 March 2021 was, with 197 million euros, 5.4% over the figure of the previous year (31 March 2020:…

Press Release PSI Partners in Research Project IDiNA

PSI Software AG is participating with six partners in the research project IDiNA which is coordinated by the Otto von Guericke University Magdeburg. PSI will develop a validation platform for novel digitization applications in network operations and test it as a cloud-based solution. This will enable research partners to validate their new research…