- New orders of 210 million euros, 36% above the same period of the previous year
- Revenue increased by 18% to 132.9 million euros
- Adjusted operating result of 3.5 million euros in line with expectations
Berlin, July 30, 2025 – PSI Group increased new orders by 36.4% to 210 million euros in the first half of 2025 (June 30, 2024: 154 million euros) and thus recorded new orders of more than 200 million euros in the first half of the year. At 206 million euros, the order backlog on June 30, 2025 was approximately at the previous year's level (June 30, 2024: 211 million euros) despite the sale of the Mobility business. Group revenues improved by 18.3% to 132.9 million euros (June 30, 2024: 112.3 million euros). At 3.5 million euros, the operating result adjusted for restructuring and mergers & acquisitions costs (adjusted EBIT) was in line with expectations, the non-adjusted operating result (EBIT) reached 2.1 million euros, after being significantly impacted by the cyberattack in the same period of the previous year (June 30, 2024: −19.4 million euros). The consolidated result was correspondingly −1.4 million euros (June 30, 2024: −22.6 million euros).
| Performance indicators (KEUR) | Jan. 1 – June 30, 2025 | Jan. 1 – June 30, 2024 | Change |
|---|---|---|---|
| Sales | 132,896 | 112,297 | +18.3% |
| Adjusted EBIT | 3,514 | −19,412 | >100% |
| EBIT | 2,105 | −19,412 | >100 % |
| Group net result | −1,428 | −22,551 | +93.7% |
| Earnings per share (EUR) | −0.09 | −1.46 | +93.8% |
The Grid & Energy Management segment achieved 26.9% higher revenue of 61.1 million euros (June 30, 2024: 48.2 million euros) and a positive operating result of 2.2 million euros (June 30, 2024: −14.8 million euros).
Revenue in the Process Industries & Metals segment increased by 15.9% to 35.3 million euros (June 30, 2024: 30.5 million euros). The segment's operating result improved to 0.9 million euros (June 30, 2024: −0.1 million euros).
At 16.7 million euros, revenue in the Discrete Manufacturing segment was 27.3% higher than in the previous year (June 30, 2024: 13.1 million euros). The operating result improved to 0.4 million euros (June 30, 2024: −0.7 million euros).
The Logistics segment increased revenue by 19.6% to 17.1 million euros (June 30, 2024: 14.3 million euros) and achieved an operating result of 0.6 million euros (June 30, 2024: −0.9 million euros).
The number of employees in the Group increased slightly to 2,351 (June 30, 2024: 2,324) due to targeted recruitment and following the sale of the Mobility division. Cash flow from operating activities amounted to 7.6 million euros (June 30, 2024: −17.6 million euros), so that cash and cash equivalents increased to 31.2 million euros compared to the end of 2024 (December 31, 2024: 26.5 million euros).
As part of the “PSI Reloaded” transformation program, the Group's new organizational structure was implemented on December 1, 2024. Since the first quarter of 2025, PSI has been focusing more strongly on exploiting the synergy effects from the reorganization. In the Grid & Energy Management segment, in addition to measures to focus the product portfolio and improve efficiency in professional services and maintenance, a cost-cutting program was initiated in the second quarter of 2025 as announced. The program will result in one-off expenses that will burden the 2025 financial year with a high single-digit million amount. PSI expects that significant savings can be achieved from 2026 as a result of the cost reduction program.
Overall, the management continues to expect new orders and revenues to grow by around 10% and an adjusted EBIT margin of around 4% for 2025.
The PSI Group develops software products for optimizing the flow of energy and materials for utilities and industry. As an independent software producer with more than 2,300 employees, PSI has been a technology leader since 1969 for process control systems that ensure sustainable energy supply, production and logistics by combining AI methods with industrially proven optimization methods. The innovative industry products can be operated on-premises or in the cloud. www.psi.de
