- New orders of 158 million euros, 66% above the same quarter of the previous year
- Revenue increases by 35% to 67.9 million euros
- Operating result of 2.1 million euros in line with expectations
Berlin, April 30, 2024 – PSI Group increased new orders by 66.3% to 158 million euros in the first quarter of 2025 (March 31, 2024: 95 million euros) and thus recorded new orders of over one hundred and fifty million euros in one quarter for the first time. At 223 million euros, the order backlog on March 31, 2025 was 5.2% higher than the previous year's figure (March 31, 2024: 212 million euros) despite the sale of the Mobility business. Group revenues improved by 35.1% to 67.9 million euros (March 31, 2024: 50.3 million euros). At 2.1 million euros, the operating result (EBIT) was in line with expectations (March 31, 2024: −14.8 million euros) after being significantly impacted by the cyberattack in the same quarter of the previous year. The consolidated result was correspondingly 0.3 million euros (March 31, 2024: −16.4 million euros).
| Performance indicators (KEUR) | Jan. 1 – March 31, 2025 | Jan. 1 – March 31, 2024 | Change |
|---|---|---|---|
| Sales | 67.902 | 50.268 | +35,1 % |
| EBIT | 2.145 | −14.788 | >100 % |
| Group net result | 271 | 16,410 | >100% |
| Earnings per share (EUR) | 0.02 | −1.06 | >100 % |
The Grid & Energy Management segment achieved 35.9% higher revenue of 30.2 million euros (March 31, 2024: 22.2 million euros) and a positive operating result of 1.5 million euros (March 31, 2024: −9.2 million euros).
Revenue in the Process Industries & Metals segment increased by 36.9% to 19.2 million euros (March 31, 2024: 14.0 million euros). The segment's operating result improved to 0.8 million euros (March 31, 2024: −0.7 million euros).
At 7.8 million euros, revenue in the Discrete Manufacturing segment was 28.3% higher than in the previous year (March 31, 2024: 6.1 million euros). The operating result improved to −0.1 million euros (March 31, 2024: −1.2 million euros).
The Logistics segment increased revenue by 39.4% to 8.2 million euros (March 31, 2024: 5.9 million euros) and achieved a balanced operating result (March 31, 2024: −1.3 million euros).
The number of employees in the Group increased slightly to 2,339 (March 31, 2024: 2,335) due to targeted recruitment and the sale of the Mobility division. Cash flow from operating activities amounted to 10.6 million euros (March 31, 2024: 15.9 million euros), so that cash and cash equivalents increased to 32.5 million euros compared to the end of 2024 (December 31, 2024: 26.5 million euros), while current financial liabilities were reduced to 8.2 million euros (December 31, 2024: 21.1 million euros).
With record new orders of 158 million euros, the PSI Group has made a good start to 2025 and has won significant major orders from existing customers and orders from new customers in the first quarter. In addition, PSI has taken the first successful steps towards the cloud transformation of its business model and has gained a strategic partner for the transformation process in Google Cloud.
The PSI Executive Board therefore continues to expect growth in new orders and revenues of around 10% for the year as a whole and an adjusted EBIT margin of around 4% despite the investments in the new cloud/SaaS-based products.
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.
