Unterföhring/Munich, 13 February 2025
- KPS achieves revenue of €32.5 million in a challenging market environment for the retail sector
- EBITDA amounts to €2.2 million, EBITDA margin accordingly at a solid 6.8%
KPS AG (WKN: A1A6V4 / ISIN: DE000A1A6V48), a leading consulting partner in the retail sector (B2C & B2B) for digital transformation in the areas of Digital Strategy, Digital Customer Interaction and Digital Enterprise, announces its results for the first quarter of 2024/2025.
KPS continued on its planned course in the first three months of the new 2024/2025 financial year and actively expanded its activities to attract new customers. The company is not only focused on growing its customer base but also on continuously adapting and enhancing its service portfolio in all three strategic business segments.
In the first three months of the 2024/2025 financial year, KPS generated revenue of €32.5 million (previous year: €38.9 million). This shows a 16.5% decline compared to the same period of the previous year, primarily due to limited personnel availability as well as delayed project launches. In the past quarter, KPS significantly increased new customer acquisition compared to the previous year. However, the trend toward smaller project sizes continues, driven by the extremely tight financial situation, particularly in the German retail sector.
Thanks to the consistent development of its service portfolio and efficient cost management, KPS is able to maintain its position in this market environment. The measures taken are demonstrated by a positive EBITDA of €2.2 million, reflecting a solid EBITDA margin of 6.8%.
Compared to the same quarter of the previous year, this represents a significant improvement in operating profit before depreciation. In the corresponding period of the 2023/2024 financial year, KPS reported a negative EBITDA of -€0.9 million, which was largely impacted by extraordinary one-time effects due to customer insolvencies.
Against the background of the current economic uncertainties and the persistently challenging market environment, KPS will continue its strategic course and, based on the results for the first quarter 2024/2025, confirms its forecast for the 2024/2025 financial year. Therefore, the KPS Executive Board forecasts a revenue for the 2024/2025 financial year to be between €129.5 million and €151.5 million. EBITDA is expected to be in a range from €10.2 million to €14.9 million.
KPS AG
The Executive Board
