EQS-Adhoc: Allgeier SE: Guidance for the 2025 financial year and mid-term expectation

Munich, 20 December 2024 – The Management Board of Allgeier SE (ISIN DE000A2GS633, WKN A2GS63), Munich, according to the Group planning approved today, expects revenues in the range of EUR 410 to 450 million for continuing operations in the coming 2025 financial year after the disposal of the personnel services business. The expected adjusted EBITDA of the Allgeier Group's continuing operations for 2025 is between EUR 57 and 63 million. This corresponds to an expected revenue growth of approximately 6 percent and an expected adjusted EBITDA increase of approximately 10 percent. The corresponding adjusted EBITDA margin is expected to be in the range of 14 percent.

In the medium term, the Management Board expects an average organic growth rate of 10 percent for Group revenue over the next three years. The adjusted EBITDA margin is expected to continue to grow to more than 15 percent within this period.

All of the above-mentioned targets and objectives for the period from 2025 onwards relate to organic Group growth. Potential further acquisitions will make an additional contribution to revenue and earnings growth.

The expectation for the business development of the entire Group (continued and discontinued operations) in the current financial year 2024 corresponds to the guidance published in the ad hoc announcement on November 5, 2024.

Notes

It should be noted that disclosures for periods after September 30, 2024 represent expectations of the Management Board based on assumptions and estimates. Future actual developments and future actual results may deviate from these assumptions and estimates. Allgeier SE provides no guarantee and assumes no liability that future developments and future actual results will be consistent with the assumptions and estimates expressed in this ad hoc announcement.

This document contains supplementary financial key figures - not precisely defined in relevant accounting frameworks - which are or may be so-called alternative performance measures. These supplementary financial measures may be of limited use as an analytical tool and should not be used in isolation or as an alternative to the financial measures presented in the consolidated financial statements and determined in accordance with relevant accounting frameworks in assessing the financial position, financial performance and cash flows of Allgeier SE. Other companies that present or report alternative performance measures with a similar title may calculate them differently and therefore they may not be comparable. For more information on the alternative performance measures used by Allgeier SE, please refer to the Annual Report 2023.

Contact:

Allgeier SE
Investor Relations
Dr. Christopher Große
Einsteinstrasse 172
81677 Munich
Tel.: +49 (0)89/998421-0
Fax: +49 (0)89/998421-11
E-mail: ir@allgeier.com
Web: www.allgeier.com

Allgeier SE is a technology company for digital transformation. Allgeier Group companies guide their customers in Germany and abroad through the challenges of digital change with comprehensive software and IT services and support the digitalization and transformation of business-critical processes. With more than 2,000 customers, the broad and stable customer base consists of global corporations, high-performance medium-sized companies and public sector clients at all federal levels. The service portfolio ranges from the company's proprietary software products and high-end software development to consulting, conception and long-term support for software applications in the cloud or other environments. In the two Group segments Enterprise IT and mgm technology partners, more than 3,100 employees work at a total of 46 locations worldwide in the DACH region, France, Spain, Portugal, Poland, Czechia and the Netherlands as well as in India, Vietnam and the USA. In the 2023 financial year, the Allgeier Group as a whole generated sales of EUR 489 million. According to the Lünendonk® List 2024, Allgeier is one of the leading IT service companies in Germany. Allgeier SE is listed on the Regulated Market of the Frankfurt Stock Exchange in the General Standard (WKN A2GS63, ISIN DE000A2GS633). Further information at: www.allgeier.com