Nagarro SE records a 65.0% increase in sales in the second quarter compared to the previous year (German)

Unaudited key financial data for the second quarter of 2022 ^

DGAP-News: Nagarro SE / Keywords: Semi-annual results / Semi-annual report

Nagarro SE recorded a 65.0% increase in sales in the second quarter

last year

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12/08/2022 / 09:06 CET / CEST

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August 12, 2022 – Nagarro, a global leader in the digital industry

Engineering, as part of the 2022 Semi-Annual Financial Report, announced today

Unaudited key financial data for the second quarter of 2022 (April 1)

until June 30, 2022). Nagarro was able to take advantage of the sales dynamics from

Q1 2022 also in Q2 2022 Request

he remained strong and seemed unfazed by the oncoming people

Possible economic slowdown. Sales increased in the second

Quarter 2022 to EUR 210.0 million, an increase of 65.0% compared to 127.3

EUR million in the second quarter of last year and an increase of 13.2%

compared to EUR 185.5 million in the first quarter of 2022

Currency-neutral revenue growth in the second quarter of 2022 was

55.7%. Gross profit increased to EUR 60.2 million in the second quarter of 2022.

EUR 38.0 million in the second quarter of 2021 Gross margin decreased in the second quarter

to 28.7% in Q2 2022 compared to 29.9% in Q2 2021.

Adjusted EBITDA increased by 111.9% to EUR 40.2 million in the second quarter of 2022.

(which corresponds to an adjusted EBITDA margin of 19.1%) compared to PLN 19.0 million

EUR (corresponding to the adjusted EBITDA margin of 14.9%) in the second

quarter 2021

EBITDA increased by 156.2% to EUR 39.4 million in the second quarter of 2022,

compared to EUR 15.4 million in the same quarter of the previous year. Necessary cleaning

related to equity options expenditure of EUR 0.8 million. This

EBIT increased year-on-year by 224.0% to EUR 31.1 million

EUR 9.6 million in the second quarter of 2021. Net profit increased year on year

by 296.3% to EUR 22.3 million compared to EUR 5.6 million in the second quarter of 2021.

For the second quarter of 2022, the company employs 872 net specialists

gained – this number also includes interns and career changers

and career changers.

Dipika Srivastava, Nagarro’s friend from Lucknow, India, who is professional

involved with the cloud, web APIs, and microservices, said: “Everyone and everyone

all of us at Nagarro are excited about our growth

can be achieved. Nagarro clearly strengthens its position as a global one

a leading provider of agile technology services. “

Business development in the first half of 2022

Nagarro published a semi-annual financial report. Sales increased

in the first half of 2022 (from 1 January to 30 June 2022) to EUR 395.6 million, which

an increase of 62.8% compared to EUR 243.0 million in the first half of 2021.

is equal. Currency-neutral increase in sales in the first half of 2022

was 55.6%. Gross profit rose from 72.1 million euros in the first half of the year

2021 to EUR 110.5 million in the first half of 2022. Gross margin fell from

29.7% in the first half of 2021 to 27.9% in the first half of 2022

Adjusted EBITDA increased by 84.3% to EUR 69.1 million in the first half of 2022.

(Equivalent to Adjusted EBITDA of 17.5%) compared to 37.5

EUR million (adjusted EBITDA margin of 15.4%) in the first

Half year 2021. EBITDA increased by 105.7% to EUR 67.2 million compared to

EUR 32.7 million in the first half of 2021, EBIT increased compared to

a year earlier by 141.2% to EUR 51.6 million, starting from EUR 21.4 million in the first one

H1 2021. Net profit increased by 172.4% year-on-year to 36.2

million euros compared to 13.3 million euros in the first half of 2021

Cash and cash equivalents decreased by 34.5 compared to December 31, 2021.

EUR million to EUR 72.1 million, mainly due to expenditure in

relationship with various acquisitions.

Nagarro will host an analyst conference on the 2022 Semi-Annual Financial Report

a form of video chat beginning on August 12, 2022 at 13:30 CEST

(Berlin), corresponding to 12:30 BST (London), 7:30 EDT (New

York City), 4:30 PM PDT (San Francisco), 7:30 PM SGT (Singapore), 8:30 PM

JST (Tokyo) and 5:00 PM IST (New Delhi). Register if you are interested

Join our earnings video call here.

About Nagarro

Nagarro, a world leader in digital engineering,

supports its clients in creating innovative, digital companies

and thus be successful in your markets. Undertaking

characterized by an entrepreneurial, agile and global character,

with a caring mentality and approach to pioneering solutions

Find. Nagarro employs over 16,800 people and is present in 31 countries

present. More information at www.nagarro.com.

FRA: NA9 (SDAX / TecDAX, ISIN DE000A3H2200, WKN A3H220)

Please feel free to contact us if you have any questions [email protected]

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08.12.2022 CET / CEST Publication of corporate news / financial announcement,

provided by DGAP – EQS Group AG service.

The issuer / publisher is responsible for the content of the application.

DGAP’s distribution services include statutory reporting requirements,

Corporate / financial news and press releases.

Media archive at http://www.dgap.de

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German

Company: Nagarro SE

Einsteinstraße 172

81677 Munich

Germany

Phone: 089 9984210

Website: www.nagarro.com

ISIN: DE000A3H2200

WKN: A3H220

Indices: SDAX, TecDAX

Exchanges: Regulated market in Frankfurt (Prime Standard);

Open market in Berlin, Dusseldorf, Hamburg, Munich,

Stuttgart, Tradegate

EQS message ID: 1419199

End of news DGAP news service

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1419199 08/12/2022 CET / CEST

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