CENIT concludes KEONYS acquisition, raises sales forecast for 2017
Stuttgart, July 3, 2017 - On July 1, 2017, CENIT AG purchased the shares of KEONYS S.A.S., Paris, to successfully conclude the acquisition of the company. KEONYS is a leading European reference partner for software integration in product lifecycle management (PLM) and 3D design based on software products by Dassault Systèmes. With 150 staff at ten locations in France, Germany and the Benelux countries, KEONYS generated sales of approx. 56 million Euros in 2016. The successful integration of KEONYS makes CENIT Group the most important international partner of Dassault Systèmes and the European market leader in the product lifecycle management field.
As a result of the acquisition, CENIT is raising its growth forecast for the 2017 business year. With EBIT remaining virtually unchanged, the company expects on-year sales growth of about 25% to approx. 150 million Euros.
About CENIT: CENIT is your partner for successful digital transformation. With a broad solutions and services portfolio, CENIT enables clients to optimize their horizontal and vertical business processes. Our solutions are based on innovative technologies in: product lifecycle management, the digital factory and enterprise information management. With interdisciplinary knowledge of the processes involved and their considerable expertise in the field, CENIT consultants provide customers with end-to-end advice to ensure that solutions are implemented with an understanding of the entire value chain. With a holistic approach and based on trusted partnerships, CENIT takes responsibility for solutions on behalf of our clients. From the initial consultation to the introduction of innovative IT solutions, right through to ensuring a cost-effective operation. The CENIT team adapts to each client, taking a practical approach, which enables measurable, operational optimizations. CENIT has been helping prestigious customers in key industries to gain competitive advantages for over 25 years! CENIT has over 700 employees worldwide who work with customers from: automotive, aerospace, industrial equipment, tool and mold manufacturing, financial services, and trade and consumer products industries. Please send queries to: CENIT AG Investor Relations Industriestrasse 52-54, D-70565 Stuttgart Tel.:+497117825-3320 Fax:+49711782544-4320 Email: email@example.com
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Company: CENIT AG Industriestraße 52 - 54 70565 Stuttgart
Germany Phone: +49 (0)711 78 25 - 30 Fax: +49 (0)711 78 25 - 4000 E-mail: firstname.lastname@example.org Internet: www.cenit.com ISIN: DE0005407100 WKN: 540710 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange End of News DGAP News Service