ORBIS AG significantly exceeds sales and earnings expectations in the 2020 financial year
ORBIS AG, the Saarbrücken-based software and business consulting company listed in the General Standard, has today published its 2020 annual report.
ORBIS also generated a very good result in 2020, a year marred by the coronavirus pandemic. Sales increased further, and the acquisition of Data One GmbH and investments in new products further strengthened ORBIS’s service portfolio.
According to the annual report, ORBIS recorded a year-on-year increase in sales (consolidated sales including the acquisition of Data One GmbH) of 18.9% to €85,897 thousand at Group level in the 2020 financial year (previous year: €72,266 thousand). The number of employees rose by 18.3% to 665 as at 12/31/2020 (previous year: 562 employees). The increase is also partly a result of the 100% stake in Data One GmbH, based in Saarbrücken.
The operating profit (EBIT) grew by 19.1% to €4,283 thousand (previous year: €3,595 thousand).
The share of the consolidated result attributable to the shareholders of ORBIS AG amounts to €1,942 thousand after taxes and minority interests, making it slightly lower than in the previous year (€1,972 thousand). This corresponds to a result per share of around 21 cents per share (previous year: 22 cents per share).
The Executive Board and Supervisory Board will therefore propose a dividend payment of 20 cents per share at the 2021 General Meeting.
At €11,792 thousand, the cash flow from operating activities is clearly positive and higher than in the previous year (previous year: €4,143 thousand). Cash and cash equivalents in the Group amounted to €26,063 thousand as at the balance sheet date (previous year: €10,470 thousand). The inflow of cash is also the result of payments received in connection with the capital increase in 2020. The equity ratio as at December 31, 2020, was 49.7%.
ORBIS expects that the coronavirus crisis will continue to have an impact on customers’ business activities in the 2021 financial year and, in particular, on their willingness to start new projects.
Nevertheless, ORBIS is still planning to invest in the 2021 financial year with a moderate increase in the number of new employees, not to mention in training and further education. Further acquisitions to expand the service portfolio are also being considered due to ORBIS AG’s positive financial situation, provided that suitable opportunities arise.
Due to the continuing crisis situation in the economy, ORBIS expects single-digit percentage growth in sales and a positive EBIT margin of between 4% and 5% for the 2021 financial year.
About ORBIS
ORBIS helps SMEs and international corporations to digitalize their business processes – from jointly developing the customer-specific big picture, to practical implementation in the project. The digitalization and automation of business processes across the entire value chain ensure our customers’ competitiveness. The in-depth process know-how and innovative strength of our more than 650 employees, combined with the expertise gained from more than 30 years of successful, international project work in various industries, make us a competent partner. We rely on the solutions and technologies of our partners SAP and Microsoft, whose portfolios are rounded off by ORBIS solutions. Our focus in this regard is on SAP S/4HANA, customer engagement and turning the Smart Factory into a reality. Using smart cloud technologies such as machine learning, cognitive services or the IoT as a basis, we promote our customers’ innovative strength in the development of innovative products, services and business models. Our expertise results from over 2,000 customer projects in more than 500 customers operating in the automotive supply industry, construction supply industry, electrical and electronics industry, mechanical and plant engineering, logistics, metal industry, consumer goods industry and trade. Long-standing customers include the ZF Group, Hörmann, Hager Group, Rittal, Kraftverkehr Nagel, ArcelorMittal, Montblanc, Bahlsen and Sonepar.
For more information, please visit orbis.de
or contact
Dr. Sabine Stürmer, Head of Investor Relations at ORBIS AG
Tel: +49 (0)681 99 24 605, E-Mail: sabine.stuermer(at)orbis.de
