Pliezhausen, November 17, 2016. IT service provider DATAGROUP has completed the conversion from a German Aktiengesellschaft to a European Company, Societas Europaea (short: SE). Ten years after its IPO, DATAGROUP AG becomes DATAGROUP SE.

DATAGROUP publishes preliminary FY 2015/2016 results

DATAGROUP AG (WKN A0JC8S) has grown very strongly in FY 2015/2016 and improved its result disproportionately based on preliminary figures. In particular, the cloud and outsourcing provider strongly expanded its high-margin service business. The successful takeover of 306 highly qualified IT specialists was a milestone for the business development.

Over 300 IT specialists are coming to DATAGROUP

Exactly ten years after its IPO in September 2006 DATAGROUP AG (WKN A0JC8S) initiates the next step of corporate development. The IT service provider will take over 306 IT specialists from Hewlett Packard Enterprise (HPE) in Germany on September 1. Accordingly, over 92% of the original 332 HPE employees agreed to a transfer of undertakings to DATAGROUP.

DATAGROUP with strong growth in Q3

DATAGROUP AG (WKN A0JC8S) has accelerated its pace of growth in Q3 of FY 2015/2016 while significantly boosting operating earnings. Revenues, EBITDA and EBIT grew at double-digit rates yoy. In view of the very good performance and the successful takeover of employees and services from Hewlett Packard Enterprise, the management confirms its guidance and targets new records for the fiscal year as a whole.