Nagarro SE ( (NGRRF) ) has released its Q2 earnings. Here is a breakdown of the information Nagarro SE presented to its investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Nagarro SE is a global leader in digital engineering and technology solutions, primarily operating in the IT services sector, known for its innovative approaches to digital transformation and client-centric service delivery. In its latest earnings report for the first half of 2025, Nagarro SE reported a moderate revenue growth of 3.4% year-over-year, reaching €498.9 million, despite facing global economic challenges and currency fluctuations. The company’s gross profit increased by 8.4% to €159.3 million, although its Adjusted EBITDA saw a decline of 18.6% due to negative currency impacts. Key performance highlights include a strong growth in the ‘Management Consulting and Business Information’ and ‘Automotive, Manufacturing and Industrial’ sectors, while ‘Horizontal Tech’ and ‘Telecom, Media and Entertainment’ experienced declines. Geographically, Central Europe showed significant growth, contributing to a balanced revenue distribution across regions. Looking ahead, Nagarro SE anticipates its 2025 revenue to align with the lower end of its initial guidance, with a focus on leveraging AI and digital transformation opportunities to drive future growth. The company remains optimistic about its strategic partnerships and potential acquisitions to enhance its market position.