Nagarro SE ( (NGRRF) ) has released its Q1 earnings. Here is a breakdown of the information Nagarro SE presented to its investors.
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Nagarro SE is a global digital engineering company specializing in technology services and solutions across various industries, with a focus on digital transformation and innovation.
In its latest earnings report for Q1 2025, Nagarro SE reported a modest increase in revenue, despite facing a challenging global economic environment. The company’s revenue grew by 3.6% year-over-year, reaching €246.9 million, while gross profit also saw a slight increase. However, the adjusted EBITDA experienced a significant decline, reflecting the company’s ongoing strategic adjustments and market conditions.
Key financial highlights include a revenue increase in several sectors, such as Management Consulting and Business Information, and Travel and Logistics, while other areas like Horizontal Tech and Telecom, Media, and Entertainment saw declines. Geographically, revenue from Central Europe showed growth, whereas North America experienced a slight decrease. The company also reported a decrease in net profit and a reduction in total assets, attributed to various strategic financial decisions.
Despite the mixed financial results, Nagarro SE maintains a positive outlook for 2025, projecting revenue growth and targeting a stable gross margin. The company continues to explore potential acquisitions and strategic partnerships to enhance its market position and drive future growth.
Looking forward, Nagarro SE aims to leverage its strategic partnerships and industry expertise to navigate the uncertain economic landscape, with a focus on sustaining growth and enhancing shareholder value.