This presentation contains forward-looking statements based on management estimates and reflects the current views of q.beyond AG's ("q.beyond's") management board with respect to future events. These forward-looking statements correspond to the situation at the time this presentation was prepared. Such statements are subject to risks and uncertainties, which q.beyond is mostly unable to influence. These risks and uncertainties are covered in detail within the risk report section in our financial reporting.
Although the forward-looking statements are made with great care, their correctness cannot be guaranteed. Actual results may therefore deviate from the expected results described here. q.beyond does not intend to adjust or update any forward-looking statements after publication of the presentation.
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Q2 2022: robust growth …
Revenues continue to rise, but fall short of original expectations
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in a challenging environment
Macroeconomic conditions have deteriorated significantly
• Increased uncertainty among companies
"ifo Business Climate" at lowest level in two years
• Drastically reduced growth forecasts (IMF July 2022: +1.2 %)
• High inflation (June 2022: +7.6 %)
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New orders of more than
€ 100 million in H1 2022
New orders in 2022 still expected to exceed
€ 200 million
In Q2 2022
72% of orders came from new customers or involved new projects with existing customers
28% involved extensions of contracts with terms generally amounting to 3 to 5 years
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q.beyond AG published this content on 08 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 August 2022 13:14:05 UTC.
q.beyond AG is a Germany-based company engaged in the providing digital solutions. The Company offers cloud management, Systems Applications and Products (SAP), Internet of things (IoT), and other information technology (IT) services. The Company operates in two segments: Cloud & IoT and SAP. The Cloud & IoT segment include IT outsourcing, private enterprise cloud, multi cloud, digital workplace and German data centers, as well as consulting, software development, hardware provision, customer-specific IoT platforms and security and connectivity. The SAP segment focuses on the operation and management of SAP application. Its customers include small- to mid-size enterprises (SME).