August 26, 2016 11:25 AM ET

IT Services

Company Overview of itelligence AG

Company Overview

itelligence AG provides SAP software solutions and consulting services for companies. The company operates through Consulting, Licenses, Application Management, and Outsourcing & Services divisions. It offers SAP consulting in connection with implementation and training, as well as technical consulting; and SAP licensing services. The company also provides application management services, including on-demand SAP support, and application outsourcing and hosting; application enhancements, including upgrades and roll-outs; and optimization services, which include advisory, assessments, and roadmaps. In addition, it offers hosting and servicing for SAP software; and analytics, customer engagemen...

Königsbreede 1

Bielefeld,  33605

Germany

Founded in 1989

4,702 Employees

Phone:

49 5 21 9 14 48 0

Fax:

49 5 21 9 14 45 100

Key Executives for itelligence AG

Chief Executive Officer and Member of Management Board
Age: 48
Chief Executive Officer of 2B Interactive
Executive Vice President and Head of Global Human Resources
Head of Mergers & Acquisitions
Chief Operating Officer of International Sales & Operations and Executive Vice President
Compensation as of Fiscal Year 2016.

itelligence AG Key Developments

itelligence AG Reports Earnings Results for the First Six Months Ended June 30, 2016; Provides Earnings Guidance for the Year 2016

itelligence AG reported earnings results for the first six months ended June 30, 2016. For the period, the company reported revenues increased by 10.8% from EUR 322.8 million to EUR 357.7 million, this development was attributable to both organic growth 8.4% and the companies acquired last year 2.4%. EBIT amounted to EUR 8.1 million after EUR 11.4 million in the previous year. EBITA amounted to EUR 11.6 million after EUR 14.6 million in the previous year, resulting in an EBITA margin of 3.2% compared with 4.5% in the same period of the previous year. For the year 2016, the company expects revenue forecast raised to EUR 740 million to EUR 750 million, EBIT margin between 5% and 5.5%.

itelligence AG Announces Executive Changes, Effective July 1, 2016

itelligence AG announced that Norbert Rotter is taking on the role of CEO of the company as of July 1. Rotter, who previously held the position of CFO, is following on from Herbert Vogel, the founder and long-standing CEO of the most successful SAP consultancy firm for the SME market. Herbert Vogel is retiring. Norbert Rotter has been a member of the Management Board of the company since January 2008. As CFO, he was responsible for the successful international expansion of itelligence AG with the Mergers & Acquisitions division.

itelligence AG Reports Earnings Results for the First Quarter of 2016; Provides Earnings Guidance for Fiscal 2016

itelligence AG reported earnings results for the first quarter of 2016. Revenues for the first quarter increased from EUR 160.4 million in the previous year to EUR 177.8 million. This rise was due to both organic growth (8.0%) and the companies acquired last year (2.8%). EBIT amounted to EUR 3.9 million for the first three months of the current year after EUR 4.9 million in the previous year. EBITA after the first three months amounted to EUR 5.6 million after EUR 6.5 million in the previous year. For 2016 as a whole, the management board is forecasting revenue growth to EUR 720 million and an EBIT margin of around 5.5%.

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