The IT service provider Nagarro shifts the publication of the year and the annual report 2024.
The preliminary results should actually be presented on April 29. The additional period of time is needed to prepare the preparation and examination process for the annual financial statements and the management report together with the new auditor, the company said on Friday evening. This concerns, in particular, complex facts of sales realization with regard to the period -friendly delimitation of sales proceeds.
According to the company, the delay in the publication of the certified annual report is expected to lead to a temporary exclusion of the Nagarro share from the SDAX. The 2023 profit and loss account is affected by the changes in accounting, but not the adjusted EBITDA (result before interest, taxes and depreciation) this year. Nagarro does not expect any effects for the 2024 balance sheet.
The company therefore confirmed the forecasts for the past year. In addition, Nagarro also wants to release a dividend between 10 and 20 percent of the EBIT (result before interest and tax) to the shareholders.
In the aftercare tradegate trade, the Nagarro share temporarily loses 3.16 percent to EUR 64.40.
/He/ajx
Munich (dpa-Afx)
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