03/21/2024 Corporate News PSI with Significant Growth in Financial Year 2023 and Stabilization of the Result in the Final Quarter

Publication of the audited annual financial statements postponed to the end of May 2024 at the latest

Berlin, März 21, 2024 - According to preliminary figures, the PSI Group has grown significantly in the financial year 2023. New orders increased by 17.2% to 296 million euros. Group sales grew by 8.9% to 269.9 million euros due to a strong 4th quarter. The operating result, which was burdened by one-off effects, stabilized within the planned corridor at 5.6 million euros.

After the negative effects in the Electrical Grids business in 2022 and 2023, we stabilized the situation in the second half of 2023. At the same time, PSI's growth momentum is intact and the entire team is working hard to gear the company towards profitable growth.

Robert Klaffus CEO, PSI Software SE

The PSI Group has been affected by the consequences of a cyberattack since February 15 and continues to work on the gradual restart of the IT systems and operations. PSI will not publish the complete and audited annual financial statements as planned on March 28, 2024, but probably by the end of May 2024 at the latest.

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