Nagarro SE

Nagarro SE
Company typeSocietas Europaea
ISINDE000A3H2200
IndustryIT services
Founded2020; 5 years ago (2020)
Headquarters
Munich
,
Germany
Revenue€1 billion (2023)
Number of employees
18,000 (2023)
Websitewww.nagarro.com

Nagarro SE is a German IT service provider based in Munich, Bavaria, Germany. The company was founded in 2020 as a spin-off of Allgeier SE.[1] The company has been listed on the Frankfurt stock exchange since December 2020.[2] Nagarro was included in the SDAX index in June 2021 and in the TecDAX of Deutsche Börse in December 2021.[3] The company's activities include digital products and IT services, particularly for the automotive, energy and telecommunications industries.[2]

Products and sectors

Nagarro SE primarily designs, develops and implements software for industry in cases where no standard software available on the market is suitable. The company uses the term digital product engineering for this purpose.[4] In addition to the automotive, energy and telecommunications industries, the company also targets banks and insurance companies, public administration, media and computer game developers, among others.[5]

Personnel and locations

In December 2020, the company stated that it had a workforce of over 8,400 employees. The employees were spread across more than 25 countries in Europe, Asia and North America.[6] in 2023 it had 18,000 employees in 36 countries.[7]

Finances

The key trends for Nagarro SE are, as of each financial year:[8]

Year 2017 2018 2019 2020 2021 2022 2023
Total revenue (€ mn.) 211 287 402 430 546 856 >1000
Net profit (€ mn.) 3 7 25 18 30 77 ...
Total Assets (€ mn.) 167 298 343 388 526 621 ...
Number of employees ... ... 8,406 8,666 13,684 18,250 18,000

References

  1. ^ "Abspaltung (Spin-Off) Nagarro SE". Retrieved 2021-09-21.
  2. ^ a b "Abspaltungen: Mehrwert durch Trennung - spannende Investmentideen aus Spin-Offs". Börse Online (in German). Retrieved 2021-09-21.
  3. ^ "Marktbericht: Zwischen Zinssorgen und Steuerhoffnungen". tagesschau.de (in German). Archived from the original on 2021-08-04. Retrieved 2021-09-21.
  4. ^ "Nagarro will im Dezember an die Börse" (in German). 2020-11-13. Retrieved 2021-09-21.
  5. ^ Nagarro. "Branchen" (in German). Retrieved 2021-09-21.
  6. ^ "Nagarro startet als eigenständig börsennotiertes Unternehmen - dgap.de". Retrieved 2021-09-21.
  7. ^ Nagarro. "Über uns | IT Beratung & Services | Nagarro". www.nagarro.com. Retrieved 2024-03-17.
  8. ^ "Nagarro SE Umsatz, Kennzahlen, Bilanz/GuV". finanzen.net.

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