PSI Software SE Reports Growth Amidst Challenges

PSI AG fuer Produkte und Systeme der Informationstechnologie (DE:PSAN) has released an update.

PSI Software SE reported a significant growth in the financial year of 2023, with an 8.9% increase in sales to 269.9 million euros, although the operating result and net income saw substantial declines. New orders rose by 17.7% to 297.3 million euros, driven by gains in specific divisions and geographical regions. The firm, however, faced a cyberattack in 2024, the full financial impact of which remains uncertain, potentially affecting the planned incoming orders and sales for the year.

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