PSI New Orders Increase by 13 Percent in First Quarter

EBIT above that of previous year according to preliminary calculations

Berlin, 18 April 2016 – The PSI Group increased new orders by 13 percent to 70 million Euros in the first quarter. According to preliminary calculations, the EBIT is above that of the previous year and therefore within the budgeted corridor.

All three segments of the PSI Group contributed to the increase in new orders. In Energy Management, the electrical energy business continued to increase new orders, gas and oil contributed significantly to the increase in Germany. The new orders in logistics and steel, which won major contracts in Germany, developed especially well.

As planned, PSI will publish the detailed report for the first quarter on 28 April 2016.

On the basis of its own software products, PSI AG develops and integrates complete solutions for energy management (gas, oil, electricity, heat, energy trading), production management (mining, metals, automotive, mechanical engineering, logistics) and infrastructure management for transport and safety. PSI was founded in 1969 and employs 1,650 persons worldwide.