Exploring adesso And Two Other High Growth Tech Stocks In Germany
Reviewed by Simply Wall St
The German market has shown resilience with the DAX index eking out a modest gain amid broader European caution following the U.S. Federal Reserve's recent rate cut. As investors navigate this complex environment, identifying high-growth tech stocks becomes crucial, with companies like adesso standing out due to their innovative capabilities and strong market positioning.
Top 10 High Growth Tech Companies In Germany
| Name | Revenue Growth | Earnings Growth | Growth Rating |
|---|---|---|---|
| Formycon | 31.78% | 30.52% | ★★★★★☆ |
| Ströer SE KGaA | 7.39% | 29.88% | ★★★★★☆ |
| Stemmer Imaging | 13.34% | 23.20% | ★★★★★☆ |
| Exasol | 14.66% | 117.10% | ★★★★★☆ |
| ParTec | 41.16% | 63.31% | ★★★★★★ |
| medondo holding | 35.61% | 82.66% | ★★★★★☆ |
| Northern Data | 32.53% | 68.17% | ★★★★★☆ |
| cyan | 27.51% | 67.79% | ★★★★★☆ |
| Rubean | 55.25% | 67.67% | ★★★★★☆ |
| asknet Solutions | 20.06% | 74.86% | ★★★★★☆ |
We're going to check out a few of the best picks from our screener tool.
adesso (XTRA:ADN1)
Simply Wall St Growth Rating: ★★★★☆☆
Overview: adesso SE, along with its subsidiaries, offers IT services in Germany, Austria, Switzerland, and internationally and has a market cap of €414.04 million.
Operations: The company generates revenue primarily through its IT-Services (€1385.63 million) and IT-Solutions (€128.12 million) segments, with a net effect of consolidation and reconciliation adjustments totaling -€288.80 million.
Adesso SE, amidst a challenging market, reported a significant sales increase to €633.47 million, up from €548.19 million year-over-year, showcasing robust revenue growth of 11.7% annually—outpacing the German market's average of 5.5%. Despite this, the firm faced a deepened net loss of €9.86 million compared to the previous year's €5.89 million. Looking ahead, Adesso is poised for substantial earnings acceleration with forecasts suggesting an impressive 46.45% annual profit growth rate over the next three years as it transitions towards profitability in a competitive IT landscape where R&D expenditures are critical for maintaining technological edge and innovation.
SAP (XTRA:SAP)
Simply Wall St Growth Rating: ★★★★☆☆
Overview: SAP SE, along with its subsidiaries, delivers applications, technology, and services globally and has a market cap of €240.64 billion.
Operations: SAP SE, through its subsidiaries, generates revenue primarily from applications, technology, and services amounting to €32.54 billion. The company's cost structure and profit margins are not detailed in the provided data.
SAP SE, navigating a challenging tech landscape, has demonstrated resilience with its R&D investments fueling innovation and growth. The company's revenue is expected to rise by 9.8% annually, outpacing the German market average of 5.5%. This growth is underpinned by SAP’s strategic focus on cloud ERP solutions and AI integration, which are pivotal in maintaining competitive advantage and responding to dynamic market demands. Notably, earnings are projected to surge by 37.9% per year, reflecting robust operational efficiency and market adaptation despite recent one-off losses of €3.3 billion impacting financials. This forward momentum is supported by SAP's active engagement in high-profile conferences and strategic partnerships aimed at expanding its technological footprint and enhancing enterprise architectures globally.
- Click here and access our complete health analysis report to understand the dynamics of SAP.
Gain insights into SAP's historical performance by reviewing our past performance report.
Ströer SE KGaA (XTRA:SAX)
Simply Wall St Growth Rating: ★★★★★☆
Overview: Ströer SE & Co. KGaA offers out-of-home media and online advertising solutions in Germany and internationally, with a market cap of €3.14 billion.
Operations: Ströer SE & Co. KGaA generates revenue primarily from three segments: Out-Of-Home Media (€922.53 million), Digital & Dialog Media (€862.76 million), and Daas & E-Commerce (€357.19 million). The company focuses on providing advertising solutions both in physical outdoor spaces and through digital platforms.
Ströer SE & Co. KGaA, amid a series of high-profile conference presentations, has shown promising financial and operational growth. With a revenue increase to €964.96 million and net income rising to €33.75 million in the first half of 2024, the company is demonstrating robust performance in the competitive media sector. This growth trajectory is bolstered by an R&D investment strategy that aligns with industry demands for innovative advertising solutions, evidenced by an anticipated annual profit surge of 29.9%. Additionally, Ströer's strategic engagements across various international forums underscore its commitment to expanding its market reach and enhancing shareholder value through focused corporate communications and financial strategies.
- Navigate through the intricacies of Ströer SE KGaA with our comprehensive health report here.
Gain insights into Ströer SE KGaA's past trends and performance with our Past report.
Summing It All Up
- Navigate through the entire inventory of 42 German High Growth Tech and AI Stocks here.
- Already own these companies? Link your portfolio to Simply Wall St and get alerts on any new warning signs to your stocks.
- Elevate your portfolio with Simply Wall St, the ultimate app for investors seeking global market coverage.
Want To Explore Some Alternatives?
- Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
- Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
- Find companies with promising cash flow potential yet trading below their fair value.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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About XTRA:SAX
Ströer SE KGaA
Provides out-of-home (OOH) media and online advertising solutions in Germany and internationally.
High growth potential average dividend payer.
