PSI Logistics delivers additional airport software solution at Hamburg Airport

PSIairport optimises baggage monitoring

Berlin, 13 September 2017 – With the expansion and networking of their information systems for baggage monitoring, the Flughafen Hamburg GmbH is going to use the new PSIairport Baggage Handling System Version 3.0 from PSI Logistics GmbH.

The solution includes the entire baggage tracking at Terminal 1 and 2 from check-in to the baggage handling system by means of PSIairport/CCTV and the IT infrastructure required, for instance a redundant network and cameras as well as servers and storage.

Combined with the systems and modules PSIairport/Management system, PSIairport/FIDS flight information system, PSIairport/Gateway and PSIairport/Monitoring already implemented, the Hamburg Airport has an integrated IT infrastructure in baggage handling that guarantees efficient, transparent, coordinated processes and optimally linked information flows.

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PSI Software with Continued Increase in Profits in First Six Months

- New orders increase by 11 % to 111 million euros

- EBIT increased by 25 % to 5.7 million euros

- Continued growth in Europe, reduced risk in Asia

 

Performance Indicators

(TEUR

1 Jan - 30 June 2017 1 Jan - 30 June 2016 Change
Sales 87,568 85,102 +2.9%
EBIT 5,684 4,534 +25.4%
Group net result 3,043 2,414 +26.1%
Earnings per share (EUR) 0.19 0.16 +18.8%

 

Berlin, 27 July 2017 – PSI Group increased new orders by 11 % to 111 million euros in the first six months of 2017 (30 June 2016: 100 million euros), the order backlog was, with 148 million euros on 30 June 2017, 3 % above the value of the previous year (30 June 2016: 144 million euros). Group sales increased primarily as a consequence of the industry business by 3 % to 87.6 million euros (30 June 2016: 85.1 million euros). The EBIT was increased by 25 % to 5.7 million euros (30 June 2016: 4.5 million euros), the group net result improved by 26 % to 3 million euros (30 June 2016: 2.4 million euros).

Energy Management (energy networks, energy trading) achieved, despite the regulatory “shadow year”, slightly increased sales of 32.2 million euros (30 June 2016: 32 million euros) in the first six months. The EBIT for the segment improved to 3.1 million euros compared to the previous year (30 June 2016: 2.6 million euros). The Electrical Grid Business received an important milestone acceptance in a major distribution grid project, obtained an entry into the US market with two small initial contracts and expanded its position in the domestic market with additional upgrade contracts. The Gas and Oil Business increased its volume of new orders, primarily on the basis of upgrade orders from its existing German customers and received the acceptance for the software provided by PSI for the central Gazprom control system in Russia.

In Production Management (raw materials, industry, logistics) sales grew by 8 % to 44.8 million euros in the first six months (30 June 2016: 41.5 million euros). The EBIT was increased by 27 % to 3.5 million euros (30 June 2016: 2.8 million euros), which includes a risk prevention for a project at an Indian steel producer that has liquidity problems. The segment profited from the end of the investment backlog in the steel industry after the week metal prices in 2015/2016 and the beginning of a new growth phase in mechanical engineering and logistics. Now that all of the products in the business have been converted to the group java interface, the software products can be integrated better into cross-corporate process chains. This includes, in particular, the automatic supply of machines with supplies, materials and spare parts on the basis of machine data transmitted via Internet-of-Things chips. The Metals Business will obtain an important new order from a Chinese customer in the third quarter.

In Infrastructure Management (transportation and security) sales decreased by 8 % to 10.6 million euros (30 June 2016: 11.5 million euros), the EBIT improved to –0.2 million euros (30 June 2016: –0.3 million euros). The segment is suffering under the weak economic situation of the general contractors in oil and gas-dependent countries of Southeast Asia and the Arab Gulf. PSI has significantly reduced the working capital tied to the region in the last 24 months, even avoiding business opportunities and instead invested in the training of software specialists at the Malaysian site who are intended to assume development and overnight testing tasks. Many oil and gas-dependent economies are now privatising vertically integrated energy utilities to reduce prices, subsidies and costs. PSI has the right software and many references for all stages of this unbundling process.

The number of employees in the Group on 30 June 2017 was, with 1,626, below the number for the previous year (30 June 2016: 1,650). The growth initiative with 50 new hires in Europe counteracts negative effects from increased retirements and last year’s adjustments in capacity in the Southeast Asian hardware business. The cash flow from operating activities was characterised by changes in working capital and decreased –5.7 million euros (30 June 2016: 0.2 million euros). With 34.6 million euros liquidity was at about the same level as the previous year (30 June 2016: 34.8 million euros), despite the higher dividend payment.

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e.GO Mobile relies on ERP Software from PSI

Industry 4.0 on the basis of PSIpenta for the production of innovative electric cars

Berlin, 17 July 2017 - PSI Automotive & Industry GmbH has been selected by the e.GO Mobile AG as the ERP partner in the production network for the manufacture of their newly developed electrical city car e.GO Life. In the framework of the existing membership at the RWTH Aachen Campus, PSI Automotive & Industry has already accompanied the e.GO Mobile AG in the production of the first prototypes and will continue this in the ramping up of the serial production. Along with the years of industry and process competence, e.GO Mobile was primarily convinced by the possibility of a quick implementation in agile steps that correspond to their own approach in product and organisational development.

It is especially important for a young company like e.GO Mobile to have an experienced ERP partner that not only brings along an optimal process-oriented software, but that is also scalable for the challenges in the coming years. This includes, for instance, the internationalisation of the production with the aid of franchise partners who will be completely integrated in the system.

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PSIglobal plans and optimises Bosch’s Supply Chains worldwide

Software system for strategic planning and optimisation of logistic networks

Berlin, 10 July 2017 – Robert Bosch GmbH’s Central Logistics, headquartered in Stuttgart-Zuffenhausen, licensed the PSIglobal software system from the PSI subsidiary PSI Logistics GmbH in April 2017 following a six-month test phase

The Bosch Group consists of the Robert Bosch GmbH as well as about 440 subsidiaries and regional companies in 60 countries. In designing optimised logistic structures for the supply of production plants as well as for distribution, amongst other things for automobile parts to leading automobile manufacturers, Bosch depends on PSIglobal. The strategic planning and optimisation software combines targeted operative data for management analysis. With the integrated scenario technology, processes and transport chains of multi-phase and multi-modal supply chains can be designed and the primary parameters and sensitivities identified.

With the implementation of the PSI standard software, Bosch employees can visualise and optimise supply streams as well as production and storage sites around the world. This also includes support in the allocation of new products to existing production sites, taking production and transport costs into consideration.

As early as the test phase, the staff at Bosch was intensively trained by PSI, so as to be able to optimally use the multitude of system functions. For the purpose of additionally supporting the complex planning tasks, PSI also performed an after-sales service including web sessions.

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Mr. Harvinder Singh,
Ernst & Young
Technology Entrepreneur
Of The Year

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PSI INCONTROL
(formerly known as INCONTROL TECH or iTEC)

An engineering company who understands that engineering solutions are much more than just using good tools. Solutions for Automation, Control and Protection are like constructing a building. Just taking the best bricks, steel and concrete will not give you the best looking building. You need an architect who understands how to bring them together into a reliable, world class solution.

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