PSI with Strong New Orders and Stable Earnings in First Quarter

  • - New orders improves by 13 % to 70 million Euros
  • - Volume of orders increases by 13 % to 157 million Euros
  • - Presentation of Industry 4.0 swarm production at Hannover Trade Fair
Key Figures 01 Jan - 31 March 2016 01 Jan - 31 March 2015 (adjusted) Change
Sales 42,589 43,188 -1.4%
EBIT 2,181 1,744 +25.1%
Group net result 1,396 1,367 +2.1%

Earnings per share (EURO)

0.09 0.09 +0%

Berlin, 28 April 2016 – The PSI Group achieved 1 % lower sales of 42.6 million Euros in the first quarter of 2016 in particular because of adjustments in the South Asian business (31 March 2015: 43.2 million Euros). The EBIT improved by 25 % to 2.2 million Euros (31 March 2015, adjusted: 1.7 million Euros), the group net result was, as in the previous year, 1.4 million Euros. The new orders improved by 13 % to 70 million Euros (31 March 2015: 62 million Euros), the order backlog on 31 March 2016 was, at 157 million Euros, 13 % above the figure for the previous year (31 March 2015: 139 million Euros).

Read more...

PSI Delivers New Control System to bayernets GmbH

Gas grid operator extends usage of PSIcontrol/Gas

Berlin, 27 April 2016 – PSI AG was contracted by the gas grid operator bayernets GmbH, after a public tendering, with the implementation of a new control system. For the control and monitoring of the gas grid, bayernets operates a highly available, central control system at its Munich site. The new system will replace the PSI GAMOS system that has been in operation for many years.

The hardware of the new system will be highly available and fail-safe. The software will be implemented with the standard components PSIcontrol/Gas, PSItransport, PSIprognose, PSIconnect as an interface module, PSIganesi for online gas grid simulation and PSIganproda for processing verifiable gas measurement data. These applications will completely cover the range of services required for bayernets’ new control system.

Read more...

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.

Read more...

PSI Receives Contract from Neuenhauser Maschinenbau and Wessling Oberflächenveredelung

Cooperating companies decide for PSIpenta/ERP and MES

Berlin, 9 March 2016 – PSI subsidiary PSI Automotive & Industry GmbH has been contracted by the Neuenhauser Machinenbau GmbH, Geeste-Dalum, as well as the Wessling Oberflächenveredelung GmbH (WOB) with the implementation of an integrated enterprise resource planning and manufacturing execution solution.

As important suppliers in the commercial vehicle sector, for the agricultural and construction machine industry as well as component assembly, the two cooperating companies decided for PSIpenta/ERP and MES. Initially, they will each receive separate installations of the same software. In a second phase, these will be integrated via PSIpenta/Multisite. The implementation of the new system aims at a greater transparency of the production processes and costs, a further automation of all the corporate processes as well as a greater integration of the cross-corporate processes and the associated synergies.

Read more...

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

Read More

 

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.

inCONTROL-Tech


You are here: Home