A few accounting policy changes from DWS:
In practice, the profitability target for the strategy period was lowered by keeping it unchanged, because the relative EBITDA margin improves due to the change in accounting policy.
In addition, the company’s financial targets for the strategy period are specified in accordance with the new accounting practice as follows:
Growth (amended): The company aims for an annual revenue level of EUR 40 million at the end of 2026, including potential acquisitions. The share of strategically important recurring services is expected to increase from the 2025 level.
Profitability (unchanged): The company aims to achieve an adjusted EBITDA margin of over 15% by the end of 2026.