The Executive Board therefore expects demand for PSI’s intelligent software products to continue to rise in 2022. PSI Software makes a significant contribution to the integration of renewable energy into electricity grids, decarbonization of the heating and transport sectors, and the switch to more climate-friendly, efficient and flexible production and logistics processes. After 2 million euros of pilot project sales in 2021, over 5 million euros of regular sales are to be sold and delivered automatically via the PSI app store in 2022. After launch and adaptation to screens, the software is adapted to the customer’s operation at runtime using workflow technology, PSI Click Design and interface configurators by the customer’s specialist departments, by integration partners and PSI consultants, and later updated via upgrades. In the reporting year, PSI once again increased expenditure on research and development to 32.3 million euros and, among other things, launched a multi-cloud app store for industrial applications, from which PSI platform-based standard products are delivered on premise or to the PSI cloud, but also to private clouds of our Group customers. In agreement with the Supervisory Board, the Executive Board will propose to the Annual General Meeting a dividend of 0.40 euros (previous year: 0.30 euros). Cash and cash equivalents at year-end increased to 67.5 million euros despite the higher dividend payment (Dec. Cash flow from operating activities increased significantly to 38.8 million euros (Dec. The Group’s headcount on Decemincreased by 167 year-on-year to 2,223 thanks to new hires in Germany, Poland and the US (Dec. In Logistics and the Polish market, the new multi-cloud app store was tested. The Automotive & Industry segment also contributed double-digit profit margins. The Metals Production division is converting its planning modules to PSI standard components and significantly increased all key performance indicators. 31, 2020: 97.8 million euros), while EBIT improved to 16.7 million euros thanks to improved results by all major divisions (Dec. Sales in the Production Management segment (metal production, industry, logistics) were increased by 11.5% to 109.0 million euros (Dec. The Public Transport segment celebrated further successes with the market-leading software for electric bus depots. A nationwide energy network in Poland is supplied with the new control system based on the PSI platform. The Gas Networks and Pipelines division has successfully converted German customers to Upgrade-as-a-Service. As expected, the Swiss PSI Neplan contributed 4.1 million euros in sales with an 11% EBIT margin after amortization. The Electrical Grids division received numerous orders for “Redispatch 2.0,” an EU regulation with the aim of having the distribution grids participate in balancing the wind and solar parks. 31, 2020: 120.0 million euros), while EBIT improved to 8.3 million euros (Dec. The Energy Management segment (energy networks, energy trading, public transport) recorded a 16.2% increase in sales to 139.4 million euros (Dec. 31, 2020: 229 million euros), while the order book volume at year-end increased by 7.4% to 160 million euros (Dec. New orders accounted for a record value of 266 million euros 16.2% above the previous year (Dec. 31, 2020: 10.3 million euros) and earnings per share increased accordingly to 1.01 euros (Dec. Group net income rose by 54% to 15.8 million euros (Dec. 31, 2020: 14.9 million euros), while guidance accounted for 20 million euros in 2021. EBIT improved by almost 60% to 23.8 million euros (Dec. Berlin, Ma– PSI Group increased sales by 14% in fiscal 2021 to a new record value of 248.4 million euros (Dec.
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