Nagarro SE Reports Strong Financial Performance for FY 2024

MUNICH, April 29, 2025 — Nagarro SE, a global leader in digital engineering, has announced its preliminary unaudited financial results for the fiscal year ended December 31, 2024. The company reported a significant increase in revenue, reaching €972 million, marking a 6.6% rise compared to the previous year. This growth was achieved despite a subdued demand environment, showcasing Nagarro’s resilience and strategic positioning in the Information Technology sector.

The company’s gross margin stood at 30.4%, while the adjusted EBITDA margin improved to 15.1%. These figures reflect Nagarro’s effective cost management and operational efficiency. The Munich-based company, which offers a comprehensive suite of services including enterprise and application lifecycle solutions, infrastructure management, digital commerce, Internet of Things (IoT), product engineering, and consulting services, continues to strengthen its market presence worldwide.

Nagarro SE, listed on the Xetra exchange, has maintained a robust market capitalization of €70.49 billion. The company’s stock closed at €59.2 on April 27, 2025, with a 52-week high of €102.8 recorded on November 25, 2024, and a low of €56.2 on April 27, 2025. The price-to-earnings ratio stands at 16.35, indicating investor confidence in the company’s growth prospects.

The financial performance for FY 2024 underscores Nagarro’s ability to navigate economic challenges and capitalize on growth opportunities. The company’s leadership attributes this success to its strategic focus on innovation and customer-centric solutions, which have enabled it to maintain a competitive edge in the dynamic IT landscape.

In summary, Nagarro SE’s preliminary financial results for 2024 highlight a year of solid growth and operational excellence, positioning the company well for future opportunities in the global digital engineering market.