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Smart Commerce record year 2018.

Jena - Smart Commerce Annual Shareholders' Meeting confirms 2018 financial statements, record year, and lucrative 2019 employee stock ownership program


  • Profitable growth of 150% in 2018
  • Balance sheet total plus 74%
  • Free cash funds plus 82%

At the seventh Annual General Meeting of Smart Commerce SE held in Jena on May 9, 2019 at the Jentower in Jena, the Management Board reported on the business development and financial results for 2018 and gave an outlook for the current year 2019.

The CEO, Dr. Ludger Vogt, explained the business development in 2018, the sixth full fiscal year in the business development of Smart Commerce: "The company grew by 150% from 2017 to 2018, significantly more than planned. Revenues amounted to €4,118 thousand. Smart Commerce has been consistently profitable since its foundation in 2012; 2018 was the sixth profitable full fiscal year since its foundation. Free cash funds grew by 82% to €1,839 thousand at the end of 2018. Total assets grew by 74% to €2,962 thousand. "The expansion of the cooperation with fischer in the fields of eCommerce and Content Management, which began in 2016, was a key growth driver," says COO Frank Schneider.

The outlook for the current 2019 financial year from Ingo Körber, COO at the Leipzig location, was also very positive; profitable growth of 71% to € 7,028 thousand with a 2-digit EBIT margin is planned. As expected, the demand for C/4Hana experts is high among both existing and new customers. The high number of new hires of eCommerce experts in 2018 and also in the first months of 2019 was particularly pleasing. Smart Commerce is still looking for employees with online marketing, content management, and eCommerce experience (Intershop, Hybris, Spryker, Sitecore) as well as online marketing and content management, as the number of projects with strategic customers is growing significantly in 2019.

Further resolutions of the Annual General Meeting were: The actions of the Management Board and Supervisory Board were approved unanimously. Matthias Kallfass, Technical Director at Smart Commerce SE and employee representative in the Supervisory Board, has been elected as a member of the Supervisory Board for the period until the end of the Annual General Meeting 2020. In this AGM, Supervisory Board members Matthias Schneider and Volker Amann were re-elected and Roland Fassauer newly elected. Finally, the Annual General Meeting resolved a new, attractive participation offer 2019 for employees (employee shares) and authorised the Management Board to acquire and use own shares for the participation.

About Smart Commerce SE:.

Smart Commerce provides a complete range of services for planning, construction and operation of high-end eCommerce platforms. The company is devoted to the long-term online success of its business partners. With experienced eCommerce experts and specialized technical know-how on all commonly used platforms, Smart Commerce excels in all things involving eCommerce – from online shops to web analysis. The Smart Way is our corporate culture: All employees are stakeholders, creators and act as the company’s controlling body. They hold shares in SE and actively help to shape the company’s direction, from job-specific decisions to entrepreneurial values, objectives and management principles. The European Company (SE) is both the company's brand and its legal identity.

Deutschsprachiger Internetauftritt: www.smartcommerce.de

Press contact.

Smart Commerce SE
Frank Schneider
COO
Leutragraben 1 (Tower)
07743 Jena
www.smartcommerce.de
pr@smartcommerce.de

PR-Agentur Tower PR
Heiner Schaumann
Managing Director
Leutragraben 1 (Tower)
07743 Jena
www.tower-pr.com
smartcommerce@tower-pr.com

Contact

Challenge us.

Smart Commerce SE
E-Mail: info@smartcommerce.biz

Location Jena:
Leutragraben 1
07743 Jena
Germany

Telefon: +49 3641 3 16 10 20

Location Stuttgart:
c/o RTV GmbH
Otto-Lilienthal-Straße 24
71034 Böblingen
Germany

Telefon: +49 711 18 42 01 00

Location Leipzig:
Nonnenstraße 17
04229 Leipzig 
Germany

Telefon: +49 341 99 15 36 00