Annual Report 2021: A year of acceleration for digital engineering leader Nagarro
- Revenues grew
28.6% in constant currency YoY; Adjusted EBITDA is14.6% of revenue - Net addition of over 5,000 employees
- Inclusion in SDAX and TecDAX among milestones in 2021
MUNICH, April 29, 2022 /PRNewswire/ -- Nagarro, a global leader in digital engineering, today presented its audited financial numbers for 2021, its first full year as an independent company. In addition to the strong growth, the inclusion in the SDAX and the TecDAX of Deutsche Börse were particular highlights of the 2021 financial year. Demand was strong for Nagarro's services, while the supply of talent remained constrained. Revenues grew to
EBITDA increased by
The annual report also carried results for Q4 2021. Notably, Q4 2021 revenues grew YoY by
Sandeep Anand, Managing Director, said, "Nagarro continues to benefit from the surge in demand for digital engineering services. At the same time, this rapid growth demonstrates the inherent resilience and agility of Nagarro's organizational design and culture."
Download Nagarro's 2021 Annual Report at https://annualreport.nagarro.com
About Nagarro
Nagarro, a global digital engineering leader, helps clients become innovative, digital-first companies and thus win in their markets. The company is distinguished by its entrepreneurial, agile, and global character, its CARING mindset, and its approach of thinking breakthroughs. Nagarro employs over 15,000 people in 28 countries. For more information, visit www.nagarro.com.
FRA: NA9 (SDAX, ISIN DE000A3H2200, WKN A3H220)
For inquiries, please contact press@nagarro.com
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SOURCE Nagarro