OverviewSuggest Edit

CONET Technologies is a provider of IT consulting and IT services. It specializes in SAP consulting, cybersecurity, cloud computing and managed services, data intelligence, digital communication and e-commerce, critical communication, agile software development, and management consulting.

TypePrivate
Founded1987
HQHennef (Sieg), DE
Websiteconet.de
Employee Ratings3.8

Latest Updates

Employees (est.) (Nov 2021)367
Revenue (FY, 2020)€148.3 M(+16%)
Cybersecurity ratingBMore
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Key People/Management at CONET

Anke Höfer

Anke Höfer

CEO
Josef Ranner

Josef Ranner

CFO
Claus Frömbgen

Claus Frömbgen

Managing Director CONET Services
Dirk Lieder

Dirk Lieder

Managing Director CONET Solutions
Bernd Schmieder

Bernd Schmieder

Managing Director CONET Business Consultants
Torsten Schulze

Torsten Schulze

Managing Director CONET Services
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CONET Office Locations

CONET has offices in Hennef (Sieg), Augsburg, Berlin, Frankenthal and in 6 other locations
Hennef (Sieg), DE (HQ)
Humperdinckstraße 1
Augsburg, DE
Ulmer Str. 160
Berlin, DE
Bernburger Str. 30
Frankenthal, DE
Beindersheimer Str. 55
Frankenthal, DE
Beindersheimer Str. 55
Frankfurt am Main, DE
Börsenpl. 5
Show all (14)

CONET Financials and Metrics

Summary Metrics

Founding Date

1987
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CONET Revenue

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CONET's revenue was reported to be €148.29 m in FY, 2020 which is a 15.3% increase from the previous period.
EUR

Revenue (FY, 2020)

148.3m

Revenue growth (FY, 2019 - FY, 2020), %

15.3%

Gross profit (FY, 2020)

94.5m

Gross profit margin (FY, 2020), %

63.7%

Net income (FY, 2020)

(2.6m)

EBIT (FY, 2020)

7.4m

Cash (31-Mar-2020)

25.1m
EURFY, 2018FY, 2019FY, 2020

Revenue

62.2m128.7m148.3m

Revenue growth, %

107%15%

Cost of goods sold

23.9m49.0m53.8m

Gross profit

38.3m79.6m94.5m
EURFY, 2018FY, 2019FY, 2020

Cash

15.4m6.3m25.1m

Accounts Receivable

30.7m27.6m32.4m

Prepaid Expenses

798.3k1.1m1.8m

Inventories

2.3m1.9m1.0m
EURFY, 2018FY, 2019FY, 2020

Net Income

(918.2k)682.7k(2.6m)

Depreciation and Amortization

1.3m8.9m10.7m

Inventories

(251.3k)433.1k888.5k

Accounts Payable

(2.5m)(1.7m)3.1m
EURFY, 2018

Revenue/Employee

794.2k

Debt/Equity

3.6 x

Debt/Assets

0.6 x

Financial Leverage

6.3 x
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CONET Operating Metrics

Jan, 2021

Partners

42
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CONET Acquisitions / Subsidiaries

Company NameDateDeal Size
Procon ITDecember 18, 2019
Babiel GmbHOctober 12, 2018
ACT IT Holding GmbHJuly 26, 2017
QuestaxFebruary 24, 2012
weisser + böhleSeptember 01, 2010
Accelsis TechnologiesAugust 29, 2008
ACT Development & Integration GmbH
ACT IT Consulting & Services AG
CONET Business Consultants GmbH
CONET Communications GmbH
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CONET Cybersecurity Score

Cybersecurity ratingPremium dataset

B

88/100

SecurityScorecard logo

CONET Online and Social Media Presence

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CONET News and Updates

IK Partners agreed to invest in IT consultancy CONET

IK will acquire a majority stake from H.I.G. Capital alongside CONET's management team.

CONET Confirms Top 10 Ranking in Lünendonk List of the Largest Medium-Sized IT Consultants in Germany

This year again, Lünendonk & Hossenfelder GmbH has identified the leading medium-sized IT consulting and system integration companies in Germany. With annual sales of 128.7 million euros, CONET confirms the company's 9th place in the ranking.

CONET Blogs

SAP-Consultant Accounting FI/CO (m/w/d)

Standorte: Hennef, Ludwigsburg, München oder Berlin

IT-Consultant (m/w/d) Architektur- und Servicemanagement

Standorte: Hennef oder Koblenz

Senior SAP-Technologie Consultant (m/w/d)

Standort: München oder Hennef

Service Manager (m/w/d)

Standorte: Köln oder Berlin
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CONET Frequently Asked Questions

  • When was CONET founded?

    CONET was founded in 1987.

  • Who are CONET key executives?

    CONET's key executives are Anke Höfer, Josef Ranner and Claus Frömbgen.

  • How many employees does CONET have?

    CONET has 367 employees.

  • What is CONET revenue?

    Latest CONET annual revenue is €148.3 m.

  • What is CONET revenue per employee?

    Latest CONET revenue per employee is €404.1 k.

  • Who are CONET competitors?

    Competitors of CONET include Md7, Trace3 and DATAGROUP.

  • Where is CONET headquarters?

    CONET headquarters is located at Humperdinckstraße 1, Hennef (Sieg).

  • Where are CONET offices?

    CONET has offices in Hennef (Sieg), Augsburg, Berlin, Frankenthal and in 6 other locations.

  • How many offices does CONET have?

    CONET has 14 offices.