Nagarro SE: management transactions · Germany · BaFin

About Nagarro SE

Nagarro SE is a German-listed technology services group traded on Xetra/Frankfurt (DAX/MDAX/SDAX) under the ticker NA9.DE, with Germany as its home market and a global delivery footprint. Founded in 1996 and spun off as an independent public company in December 2020 from Allgeier SE, Nagarro has built a reputation as a digital engineering specialist operating at the intersection of software development, technology consulting, and business transformation. The company serves a highly diversified client base and is not dependent on a small number of major customers, which is a positive point from a risk-management perspective. Nagarro’s business model is anchored in a broad portfolio of digital services: digital product engineering, digital commerce, customer experience, ERP consulting, managed services, process automation, cloud, data & analytics, cybersecurity, application integration, legacy modernization, and increasingly AI-related solutions. The company promotes a “Fluidic Intelligence” approach, intended to combine engineering depth, human judgment, and AI tools to improve productivity and help organizations move faster. In practical terms, Nagarro works on both transformation programs and recurring managed-service engagements, with a meaningful share of revenue still coming from time-and-materials contracts. Over time, Nagarro has evolved from an entrepreneurial technology company into a global platform through organic growth, acquisitions, and partnerships. It now operates across many countries, with a significant presence in Europe, North America, and Asia. Its competitive positioning is based on a blend of engineering capability, agile delivery, sector knowledge, and proximity to enterprise clients. The company is active across industries including retail, telecoms, financial services, industrials, media, and enterprise software. Recent developments underline Nagarro’s focus on AI, automation, and sovereign cloud solutions. In 2025, the company announced strategic partnerships with Camunda for process automation and with STACKIT for sovereign cloud offerings aimed at regulated industries. It also continued to expand selectively through acquisitions, including Inaho Digital Solutions in Japan and Charles Hudson Technology Solutions in the United States, broadening both geography and specialized capabilities. On the financial side, the 2025 audited results released in April 2026 showed revenue of €999.3 million and improved cash generation, while adjusted EBITDA margin came under some pressure. For investors, Nagarro stands out as a mid-cap digital engineering name with global exposure and long-duration structural demand drivers linked to digital transformation and AI adoption.