MHP once again among the top 5 IT service providers

• MHP again takes fourth place in the Automobilwoche ranking
• Top 25 IT service providers in Germany’s automotive industry in 2022
• MHP continues to grow successfully – despite continuing economic uncertainty

Ludwigsburg – The management and IT consultancy MHP is once again among the top five in the Automobilwoche ranking of the 25 largest IT service providers/consultants. Just like last year, MHP was able to maintain its ranking and once again took fourth place. A decisive factor in this assessment is the turnover with automotive companies in Germany. MHP generated around 557 million euros here in the 2022 financial year – an increase of 13.2 percent over the previous year.

Dr. Ralf Hofmann, co-founder, shareholder and CEO of MHP: "What we aim to do is provide our customers with the best IT solutions and accompany them into their digital future. This result yet again confirms the sustainable value we create with our expertise.”

All in all, the MHP Group and its international subsidiaries recorded consolidated sales of 703 million euros in the past financial year (International Financial Reporting Standards, IFRS). This corresponds to an increase of 17.1 percent over the previous year. A large portion of this turnover was again generated by business with customers from the mobility and manufacturing sectors.