![]() We expect thereby the efficiency of operational processes to increase. The preparations for the outsourcing and cost-cutting measures led to a significant reduction in the Group’s own workforce. In the financial year 2022, the planned reduction in certain types of costs was successfully pursued. Extensive adaptations of the software to regulatory requirements for the German market were specified and implemented. In the second half of 2022, the operational focus was made on the development and provision of comprehensive specifications as well as on implementation support and testing of the new platform. The company has changed its historical approach of extensive in-house development and initiated a shift towards an increased outsourcing, which will be deployed in the course of the financial year 2023. Major developments in the financial year 2022ĭuring the financial year 2022, the AG Group undertook numerous measures to reorganise and streamline its operations, following the challenges faced in the previous year. The AG Group announces its full-year 2022 IFRS financial results. AG: group company figures for 2022 ( until )ĭüsseldorf, March 6, 2023.
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