Software AG

  • WKN: A2GS40
  • ISIN: DE000A2GS401
  • Land: Germany

Nachricht vom 12.04.2016 | 22:24

Software AG: Preliminary Financial Results for Q1 2016


Software AG  / Key word(s): Quarter Results/Preliminary Results

12.04.2016 22:24

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


AD-HOC-RELEASE ACCORDING TO § 15 WPHG Software AG: Preliminary Financial Results for Q1 2016 Darmstadt, Germany, April 12, 2016 - Software AG (Frankfurt TecDAX: SOW) pre-announces its preliminary financial figures (IFRS, preliminary) for the first quarter 2016: - The Company's profit before interest and taxes EBIT improved by 55 percent to EUR 45.3 (Q1 2015: EUR 29.3) million. - The Group's operating earnings (EBITA, non-IFRS) increased by 23 percent to EUR 59.1 (Q1 2015: EUR 48.1) million; accordingly the operating earnings margin (EBITA, non-IFRS) reached 29 (Q1 2015: 25) percent. - Software AG's total revenue improved by 9 percent at constant currency to EUR 206.2 million. - The Company's license sales increased by 31 percent at constant currency to EUR 59.1 million. - The Group's product revenue (license & maintenance) increased by 11 percent at constant currency to EUR158.0 million. - The revenue in the database business line Adabas & Natural (A&N) improved by +20 percent at constant currency to EUR 63.6 million. - Total sales of the Digital Business Platform (DBP) improved by +6 percent at constant currency to EUR 94.6 million. - Additionally, the order entry in the cloud business increased by more than 150 percent. Including this development, the digital new business (DBP licenses + Cloud order entry) recorded double-digit growth. - The revenue in the Consulting business line increased by 2 percent at constant currency to EUR 48.0 million - Based on the positive business development in the first quarter, the executive management board of Software AG confirmed the outlook for the full year 2016.

in EUR millions                 Q1/2016   Q1/2015   ∆ in %    ∆ in %
                                                    as stated net of
                                                              currency
Total revenue                   206.2     194.1     +6        +9
Product revenue                 158.0     146.2     +8        +11
Maintenance revenue             98.9      99.7      -1        +2
License revenue                 59.1      46.5      +27       +31
Digital Business Platform       94.6      91.0      +4        +6
as % of total revenue           46%       47%
DBP maintenance                 61.9      59.9      +3        +5
DBP licenses                    32.7      31.1      +5        +7
Adabas & Natural                63.6      55.4      +15       +20
as % of total revenue           31%       29%
A&N maintenance                 37.0      39.8      -7        -4
A&N licenses                    26.4      15.5      +70       +79
Consulting                      48.0      47.7      +1        +2
as % of total revenue           23%       25%
EBIT*                           45.3      29.3      +55
as % of total revenue           22%       15%
Operating Earnings (EBITA,      59.1      48.1      +23
non-IFRS) **
as % of total revenue           29%       25%


* = consolidated net income + income tax + other tax + financial result ** = EBITA adjusted for reduction of acquisition-related product revenue by purchase price allocation, other acquisition effects, share-based payment, restructuring/severance payments and operating income of divested units Please note: On April 13th, 2016 at 09:00 am CET, Software AG will hold a conference call for investors, analysts and journalists. Dial-in details can be found on the Corporate Website in the Investor Relations section. 12.04.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English Company: Software AG Uhlandstraße 12 64297 Darmstadt Germany Phone: +49 (0)6151 92-1900 Fax: +49 (0)6151 92-34 1899 E-mail: Investor.Relations@softwareag.com Internet: www.softwareag.com ISIN: DE0003304002 WKN: 330400 Indices: TecDAX Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart; Terminbörse EUREX End of Announcement DGAP News-Service

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