- WKN: A2GS40
- ISIN: DE000A2GS401
- Land: Germany
Nachricht vom 13.07.2016 | 22:30
Software AG Raises 2016 Full Year Guidance
Software AG / Key word(s): Change in Forecast 13.07.2016 22:30 Disclosure of an inside information according to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
Darmstadt (Germany), 13 July 2016 - The Management Board of Software AG (SOW - TECDAX) decided today to raise the company's outlook for the full year 2016. Based on preliminary figures in the second quarter and the positive business development in the first half of 2016, as well as on the strong project pipeline for the second half of 2016, Software AG's board now expects the following business development: - The operating profit margin (EBITA, non-IFRS) for the full year 2016 is expected to reach +30.5 to +31.5 percent (prior guidance as of 27 January 2016: +30.0 to +31.0 percent). - For the database business Adabas & Natural (A&N), a significantly more stable development and a product revenue adjustment of between -2 and -6 percent at constant currency compared to the previous year (prior guidance as of 27 January 2016: -4 to -8 percent) is expected for the full year 2016. - The company's outlook for the full year 2016 for the Digital Business Platform (DBP) remains unchanged with an expected currency-adjusted product revenue increase of between +5 and +10 percent over the previous year. Software AG is publishing further information on its preliminary half year and second quarter 2016 financial results in a press release. The company will hold a conference call for investors, analysts and media on Thursday, 14 July 2016 at 09:30 CEST. Dial in details can be found on the Software AG corporate website under "Investor Relations". Also, final Q2 and H1 financial results will be published on Software AG's corporate website on July 20, 2016. 13.07.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at 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, Hanover, Munich, Stuttgart, Tradegate Exchange; Terminbörse EUREX; London, SIX End of Announcement DGAP News-Service
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