(Image: Software AG)!
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The 2016 starts well for software AG. Some of the expert estimates were exceeded.
Software AG has caught a surprisingly good start to the year. Sales rose in the first quarter compared with the same period last year by 6 percent to 206.2 million euros, as listed in the TecDAX company announced surprisingly on Tuesday night in Darmstadt. Adjusted for exchange rates would have adjusted be the plus 9 percent, it said.
estimates exceeded
Adjusted for special items, earnings before interest, taxes and goodwill amortization increased by 23 percent to EUR 59.1 million, the corresponding margin increased by 4 percentage points to 29 percent. Open market the share increased by the broker Lang & amp; Black by around 1.5 percent. The second largest German software manufacturer exceeded the proceeds and the result, the estimates of experts partly clear
particularly strong growth the ancestral database division (A & N)., Which grew by 15 percent. The ancestral business has high margins, but is not particularly promising as. For the year, the Board expects to Karl-Heinz Streibich here actually in constant currency with a minus. The strong growth founded the company with early contracts, but also with a commitment to the long support for the software.
Full interim report follows
The growth carrier stated division with integration software DBP increased by 4 percent – slightly less than expected by analysts. The outlook for the two major divisions and the operating margin confirmed the company. The complete interim report put the Darmstadt before April 26. ( dpa ) / <-! rspeak_stop -> (cfu)
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