Ad-hoc | 12 April 2016 22:24
Software AG / Key word(s): Quarter Results/Preliminary Results
12.04.2016 22:24
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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
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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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