Software AG''s Product and License Revenue Increase in Second Quarter
(PresseBox) - br />
Total product revenue +7 percent, total license revenue +17 percent
Digital Business Platform (excl. Cloud&
license revenue +11
Adabas & Natural: product revenue +7
Cloud&
Annual recurring revenue (ARR) in Cloud&
Operating profit margin (non-IFRS) 29.9
2018 outlook confirmed
Software&&&&N) database business also continued the positive trajectory of the last four quarters. Thanks to above-average license growth of 38017: 29.5 percent).
Karl-Heinz Streibich, Software
CFO Arnd Zinnhardt added, ?All product segments posted growth in the second quarter with a dynamic trend in the Cloud&
Business Line Performance
In the second quarter, the Digital Business Platform (DBP) business line reported total revenue of ?107.1 (2017:&&&
The Adabas & Natural (A&N) business line followed suit in starting off 2018 on a strong note. License revenue went up 38 percent at constant currency to ?17.6&N product revenue grew 7 percent at constant currency to total ?52.4&N customer base. Furthermore, Software AG?s Adabas&
Second-quarter revenue in the Consulting business line was ?46.0 million (2017: ?50.7 million).
Total Revenue and Earnings Performance
Despite currency translation effects totaling minus ?9.5cts 7 percent growth at constant currency.
The company?s EBIT was ?52.2
2018 Outlook
Software AG has confirmed its outlook from April 13, 2018 for fiscal 2018. Based on the&&&
Software AG (Frankfurt TecDAX: SOW) helps companies with their digital transformation. With Software AG''s Digital Business Platform, companies can better interact with their customers and bring them on new ''digital'' journeys, promote unique value propositions, and create new business opportunities. In the Internet of Things (IoT) market, Software AG enables enterprises to integrate, connect and manage IoT components as well as analyze data and predict future events based on Artificial Intelligence (AI). The Digital Business Platform is built on decades of uncompromising software development, IT experience and technological leadership. Software AG has more than 4,500 employees, is active in 70 countries and had revenues of ?879 million in 2017. To learn more, visit www.softwareag.com.
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Software AG (Frankfurt TecDAX: SOW) helps companies with their digital transformation. With Software AG''s Digital Business Platform, companies can better interact with their customers and bring them on new ''digital'' journeys, promote unique value propositions, and create new business opportunities. In the Internet of Things (IoT) market, Software AG enables enterprises to integrate, connect and manage IoT components as well as analyze data and predict future events based on Artificial Intelligence (AI). The Digital Business Platform is built on decades of uncompromising software development, IT experience and technological leadership. Software AG has more than 4,500 employees, is active in 70 countries and had revenues of?879 million in 2017. To learn more, visit www.softwareag.com.
Datum: 18.07.2018 - 01:25 Uhr
Sprache: Deutsch
News-ID 1538652
Anzahl Zeichen: 7584
contact information:
Contact person:
Town:
Darmstadt
Phone:
Kategorie:
Internet
Typ of Press Release:
type of sending:
Date of sending:
Anmerkungen:
Diese Pressemitteilung wurde bisher 367 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Software AG''s Product and License Revenue Increase in Second Quarter
"
steht unter der journalistisch-redaktionellen Verantwortung von
Software AG - EN (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
