USU Group Confirms Annual and Medium-Term Planning with Business Figures for the First Quarter of 2019
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Revenue rises by 4.6% to EUR
Workforce expansion and ongoing trend to SaaS solutions impact result
Record orders on hand as of March 31, 2019
Planning anticipates further growth and significantly improved earnings
According to the figures for the first quarter of 2019 published today, the largest European solution provider for digital customer services increased its consolidated revenue (IFRS) by 4.6% to EURsed its license business in Q1 2019 by 7.1% on the same quarter of the previous year to EUR 3.0 million (Q1 2018: EUR 2.8 million).
However, investments in the further workforce expansion and the transformation from the one-time license business to increasing cloud income had a negative impact on earnings for the first quarter of 2019. The earnings before interest, taxes, depreciation and amortization (EBITDA) fell 6.3% from the comparative figure for the previous year to EUR 1.0 million (Q1 2018: EUR 1.1 million). At the same time, USU generated earnings before interest and taxes (EBIT) of EUR -0.2 million (Q1 2018: EUR 0.4 million).
Earnings before interest and taxes adjusted for extraordinary effects due to acquisitions (adjusted EBIT) decreased year-on-year to EUR
For 2019 as a whole, the Management Board is again forecasting stronger growth in revenue and, in particular, operating earnings in continuation of the long-term growth trend. One key indicator supporting this is Group-wide orders on hand, which set a new record on March 31, 2019, increasing by 12.2% year-on-year to EUR 51.8 million (Q1 2018: EUR 46.1 million). In this respect, the planning for 2019 is confirmed, with consolidated revenue set to increase to between EUR 98 million and EUR 101 million and adjusted EBIT to grow to between EUR 7.5 million and EUR 10 million. At the same time, the Management Board is reiterating its medium-term planning for 2021 of consolidated revenue of EURovations and growth through acquisitions.
The USU Group is the largest European provider of IT and knowledge management software. Market leaders from all sectors of the international economy use USU applications to create transparency, enhance agility, save costs and reduce their risks. In addition to USU AG, founded in 1977, USU Software AG - which is listed in the Prime Standard of Deutsche B
In the area of IT management, USU supports companies with comprehensive ITILd actively manage services. USU is one of the world''s leading manufacturers in the area of software license management.
USU is driving the digitization of business processes with its intelligent solutions and expertise in the area of digital interaction. Standard software and consulting services are used to automate service workflows and actively provide knowledge for all communications channels and points of customer contact in sales, marketing and customer service. The portfolio in this area is rounded off by system integration, individual applications and software solutions for industrial big data.
Further information: https://www.usu.de/en/
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The USU Group is the largest European provider of IT and knowledge management software. Market leaders from all sectors of the international economy use USU applications to create transparency, enhance agility, save costs and reduce their risks. In addition to USU AG, founded in 1977, USU Software AG - which is listed in the Prime Standard of Deutsche Börse (ISIN DE000A0BVU28) - also includes the subsidiaries Aspera GmbH, Aspera Technologies Inc., LeuTek GmbH, OMEGA Software GmbH and USU SAS.In the area of IT management, USU supports companies with comprehensive ITIL®-compliant solutions for strategic and operational IT and enterprise service management. USU solutions give customers an overall view of their IT processes and IT infrastructure and enable them to transparently plan, allocate, monitor and actively manage services. USU is one of the world''s leadingmanufacturers in the area of software license management.USU is driving the digitization of business processes with its intelligent solutions and expertise in the area of digital interaction. Standard software and consulting services are used to automate service workflows and actively provide knowledge for all communications channels and points of customer contact in sales, marketing and customer service. The portfolio in this area is rounded off by system integration, individual applications and software solutions for industrial big data.Further information: https://www.usu.de/en/
Datum: 23.05.2019 - 03:45 Uhr
Sprache: Deutsch
News-ID 1549301
Anzahl Zeichen: 6395
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