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Article: A Stable Start to Fiscal Year 2009 for Software AG, U.S. Contributes Largest Deal.(Company overview)
- Article from:
- Information Technology Newsweekly
- Article date:
- May 12, 2009
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Software AG's (Frankfurt TecDAX: SOW) first-quarter performance for 2009 was stable despite the global economic recession. The company's consolidated revenue (unaudited IFRS) was €165.3 million (2008: €159.4 million), representing growth of 4 percent. Margin-enhancing product revenue totaled €122.5 million (2008: €114.8 million), a 7 percent increase. Operating results (EBIT) rose 6 percent to total €38.1 million (2008: €36.0 million). Net income also grew, reaching €25.6 million (2008: €22.5 million). This represents a 14 percent rise. Based on its performance to date, Software AG reconfirms its outlook for the 2009 fiscal year and ...
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Article: Steering Software AG
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... ... extremely successful year for Software AG - concerning revenue and profit ... presence felt in e-business, Software AG is staking its resources on XML ... enterprise). During the current fiscal year, Software AG plans to release an open system ...
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