Brief: Axway Software Expects To Maintain Organic Revenue Growth Between 0% And 3% For 2023

74Software SA

22/02/2023 17:00

Feb 22 (Reuters) - Axway Software SA  AXW.PA :
    * AXWAY SOFTWARE : EXCELLENT 2022 FULL-YEAR RESULTS
SUPPORTED BY
RECORD HIGH Q4
    * RECORD REVENUE IN Q4 (EUR 110.1M) AND FY 2022 (EUR 314.0M)
    * Q4 SOLID ARR GROWTH UP 12.5% VERSUS. Q4 2021
    * FY PROFIT ON OPERATING ACTIVITIES AT EUR 46.3M OR 14.7% OF
REVENUE
    * DIVIDEND WITH A VALUE OF EUR 0.40 PER SHARE.
    * OUTLOOK 2023: MAINTAIN ORGANIC REVENUE GROWTH OF BETWEEN
0% AND
3%
    * OUTLOOK 2023: FURTHER IMPROVE PROFIT ON OPERATING
ACTIVITIES TO
REACH 15 TO 18% OF REVENUE
    * OUTLOOK MID-TERM: ACHIEVE REVENUE OF EUR 500M THROUGH
ORGANIC
GROWTH AND ACQUISITIONS
    * OUTLOOK MID-TERM: OPERATING MARGIN ON BUSINESS ACTIVITY
APPROACHING 20% OF REVENUE

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