Brief: Axway Software H1 net profit group share falls to 2.6 million euros

74Software SA

30/08/2017 16:53

Aug 30 (Reuters) - AXWAY SOFTWARE SA  AXW.PA : 
    * H1 NET PROFIT GROUP SHARE EUR 2.6 MILLION VERSUS EUR 11.0 
MILLION YEAR AGO 
    * H1 PROFIT ON OPERATING ACTIVITIES EUR 6.0 MILLION VERSUS 
EUR 16.3 MILLION YEAR AGO 
    * ANALYSIS OF  COMMERCIAL PORTFOLIO (PIPELINE) LEADS TO 
CONCLUSION LICENSE DELAY RECORDED IN H1 CANNOT BE RECOVERED BY 
END OF YEAR 
    * CONFIDENT OF ITS ABILITY TO ACHIEVE SAME LEVEL OF LICENSES 
IN H2 AS IN 2016 
    * AIMS TO STABILIZE GLOBAL REVENUE (IN ORGANIC GROWTH) OVER 
WHOLE OF 2017 
    * COST-SAVING PLAN ON H2 SHOULD ENABLE CO TO ACHIVE ROA OF 
MORE THAN 13% OF THE ANNUAL INCOME 
 
Source text : http://bit.ly/2wTbH4m 
Further company coverage:  AXW.PA  
 
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