Brief: Axway Software H1 Revenue Eur 134.9 Million

74Software SA

25/07/2018 17:21

July 25 (Reuters) - Axway Software SA  AXW.PA :
    * STABLE H1 GROUP REVENUE AT CONSTANT EXCHANGE RATES, DOWN
2.0%
ORGANICALLY
    * H1 REVENUE EUR 134.9 MILLION VERSUS EUR 142.8 MILLION YEAR
AGO
    * H1 NET PROFIT GROUP SHARE EUR 3.9 MILLION VERSUS EUR 2.6
MILLION
YEAR AGO
    * H1 PROFIT ON OPERATING ACTIVITIES EUR 12.3 MILLION VERSUS
EUR
6.0 MILLION YEAR AGO
    * SAYS CONFIRMS AN ADDITIONAL INVESTMENT OF APPROXIMATELY
EUR 15
MILLION PER YEAR DEDICATED TO CONSTRUCTION AND SALE OF AMPLIFY™
PLATFORM
    * SAYS INVESTMENTS WERE LAUNCHED LATE IN FIRST HALF AND WILL
BE
MAINLY CONCENTRATED IN SECOND HALF IN 2018 FOR AN ESTIMATED COST
OF 3 TO EUR 5 MILLION OVER YEAR.
    * ANTICIPATES ORGANIC REVENUE GROWTH OF BETWEEN -3% AND 0%
OVER
FULL YEAR
    * CONFIRMS AN ADDITIONAL INVESTMENT OF APPROXIMATELY EUR 15
MILLION PER YEAR DEDICATED TO CONSTRUCTION AND SALE OF AMPLIFY™
PLATFORM
    * REAFFIRMS ITS AMBITIONS FOR END OF 2020

Source text for Eikon:  ID:nBwcyLBka 
Further company coverage:  AXW.PA 

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