Brief: Axway Software Sees 2021 Revenue Of EUR 285.5 Mln

74Software SA

19/01/2022 17:05

Jan 19 (Reuters) - AXWAY SOFTWARE SA  AXW.PA :
    * AXWAY SOFTWARE: ADJUSTMENT TO 2021 ANNUAL FORECAST
    * ANNUAL REVENUE EXPECTED AT EUR 285.5 MILLION
    * OPERATING MARGIN ON BUSINESS ACTIVITY OF AT LEAST 11.0% OF
REVENUE CONFIRMED
    * ANNUAL REVENUES WILL BE IN ORDER OF EUR 285.5 MILLION,
REPRESENTING AN ORGANIC DECLINE OF APPROXIMATELY 2.7%
    * PRELIMINARY ESTIMATES, WHICH HAVE NOT YET BEEN FINALIZED
OR
AUDITED, SUGGEST THAT ANNUAL REVENUES WILL BE IN ORDER OF EUR
285.5 MILLION, REPRESENTING AN ORGANIC DECLINE OF APPROXIMATELY
2.7%
    * AFTER GROWING BY 2.0% OVER FIRST NINE MONTHS OF YEAR,
AXWAY'S
ACTIVITY DECLINED BY 13.5% IN Q4 2021
    * LABOUR SHORTAGES COULD CONTINUE THROUGH FISCAL YEAR 2022

Source text for Eikon:  ID:nBw7L6TcWa 
Further company coverage:  AXW.PA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 587 696 600;))