Brief: Mensch und Maschine Software H1 sales up at 87.83 mln euros

Mensch und Maschine Software SE

25/07/2016 07:41

July 25 (Reuters) - Mensch Und Maschine Software SE 
 MUMG.DE : 
    * Half year sales climbed to 87.83 million euros ($96.31 
million)(PY: 81.42 mln euros / +7.9 pct), with M+M Software 
contributing 23.11 million euros(PY: 20.61 mln euros/ +12 pct) 
    * H1 operating profit EBITDA grew to a disproportionate 8.33 
million euros (PY: 6.42 mln euros/ +30 pct) 
    * There is a wider tolerance regarding target of doubling 
full year net profit after minority shares to nearly 8 million 
euros (PY: 3.87 mln euros) and EPS to approx. 48 cents (PY: 24) 
    * Depending on final target achievement plans to pay out 
30-35 cents dividend (PY: 25). 
    * H1 net profit after minority shares jumped by 74 pct to  
3.58 million euros(py: 2.06 mln euros) 
    * Believes 2016 EBITDA target of about 16 million euros(PY: 
12.8 million euros) comfortably underlined by Q1 business 
development 
 
Source text for Eikon:  ID:nEQ2BF3yha  
Further company coverage:  MUMG.DE  
 
($1 = 0.9119 euros) 
 
 (Gdynia Newsroom) 
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