Brief: SimCorp Q1 EBIT Rises To EUR 26.4 Mln

SIMCORP A/S

22/05/2019 07:10

May 22 (Reuters) - Simcorp A/S  SIM.CO :
    * REG-SIMCORP REPORTS REVENUE GROWTH OF 11% AND EBIT MARGIN
OF
26.5% IN Q1 2019
    * REG-SIMCORP REPORTS REVENUE GROWTH OF 11% AND EBIT MARGIN
OF
26.5% IN Q1 2019
    * SIMCORP MAINTAINS ITS EXPECTATIONS FOR REVENUE GROWTH AND
EBIT
MARGIN MEASURED IN LOCAL CURRENCIES FOR 2019
    * EBIT WAS EUR 26.4M COMPARED WITH EUR 23.3M IN Q1 2018
    * Q1 2019 REPORTED REVENUE WAS EUR 99.7M, AN INCREASE OF
11.0%
WHEN COMPARED WITH Q1 2018
    * WE ARE OFF TO A GOOD START FOR YEAR - CEO
    * AT MARCH 31, 2019, ORDER BOOK AMOUNTED TO EUR 47.1M, AN
INCREASE
OF EUR 28.5M WHEN COMPARED WITH ORDER BOOK AT MARCH 31, 2018
    * OUR ORDER BOOK REMAINS STRONG AND OUR SALES PIPELINE
CONTINUES
TO SUPPORT OUR FINANCIAL GUIDANCE - CEO
    * Q1 TOTAL ORDER INTAKE FROM NEW AND ADD-ON LICENSES WAS EUR
21.4M, AN INCREASE OF EUR 7.4M COMPARED WITH SAME PERIOD LAST
YEAR

Source text for Eikon:  ID:nGNE6JqQFN 
Further company coverage:  SIM.CO 

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