Brief: Simcorp A/S - Q4 EBIT Was EUR 58.4 mln

SIMCORP A/S

10/02/2021 06:56

Feb 10 (Reuters) - Simcorp A/S  SIM.CO :
    * REG-SIMCORP REPORTS REVENUE OF EUR 456M AND EBIT MARGIN OF 27.3% FOR 2020
    * SIMCORP A/S - Q4 ORDER INTAKE WAS EUR 56.6M, AN INCREASE OF EUR 21.5M COMPARED WITH Q4
2019.
    * SIMCORP A/S - Q4 ORDER INTAKE WAS EUR 56.6M, AN INCREASE OF EUR 21.5M COMPARED WITH Q4
2019
    * SIMCORP A/S - Q4 REPORTED REVENUE WAS EUR 146.2M, AN INCREASE OF 14.3% COMPARED WITH Q4
2019,
PRIMARILY DUE TO STRONG ADDITIONAL LICENSE SALES
    * SIMCORP A/S - Q4 EBIT WAS EUR 58.4M AND EBIT MARGIN WAS 40.0% COMPARED WITH EBIT OF EUR
34.0M
AND EBIT MARGIN OF 26.6% IN Q4 2019.
    * SIMCORP A/S - FOR 2021, SIMCORP EXPECTS REVENUE TO GROW BETWEEN 6% AND 11% AND EBIT MARGIN
TO BE
BETWEEN 24.5% AND 27.5%, MEASURED IN LOCAL CURRENCIES.
    * SIMCORP A/S - TO RECOMMEND TO SHAREHOLDERS AT ANNUAL GENERAL MEETING 2021 THAT DIVIDENDS
OF EUR
40.1M BE DECLARED AT RATE OF DKK 7.50 PER SHARE COMPARED WITH DKK 7.50 LAST YEAR

Source text for Eikon:  ID:nGNE9FfqFB 
Further company coverage:  SIM.CO 

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