Brief: Software AG Q2 Net Income (Non-IFRS) At EUR 28.4 Mln

Software AG

27/07/2022 14:51

July 27 (Reuters) - SOFTWARE AG  SOWGn.DE :
    * Q2 EBIT (IFRS) AT EUR 31.9 MILLION (ADDS CURRENCY AND
MILLION)
    * H1 ORGANIC DIGITAL BUSINESS ARR GROWTH OF 11 PERCENT
DRIVEN BY
NEW BUSINESS BOOKINGS GROWTH WHICH WAS WELL INTO DOUBLE-DIGITS.
    * H1 ROBUST ORGANIC OPERATING MARGIN (EBITA, NON-IFRS)
PERFORMANCE
AT 24.6 PERCENT IN Q2 AND 22.3 PERCENT IN FIRST HALF
    * GUIDANCE REMAINS AS ANNOUNCED ON JULY 15, 2022
    * GROUP'S FREE CASH FLOW IN Q2 WAS LOWER YEAR-ON-YEAR AT
-EUR 21.7
MILLION (Q2 2021: EUR 18.5 MILLION)
    * Q2 EBITA (NON-IFRS) (OPERATING PROFIT) AT EUR 49.4 MILLION
    * Q2 NET INCOME (NON-IFRS) AT EUR 28.4 MILLION

Further company coverage:  SOWGn.DE 

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