Brief: Software AG Says Sees 2023 Operating Profit Margin In Range Of 16 To 18 Percent

Software AG

31/01/2023 18:41

Jan 31 (Reuters) - Software AG  SOWGn.DE :
    * PTA-ADHOC: SOFTWARE AG: SOFTWARE AG ISSUES ITS GUIDANCE
FOR THE
FISCAL YEAR 2023
    * SOFTWARE - IN DIGITAL BUSINESS SEGMENT, ANNUAL RECURRING
REVENUE
(ARR) IS EXPECTED TO GROW BETWEEN + 10 TO + 15 PERCENT YEAR ON
YEAR FOR 2023
    * SEES 2023 OPERATING PROFIT MARGIN (EBITA, NON-IFRS) IS
EXPECTED
TO BE IN RANGE OF 16 TO 18 PERCENT (STATED FIGURE)
    * FOR 2023 PRODUCT REVENUE IS EXPECTED TO GROW BETWEEN + 6
TO + 10
PERCENT YEAR-ON-YEAR
    * IN ADABAS & NATURAL (A&N) SEGMENT, ARR IS EXPECTED TO
DEVELOP
BETWEEN - 2 TO + 2 PERCENT YEAR-ON-YEAR FOR 2023

Source text for Eikon:  ID:nPexfvmyta 
Further company coverage:  SOWGn.DE 
 ((Reuters.Briefs@thomsonreuters.com;))