Brief: Software Expects Acquisition To Add To Its Organic Growth In 2023

Software AG

27/07/2022 06:08

July 27 (Reuters) - SOFTWARE AG  SOWGn.DE :
    * GUIDANCE REMAINS AS ANNOUNCED ON JULY 15, 2022, WITH
ORGANIC
DIGITAL BUSINESS BOOKINGS EXPECTATION REVISED TO GROWTH OF 12 TO
18 PERCENT
    * ROBUST ORGANIC OPERATING MARGIN (EBITA, NON-IFRS)
PERFORMANCE AT
24.6 PERCENT IN Q2 AND 22.3 PERCENT IN FIRST HALF
    * ALL OTHER FULL-YEAR 2022 GUIDANCE METRICS REMAIN
UNCHANGED, AS
DO SOFTWARE AG'S ORGANIC AND TOTAL GROUP AMBITIONS FOR 2023
    * ADDITIONAL FINANCIAL INFORMATION NOW AVAILABLE INCLUDING
CASHFLOW RESULTS AND STREAMSETS PURCHASE PRICE ALLOCATION
    * GUIDANCE REMAINS AS ANNOUNCED ON JULY 15, 2022, WITH
ORGANIC
DIGITAL BUSINESS BOOKINGS EXPECTATION REVISED TO GROWTH OF 12 TO
18 PERCENT. ALL OTHER FULL-YEAR 2022 GUIDANCE METRICS REMAIN
UNCHANGED, AS DO SOFTWARE AG'S ORGANIC AND TOTAL GROUP AMBITIONS
FOR 2023
    * EXPECTS ACQUISITION TO ADD TO ITS ORGANIC GROWTH IN 2023
    * SOFTWARE AG - ORGANIC AMBITIONS FOR 2023 UNCHANGED

Source text for Eikon:  ID:nPexjNKG8a 
Further company coverage:  SOWGn.DE 

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