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OSP2 USU Software AG News Story

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Brief: USU Software FY consolidated net profit down 19 pct to EUR 6.8 mln

Feb 28 (Reuters) - USU Software AG  OSPGk.DE : 
    * FY consolidated revenue rises by 9 percent to 72 million euros ($76.30 million) 
    * FY EBITDA up 9 percent year-on-year at 10.8 million euros 
    * FY adjusted EBIT climbs 9 percent to 9.6 million euros 
    * FY USU Group's consolidated net profit (IFRS) declined by 19 percent as against 2015 to 
6.8 million euros in reporting period (2015: 8.4 million euros) 
    * Medium-term planning anticipates consolidated revenue of 140 million euros and adjusted 
EBIT of more than 20 million euros by 2020 
    * Management board is also confirming its planning for usu group as regards current forecast 
 
Source text for Eikon:  ID:nEQ4p1s4q  
Further company coverage:  OSPGk.DE  
 
($1 = 0.9437 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))

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