Brief: USU Software Expects Sales To Rise To EUR 134-139 Mln In 2023

USU Ventures AG

30/03/2023 08:05

March 30 (Reuters) - USU SOFTWARE AG  OSPGk.DE :
    * EXCEEDS TARGETS FOR 2022 AND ANNOUNCES EARLY EXTENSION OF
MANAGEMENT BOARD CONTRACTS
    * CONSOLIDATED SALES UP 13.1% TO EUR 126.5 MILLION
    * PROPOSED DIVIDEND INCREASE OF 10% TO EUR 0.55
    * FY EBITDA IMPROVES BY 17% TO EUR 16.8 MILLION
    * EXPECTS SALES TO INCREASE TO EUR 134-139 MILLION IN 2023
    * OUTLOOK 2023: EBITDA IS EXPECTED TO AMOUNT TO EUR 16.5-18
MILLION
    * OUTLOOK 2023: MEDIUM TERM, MANAGEMENT BOARD EXPECTS TO SEE
AVERAGE ORGANIC SALES GROWTH OF AROUND 10% PER YEAR, WITH SHARE
OF SAAS CONTRACTS AMONG NEW CUSTOMERS RISING TO OVER 75%
    * EBITDA MARGINS ARE SET TO INCREASE TO 17-19% BY END OF
2026

Source text for Eikon:  ID:nEQ9yns8Ca 
Further company coverage:  OSPGk.DE 

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