The Management Board of
According to a preliminary consolidation of the results, the company reports that Bookings in its A&N business line are ahead of market expectations for the second quarter. Second quarter A&N bookings will be around 40 EURm, representing growth of around 48 percent at constant currencies compared to the same quarter of the previous year.
The combination of this second quarter A&N performance, second quarter Digital Business bookings that are slightly ahead of market expectations and second quarter Digital Business product revenue growth at constant currencies of around 10 percent on the prior year, means that the company expects second quarter total product revenue of around 181 EURm and a respective non-IFRS EBITA margin of around 27 percent.
The strong business development in A&N seen in the second quarter was primarily driven by the closure of slipped deals from the first quarter and the early closure of deals originally expected to close later in the year.
The Management Board of
2021 Guidance (at constant currency; except for margin):
Digital Business bookings: +15 percent to +25 percent
Adabas & Natural bookings: -30 percent to -20 percent
Product Revenue: 0 percent to +5 percent
Operating profit margin (EBITA, non-IFRS): 16 percent to 18 percent
The Group also confirms its mid-term ambitions:
The company will continue its process to consolidate its overall preliminary results for the second quarter and first half 2021, and these will be published as planned on
The conference call on the full financial results for the second quarter and the first six months of 2021 for investors, analysts and journalists will take place on
Darmstadt,
The Management Board
Person making the notification:
Frederic Freichel
Senior Manager Investor Relations
E-Mail: frederic.freichel@softwareag.com
Tel: +49 6151 92 1106
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