Archive of Quarterly Reports 2007
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FY 2007 - Software AG reports best financial results in the company’s history
Software AG (Frankfurt TecDAX: SOW) has reported the best financial results in the company’s history. Group revenues (IFRS) amounted to €621.3 million (2006: €483.0 million). Operating revenues increased by 36%, at constant currency rates. Licensing revenues (currency adjusted) were up 53% to €241.3 million (2006: €165.7 million). EBIT improved by 23% to €136.8 million (2006: €111.2 million). Software AG increased its net income by 21% to €88.4 million in 2007, up from €73.2 million in 2006.
Overall, the forecasts for 2007 were achieved and with revenue and license targets exceeded. For the fiscal year 2008 the company plans to increase its currency-adjusted revenues by 24% to 27%. The EBIT margin is expected to rise to 24% percent in the same period.
Key Figures (IFRS) | ||
| € million (unless otherwise stated) | FY 2007 | FY 2006 |
| Revenue | 621.3 | 483.0 |
| Products | 454.2 | 353.0 |
| of which: | ||
| Licenses | 241.3 | 165.7 |
| Maintenance | 212.9 | 187.3 |
| Professional services | 161.2 | 126.2 |
| Other | 5.9 | 3.8 |
| EBIT | 136.8 | 111.2 |
| as % of revenue | 22.0 | 23.0 |
3Q2007 - Software AG reports significant increase in revenue and earnings - confirms forecast for the year
Software AG (Frankfurt TecDAX: SOW) continued to improve its revenue and earnings significantly in the third quarter of 2007. Its revenue amounted to €157.8 million (2006: €113.8 million); operating revenue grew by 48% on a currency-adjusted basis. Licensing revenue rose by 62% to €57.8 million (2006: €37.0 million). EBIT rose to €32.4 million (2006: €25.6 million), an increase of 27%. Software AG raised its net income for the third quarter from €17.1 million in 2006 to €19.2 million in 2007.
In 2008 the company plans to raise its operating revenue by 22% to 25% net of currency effects and its EBIT margin to circa 23%.
Key Figures (non IFRS) | ||
| € million (unless otherwise stated) | 9M 2007 | 9M 2006 |
| Revenue operating | 441.9 | 348.6 |
| Products operating | 322.3 | 253.8 |
| of which: | ||
| Licenses operating | 162.0 | 111.7 |
| Maintenance operating | 160.3 | 142.1 |
| Professional services | 116.1 | 93.1 |
| Other | 3.0 | 1.7 |
| EBIT operating | 101.2 | 76.8 |
| as % of revenue | 22.9 | 22.0 |
Quarterly Report Q3 2007
Financials | Press ReleasePresentations
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2Q2007 - Software AG Again Reports Increased Earnings in the Second Quarter of 2007 and Integration of webMethods According to Plan
In the second quarter of 2007, Software AG (Frankfurt TecDAX: SOW) again reported significant growth in revenue and earnings as it extended its business success of recent quarters. Corporate revenue grew by 28 percent year-on-year to €154.8 million in the second quarter of 2007 (according to IFRS €152.2 million or 30 percent currency adjusted). During the quarter, license revenue increased year-on-year by 39 percent to €57.3 million. Operating results (EBIT) grew by 32 percent over the second quarter of 2006 to €39.3 million. Profit after taxes also grew by 27 percent year-on-year to €24.6 million. The acquisition of US software company webMethods, Inc. on May 25, 2007 had a positive impact on revenue and earnings.
Key Figures (non IFRS) | ||
| € million (unless otherwise stated) | H1 2007 | H1 2006 |
| Revenue operating | 279.5 | 234.8 |
| Products operating | 202.6 | 168.8 |
| of which: | ||
| Licenses | 104.2 | 74.7 |
| Maintenance operating | 98.4 | 94.1 |
| Professional services | 74.3 | 64.9 |
| Other | 2.6 | 1.1 |
| EBIT operating | 64.3 | 51.2 |
| as % of revenue | 23.0 | 21.8 |
Quarterly Report Q2 2007
Financials | Press ReleasePresentations
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1Q2007 - Software AG Reports Continuous Growth in the First Quarter of 2007
Software AG continued to expand in the first quarter of 2007 reporting a 10% increase in Group revenue to €124.7 million, 15% at constant currency rates. Growth in the first quarter was primarily driven by a 40% rise in licensing revenues to €46.9 million (51% net of currency effects). Profitability also improved in the first quarter, the operating result (EBIT) rose by 16% to €25.0 million while the EBIT margin improved by more than one percentage point to 20%. The increase in net earnings of 24% to €17.8 million, significantly higher than the previous year, demonstrated Software AG’s successful start to fiscal 2007.
Key Figures (non IFRS) | ||
| € million (unless otherwise stated) | Q1 2007 | Q1 2006 |
| Revenue | 124.7 | 113.8 |
| Products | 91.4 | 80.9 |
| of which: | ||
| Licenses | 46.9 | 33.4 |
| Maintenance | 44.5 | 47.5 |
| Professional services | 32.6 | 32.2 |
| Other | 0.7 | 0.7 |
| EBIT | 25.0 | 21.5 |
| as % of revenue | 20.0 | 18.9 |
Quarterly Report Q1 2007
Financials | Press ReleasePresentations
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All figures in Microsoft Excel format
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