Analyst Estimates

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as of July 14, 2014

in €m

Q2 2014

Total
Revenue 

License
Revenue
Maintenance
Revenue

Product
Revenue
BPE
 

Product
Revenue
ETS

EBIT

 
NON IFRS
EBIT
Net
Income
Number of estimates 151515 15 15 1515
15
Min 210.763.087.2 99.7 50.8 27.042.815.4
Max 227.677.195.4 109.5 58.2 46.358.530.9
Mean 216.270.591.0 105.6 54.8 35.251.022.4
Median 214.970.691.0 106.0 55.0 35.751.123.0


in €m

FY 2014

Total
Revenue 

License
Revenue
Maintenance
Revenue

Product
Revenue
BPE

Product
Revenue
ETS

EBIT

 
NON IFRS
EBIT

Net
Income
Number of estimates 151515 15 15 1515
15
Min903.5321.8351.8 462.6 218.7 187.3236.0119.5
Max952.0359.6383.9 495.9235.1 220.3271.5145.5
Mean924.6338.0369.9 476.9 227.5 204.1259.9133.0
Median 927.3340.0371.0476.1 228.3 204.8 263.0132.4




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The following banks were included in the consensus survey: 

Baader
Barclays Capital
Bryan Garnier
Commerzbank AG
Deutsche Bank
DZ Bank
Goldman Sachs
Hauck & Aufhäuser
J.P. Morgan
LBBW
M. M. Warburg
Mirabaud
Natixis
SG
UBS 
 

Disclaimer

The above-mentioned estimates are not figures that were officially released by Software AG, but reflect calculations or evaluations carried out by third parties, in particular by equity research analysts.

The analyst estimates are quoted for non-binding information purposes only. Software AG does not in any way adopt, support or confirm the estimates of the equity research analysts.

Software AG assumes no liability whatsoever as to the accuracy of the analysts' estimates quoted herein, or that Software AG would meet these estimates. Neither does the information contained on this website constitute an offer or solicitation by Software AG to purchase its shares. Software AG assumes no liability for damages suffered by third parties as a result of the information contained in this website.

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