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Software AG GB 2013. englisch

Financial performance Revenue Software AG’s consolidated revenue in fiscal 2013 was €972.7 million (2012: €1,047.3 million). One reason for the decline was the consolidation of the Consulting business line. Here, in addition to exiting unprofitable markets, Soft- ware AG also sold its SAP service operations in North Amer- ica and Eastern Europe and shifted its focus to process-­ oriented consulting in the Geman-speaking region. Secondly, the traditional Enterprise Transactions Systems (ETS) data- base line saw a loss, as expected. In contrast, the high- growth Business Process Excellence (BPE) business line re- turned double-digit revenue growth. Exchange rates had an exceptionally strong impact on Soft- ware AG’s business in fiscal 2013. Because the euro steadi- ly gained strength over all relevant currencies during the year, exchange rate fluctuations negatively affected Group revenue by about €38 million. Maintenance and license revenue suffered the most, and the impact was about the same for both types of revenue. Software AG generated approximately 36 percent of its glob- al revenue in the common European currency, which equals last year. The U.S. dollar (USD) accounted for the largest per- centage of revenue in foreign currency, which, like last year, was 26 percent. The revenue share in Brazilian real (BRL) increased by 2 percentage points to 8 percent. Other im- portant foreign currencies in which Software AG completed Currency impact in € millions in % Licenses -16.9 -5  Maintenance -16.4 -4  Consulting & other -4.5 -2  Total -37.8 -4  Comparison of currency effects on revenue in 2013 BRL 8% GBP 6% AUD 5% ILS 4% CAD 3% ZAR 2% Other 10% EUR 36% USD 26% Software AG | Annual Report 2013 76 Letter from the Management Board Software AG ShareAbout Software AG Highlights 2013