Please activate JavaScript!
Please install Adobe Flash Player, click here for download

SAG QB3 2013, englisch

15 05 INTERIM MANAGEMENT REPORT 20 INTERIM FINANCIAL STATEMENTS 28 NOTES TO THE INTERIM FINANCIAL STATEMENTS 44 SERVICE Nine-month period 2013 Product revenue in the first nine months of 2013 totaled €501.4 million (2012: €515.3 million). Service revenue was €199.0 million (2012: €253.7 million). Software AG’s total Group revenue in the first nine months of the current fiscal year was €701.2 million (2012: €770.6 million). BPE license and maintenance revenue for the period ­increased to €296.1 million (2012: €271.0 million). ETS prod- uct revenue reached €198.8 million (2012: €231.6 million). Due to the realignment and focus of the Consulting business line, total revenue dropped to €205.7  million (2012: €267.3 million). As a result of increased investments in marketing, sales and research and development in the BPE business line, EBIT for the first nine months of 2013 was €135.1 million (2012: €172.9 million). The EBIT margin was 19.3 percent (2012: 22.4 percent). Net income Net expenses totaling €1.8 million were positively affected by interest payments on a tax repayment. Software AG’s tax rate depends largely on the regional rev- enue distribution due to widely varying national tax rates. The tax rate in the third quarter of 2013 was 34 percent, which is 1 percent higher than last year. This was impacted by the larger share of earnings generated in the USA (tax rate: 39 percent). The increased investments in sales and marketing and ex- change rate effects had a notable impact on profit in the third quarter. Net income (earning after taxes) fell to €31.1 million (2012: €40.7 million) year over year, but grew 8  percent compared to the second quarter of 2013 (€28.8 million). Earnings per share were €0.37 (2012: €0.47) in the quarter under review. SIGNIFICANT EVENTS DURING THE REPORTING PERIOD 05 FINANCIAL PERFORMANCE 07 FINANCIAL POSITION 16 EMPLOYEES 18 OPPORTUNITIES AND RISKS 18 EVENTS AFTER THE BALANCE SHEET DATE 18 OUTLOOK 19

Pages