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SAG QB3 2013, englisch

7 05 INTERIM MANAGEMENT REPORT 20 INTERIM FINANCIAL STATEMENTS 28 NOTES TO THE INTERIM FINANCIAL STATEMENTS 44 SERVICE 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 Third-quarter results confirm the sustainable effects of the Company’s strategic transformation. Exchange rate effects CURRENCY SPLIT YTD 2013 37 % revenue in € 63 % revenue in foreign currency Currency impact on revenue Exchange rates had a more negative impact on revenue and earnings in the third quarter of 2013 than in the two previ- ous quarters. Total currency translation effects on Group revenue worldwide were €– 12.5 million. BRL 7 % ILS 5 % AUD 5 % GBP 5 % CAD 3 % ZAR 3 % Other 9 % EUR 37 % USD 26 % in € millions Q3 2013 Q3 in % YTD 2013 YTD in % Licenses − 4.5 − 5 − 9.3 − 4 Maintenance − 6.3 − 6 − 11.3 − 4 Consulting & Other − 1.7 − 3 − 3.2 − 2 Total − 12.5 − 5 − 23.8 − 3 2 FINANCIAL PERFORMANCE 2.1 SALES BY REVENUE TYPE Total revenue The Software AG Group generated total revenue of €238.5 million (2012: €257.4 million) in the third quarter of 2013. The Company’s focus on and consolidation of its con- sulting business as well as the contraction of ETS revenue led to a 7-percent decline in total business volume. At the same time Software AG was able to significantly expand revenue in its primary business segment, BPE, in which revenue reached an all-time high. At constant currency, the decrease in total revenue was about 2 percent. However, this is a slight increase as compared to revenue in the ­previous (second) quarter (€237.7 million), contrary to the typical seasonal pattern. The Group’s product revenue (license and maintenance sales) totaled €175.1 million (2012: €178.3 million), which, at con- stant currency, is 4 percent higher than the previous year. As a percentage of total revenue, product revenue increased to 73  percent (2012: 69  percent), further improving ­Software AG’s revenue mix towards the high-margin license and maintenance revenues. At €79.9 million (2012: €80.5 million), Group license revenue remained stable year on year. At constant currency, this is a 5-percent increase. Accordingly, global maintenance revenue was €95.2 million (2012: €97.8 million).

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