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Annual Report 2004
Fotostrecke
 
 

Successful strategy implementation
Software AG, Germany’s second largest software provider and one of Europe’s biggest software vendors is once again highly visible in the market. Revenue has been stabilized and profitability significantly increased. These positive changes were achieved through successful strategy implementation.

  Further details in the Letter to the Shareholders.
 
   
 

Software AG share price development was amongst the best in the TecDAX. Against the trend, the share price rose by 46 percent. This ex-ceptional performance was based on positive business developments and favorable prospects. Further information. Read more...


 
 
Management Report Financial Statements
 

Through stable revenue, net of currency effects, and significant growth in operating results, Software AG hit its 2004 fiscal targets.

  For further details...
   

The financial statements for 2004 are the first prepared by Software AG under IFRS allowing us to deliver higher transparency and comparability.

  For further details...
 
 

 
 

Global Networked Company
Innovation, portfolio, customers. The photographs in the Annual Report depict key factors driving the growth of Software AG. They also reflect the particular strengths of the company: internationality and teamwork. The accompanying photographs were taken in winter 2004/2005 by employees of Software AG, on the spot, at locations world-wide. This self-directed photoshoot emphasizes the creation of the annual report through concerted teamwork – as also applies to the strategic progress reported.

 
     
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  Annual Report 2004 (PDF)
   
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