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  Key figures
  Introduction by the Executive Board
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Geschäftsbericht 2003

Software AG made a strong start to the year, posting an 89 percent increase in earnings. Read our first-quarter report 2004 for a review of business development in the first three months of the year.

We have reached our initial goals. But what’s next? The introduction by the Executive Board outlines key activities over the coming months. More...

Company stock performance impressed again in the first quarter - shares gained nearly 30 percent. More...

Management report

Restructuring measures are taking effect, leading to a significant improvement in profitability. And the new business strategy has translated into operational success. But our focus remains firmly on meeting market and customer requirements.


The Software AG interim report for the first quarter was the first to be prepared according to International Financial Reporting Standards (IFRS). You can find more information on the accounting methods used and reconciliation to 2003 figures here.

  Interim Report Q1/04 (PDF)
More Infos
  2003 Quarterly Results
  Annual Report 2003
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