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  Key figures
  Introduction by the Executive Board
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Geschäftsbericht 2003

Software AG’s positive business development continued in the second quarter:
License revenue, total revenue and earnings came in above market expectations. An overview over the past three months and the first half of 2004 is provided in the financial report of June 30th, 2004.

The forward by CEO Karl-Heinz Streibich gives an overview of Software AG’s systematic implementation of the new company strategy and the move towards further growth. Of particular importance is an increased presence in developing growth markets. More...

Our share price returned significant growth of 41% in the first half of 2004. More...

Business Development

Comprehensive cost reduction and license growth lead to a significant profit increase. A further positive impact on sales is expected with the launch of the new XML Business Integration portfolio.


Software AG financial reporting for 2004 is being prepared according to International Financial Reporting Standards (IFRS). You can find more information on the accounting methods used and the reconciliation with 2003 figures here.

  Interim Report Q2/04 (PDF)
More Infos
  Interim Report Q1/04
  Annual Report 2003
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