ETS sales rise due to ongoing modernization requirements

Licensing revenues from the ETS business line rose by 27 percent to €121.7 million (prior year: €96.0 million). Growth totaled 29 percent when adjusted for currency. The strategic importance of mainframes for our customers is resulting in the steady expansion of systems and closer customer ties. A total of 85.6 percent of sales stem from capacity expansion and 14.4 percent from extended licenses.

Remarkable growth rates for Crossvision

The Crossvision business line grew exceptionally well. Licensing revenues from our own products climbed from €26.0 million to €41.6 million. This represents a leap of 60 percent (currency-adjusted: 63 percent).

As planned, we focused on our own products and continued phasing out non-Software AG products, which led to a drop in sales of these products at the Group level from €4.3 million to €1.8 million.