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Simcorp A/S (SIM.CO)

SIM.CO on Copenhagen Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Simcorp Q3 EBIT above expectations at EUR ‍​19.6 mln
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - SIMCORP A/S ::SIMCORP GROWS REVENUE BY 10% IN THE FIRST NINE MONTHS OF 2017 AND ADDS THREE NEW CLIENTS IN Q3 .‍SIMCORP MAINTAINS ITS EXPECTATIONS FOR REPORTED REVENUE GROWTH BETWEEN 9% AND 14% MEASURED IN LOCAL CURRENCY FOR 2017​.2017 ‍EXPECTATIONS FOR EBIT MARGIN MEASURED IN LOCAL CURRENCIES IS NARROWED TO BE BETWEEN 24% AND 26% (PREVIOUSLY 24%-27%)​.‍IN FIRST THREE QUARTERS OF 2017, SIMCORP GENERATED REVENUE OF EUR 229.2M, AN INCREASE OF 10.4%​.‍EBIT FOR NINE MONTHS WAS EUR 43.0M COMPARED WITH EUR 43.3M IN RESTATED 2016 FIGURES, A DECREASE OF 0.5%​.Q3 TOTAL REVENUE EUR 81.0‍​ MILLION (REUTERS POLL EUR 79.3 MILLION).Q3 EBIT EUR ‍​19.6 MILLION (REUTERS POLL EUR 16.8 MILLION).Q3 ORDER INTAKE EUR 15.6 ‍​MILLION (REUTERS POLL EUR 13.1 MILLION).  Full Article

Simcorp chosen by Bank of Thailand as its investment management platform​
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - SIMCORP A/S ::‍SAYS BANK OF THAILAND SELECTS SIMCORP DIMENSION AS ITS INVESTMENT MANAGEMENT PLATFORM​.  Full Article

SimCorp CFO Thomas Johansen resigns
Tuesday, 13 Dec 2016 

SimCorp A/S : Chief Financial Officer Thomas Johansen steps down with immediate effect . Will shortly initiate process for recruitment of new CFO .Expectations to financial result for 2016 are not impacted by this announcement.  Full Article

SimCorp signs license agreement with Franklin Templeton
Monday, 26 Sep 2016 

SimCorp A/S : Said on Saturday had signed a license agreement with Franklin Templeton Companies, LLC, a subsidiary of Franklin Resources, Inc. .Franklin Templeton has selected SimCorp Dimension to support the firm's back office and investment accounting operations.  Full Article

SimCorp updates expectations for the year
Monday, 26 Sep 2016 

Simcorp A/S : Said on Saturday updated its 2016 expectations for revenue growth measured in local currencies to be between 5% and 10% (previously between 3% and 8%) . Updates its 2016 expectations for growth in adjusted non-GAAP revenue measured in local currencies to be between 10% and 15% (previously between 8% and 15%) . Updates 2016 EBIT margin expectation measured in local currencies - now seen at between 22% and 24% (previously between 21% and 24%) .The 2016 expectation for adjusted non-GAAP EBIT margin measured in local currencies is maintained between 24% and 28%.  Full Article

Simcorp Q2 EBIT falls to EUR 13.7 million
Friday, 26 Aug 2016 

Simcorp A/S : H1 2016 reported revenue 128.1 million euros ($145 million), an increase of 2.9 pct and an increase of 5.1 pct when measured in local currencies compared with H1 2015 . Q2 order intake was 13.9 million euros compared with 17.9 million euros in Q2 2015 . Q2 EBIT was 13.7 million euros compared with 16.7 million euros in Q2 last year .Simcorp maintains its expectations for reported revenue growth and EBIT margin measured in local currency for 2016.  Full Article

Simcorp: Belfius selects SimCorp Dimension for front and middle office
Monday, 22 Aug 2016 

Simcorp A/S : Belfius has selected SimCorp Dimension to support its front and middle office activities .Has signed a license agreement with Belfius, a banking and insurance group fully owned by Belgian federal state.  Full Article

Simcorp signs deal with London-based Marathon Asset Management
Thursday, 14 Jul 2016 

Simcorp A/S : Marathon Asset Management LLP (Marathon) chooses SimCorp Coric to enhance client reporting capabilities .Marathon will deploy SimCorp Coric as an on-premise solution, which will be delivered in two iterations, with project commencing in June 2016.  Full Article

Simcorp selected by Exane
Wednesday, 22 Jun 2016 

Simcorp A/S : SimCorp announced that Exane has selected SimCorp Dimension to support its middle and back-office operations for listed and OTC derivatives .First phase of project will start in June 2016, is expected to be extended to other business lines in future.  Full Article

SimCorp signs license agreement with Middle East government owned investment fund
Tuesday, 24 May 2016 

Simcorp A/S : Middle East government owned investment fund extends use of SimCorp Dimension .Says has signed a large additional perpetual license agreement with a Middle East government owned investment fund.  Full Article

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European shares mope at seven-week low as disappointing earnings weigh

LONDON European shares remained stuck at seven-week lows on Tuesday as a fall among commodities-related sectors and telecoms firm Altice outweighed a buoyant tech sector.