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Software AG Reports First Half Group Revenue At EUR 411.4 Mln
Software AG Publishes Preliminary Q2 2019 Financial Results And Adjusts 2019 Outlook For DBP Business Line
Software AG Publishes Preliminary Q1 Financial Results, Raises 2019 Outlook For Adabas & Natural Business Line
Software AG is a Germany-based software developer and provider of information technology (IT) platforms for businesses. The Company operates in three segments: Digital Business Platform (DBP), Adabas & Natural (A&N) and Consulting. The DBP segment focuses on integration, business process management and big data with the webMethods, Aris, Alfabet, Apama and Terracotta product families. It also includes the IoT/Cloud business line, which focuses on Internet of Things (IoT) and cloud computing solutions. The A&N segment offers data management with the Adabas and Natural product families. The Consulting segment specializes in the implementation of the Company's products. The Company assists businesses from various industries with digital transformation processes. Its clients are active in the banking, communication, energy, insurance, retail and transportation industries, among others.
Software & Programming
Independent Chairman of the Supervisory Board
Chairman of the Management Board, Chief Executive Officer
Deputy Chairman of Supervisory Board and Employee representative
Member of the Executive Board, Chief Financial Officer
Otmar F. Winzig
Senior Vice President, IR Contact Officer
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Software AG <SOWGn.DE> lowered the outlook for its integration software division as it reported a 9% drop in second-quarter operating profit, sending its shares down by 5% in pre-market trading on Friday.
German business software firm Software AG can spend 1-1.5 billion euros ($1.15 billion-$1.73 billion) on acquisitions, CEO Sanjay Brahmawar told Reuters on Thursday, as he seeks to drive growth in data integration and the industrial internet.
German business Software AG <SOWGn.DE> can spend 1-1.5 billion euros ($1.15 billion-$1.73 billion) on acquisitions, CEO Sanjay Brahmawar told Reuters on Thursday, as he seeks to drive growth in data integration and the industrial internet.
German business Software AG can spend 1-1.5 billion euros ($1.15 billion-$1.73 billion) on acquisitions, CEO Sanjay Brahmawar told Reuters on Thursday, as he seeks to drive growth in data integration and the industrial internet.
Software AG, Germany's No.2 business software firm, said on Thursday it would invest 20 million to 30 million euros ($23-$34.5 million) this year in growth projects as CEO Sanjay Brahmawar seeks to revitalise the 50-year-old company.
Software AG has appointed a new chief salesman, marking the first key personnel decision by new CEO Sanjay Brahmawar as Germany's No.2 business software company embarks on a strategy review.
Software AG's <SOWGn.DE> new chief executive plans to launch a strategy review and look at possible acquisitions in data integration, he said on Friday after the company posted slightly better than expected quarterly results.
Software AG, Germany's No.2 business software firm, reported third-quarter profits and sales that slightly beat market expectations as its new industrial internet division achieved triple-digit growth.
* Confirms full-year guidance (Adds detail on divisions, outlook)
Germany's Software AG reported in-line sales and a slight beat on profits in the second quarter, as its business platform and database divisions recorded solid growth and its new industrial internet division doubled revenues.
Germany's Software AG <SOWGn.DE> said on Monday it was more confident on sales prospects for its core database business over the next six months after some slippage on closing deals in the first quarter triggered a sell-off in its shares.
* CHIEF COMMERCIAL OFFICER: SOME SLIPPAGE ON DBP DEALS IN Q1, BUT WE HAVE VERY GOOD VISIBILITY FOR NEXT TWO QUARTERS Further company coverage: (Reporting By Douglas Busvine)
* CFO SAYS SEES Q2 CURRENCY HEADWIND OF AROUND 7 PERCENT, SIMILAR TO Q1
Germany's Software AG <SOWGn.DE> has raised its outlook for sales from industrial internet business after the division's sales doubled in the first quarter.
* ADHOC: SOFTWARE AG PUBLISHES PRELIMINARY Q1 FINANCIAL RESULTS AND RAISES 2018 OUTLOOK FOR ITS IOT & CLOUD BUSINESS
* DIVIDEND SET TO INCREASE TO EUR0.65 (PY: EUR0.60) PER SHARE
* DECIDES TO CANCEL TREASURY SHARES AND TO DECREASE THE SHARE CAPITAL
German software group Software AG said it appointed Sanjay Brahmawar as the new chief executive of the company, effective later this year.
* DGAP-ADHOC: SOFTWARE AG: SANJAY BRAHMAWAR APPOINTED AS NEW CEO FOR A TERM OF FIVE YEARS EFFECTIVE AUGUST 1, 2018
Software AG issued a cautious outlook on its profit margins on Thursday, triggering a 7 percent share-price slide even though the German software group also said its industrial internet business could double in size in 2018.
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