January 18, 2018 / 5:36 PM / 6 months ago

Software AG takes hit on U.S. tax reform

FRANKFURT (Reuters) - Germany’s Software AG (SOWGn.DE) on Thursday said it would take a hit in the mid-single digit million euros range for 2017 due to U.S. federal tax reforms.

In 2018 and in future years, however, the group’s earnings per share are expected to improve by 5-10 percent, it added.

Reporting by Christoph Steitz; Editing by Adrian Croft

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