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Software AG (SOWGn.DE)

SOWGn.DE on Xetra

25.76EUR
9:05pm IST
Change (% chg)

€-3.47 (-11.87%)
Prev Close
€29.23
Open
€27.70
Day's High
€27.74
Day's Low
€25.20
Volume
1,121,610
Avg. Vol
203,833
52-wk High
€44.19
52-wk Low
€25.20

Latest Key Developments (Source: Significant Developments)

Software AG Reports First Half Group Revenue At EUR 411.4 Mln
4:06am IST 

July 18 (Reuters) - Software AG ::DGAP-NEWS: SOFTWARE AG ANNOUNCES Q2 FINANCIAL RESULTS WITH GROUP REVENUE AND PROFIT IN LINE WITH MARKET EXPECTATIONS; REDUCES DBP GUIDANCE FOR 2019.FIRST HALF GROUP REVENUE AT EUR411.4 MILLION, UP 5% YEAR-ON-YEAR AT CONSTANT CURRENCY.SAYS FIRST HALF GROUP EBIT OF EUR89.9 MILLION.SAYS Q2 TOTAL PRODUCT REVENUE AT EUR163.1 MILLION FOR QUARTER, UP BY 2% YEAR-ON-YEAR.H1 TOTAL PRODUCT REVENUE EUR317.7 MILLION, UP 6% FROM PRIOR YEAR.: Q2 GROUP EBIT OF EUR47.7 MILLION.Q2 TOTAL PRODUCT REVENUE AT EUR163.1 MILLION FOR QUARTER, UP BY 2% YEAR-ON-YEAR.SLOWER THAN ANTICIPATED DBP PROGRESS IN H1 HAS LED GROUP TO REVISE ITS FULL YEAR DBP GUIDANCE.TO REVISE FY DBP GUIDANCE, WITH EXPECTATION THAT IT WILL NOW DELIVER YEAR-ON-YEAR REVENUE GROWTH OF BETWEEN -6% TO 0% AT CONSTANT CURRENCY.TO REVISE ITS FULL YEAR DBP GUIDANCE; ALL OTHER GUIDANCE RANGES REMAIN UNCHANGED.QTRLY EPS 0.53 EUROS.H1 2019 NON IFRS EARNINGS PER SHARE WAS 1.02 EUROS.  Full Article

Software AG Publishes Preliminary Q2 2019 Financial Results And Adjusts 2019 Outlook For DBP Business Line
3:10am IST 

July 18 (Reuters) - Software AG ::DGAP-ADHOC: SOFTWARE AG PUBLISHES PRELIMINARY Q2 2019 FINANCIAL RESULTS AND ADJUSTS 2019 OUTLOOK FOR DIGITAL BUSINESS PLATFORM BUSINESS LINE.SAYS ADJUSTS 2019 OUTLOOK FOR DIGITAL BUSINESS PLATFORM BUSINESS LINE.SAYS TOTAL QTRLY REVENUE AT EUR 210 MILLION UP BY 2.1% YEAR-ON-YEAR.SAYS NEW FY OUTLOOK FOR DBP (EX. CLOUD & IOT) REVENUE GROWTH IS -6% TO 0% AT CONSTANT CURRENCY.SAYS ALL OTHER 2019 OUTLOOK NUMBERS RE-CONFIRMED.Q2 EBIT AT EUR 47.7 MILLION (CONSENSUS EUR 47.7 MILLION) IN LINE WITH MARKET EXPECTATION.EXPECTED Q2 EBIT WILL BE EUR 47.7 MILLION REFLECTING HELIX TRANSFORMATION, GROUP'S EBITA MARGIN WILL BE 26.7%.  Full Article

Software AG Publishes Preliminary Q1 Financial Results, Raises 2019 Outlook For Adabas & Natural Business Line
Friday, 12 Apr 2019 

April 11 (Reuters) - Software AG ::DGAP-ADHOC: SOFTWARE AG PUBLISHES PRELIMINARY Q1 2019 FINANCIAL RESULTS AND RAISES 2019 OUTLOOK FOR ADABAS & NATURAL BUSINESS LINE.QTRLY TOTAL REVENUE AT EUR 201.4 MILLION UP BY 8% YEAR-ON-YEAR.FY A&N OUTLOOK CORRIDOR RAISED TO -3% TO +3% REVENUE GROWTH AT CONSTANT CURRENCY.ALL OTHER 2019 OUTLOOK NUMBERS RE-CONFIRMED.QTRLY TOTAL PRODUCT REVENUE AT EUR 154.5 MILLION UP BY 10% YEAR-ON-YEAR.QTRLY EBIT AT EUR 42.2 MILLION IN LINE WITH PRIOR YEAR LEVEL.  Full Article

Software AG Signs New Contract With Faircom
Friday, 22 Mar 2019 

March 22 (Reuters) - Software AG ::FAIRCOM AND SOFTWARE AG SIGN NEW CONTRACT FOR C-TREEACE DATABASE.FAIRCOM AND SOFTWARE AG SIGN NEW CONTRACT FOR C-TREEACE DATABASE.WITH NEW AGREEMENT, FAIRCOM AND SOFTWARE AG ARE RENEWING THEIR LONG-STANDING PARTNERSHIP BY EXPANDING USAGE OF C-TREEACE TECHNOLOGY AND UPDATING TO ITS LATEST VERSION.  Full Article

Software AG Adopts New Strategic Direction
Thursday, 31 Jan 2019 

Jan 30 (Reuters) - Software AG ::DGAP-ADHOC: SOFTWARE AG ADOPTS NEW STRATEGIC DIRECTION .IN NEW STRATEGIC DIRECTION, EUR 20 TO EUR 30 MILLION IN NEW NET INVESTMENT WILL BE MADE BY CO IN NEW BUSINESS MODEL IN 2019.  Full Article

Software Says Nordex Adopts Software AG's Cumulocity IoT For Wind Farms
Monday, 3 Dec 2018 

Dec 3 (Reuters) - Software AG ::NORDEX GROUP ADOPTS SOFTWARE AG’S CUMULOCITY IOT TO MANAGE CLEAN-ENERGY WIND FARMS.  Full Article

Software AG: John Schweitzer Appointed To The Executive Board
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Software AG ::DGAP-NEWS: JOHN SCHWEITZER APPOINTED TO EXECUTIVE BOARD OF SOFTWARE AG.APPOINTMENT EFFECTIVE AS OF NOVEMBER 1^ST, 2018.  Full Article

Software AG to launch strategy review, eyes M&A in data storage
Friday, 19 Oct 2018 

Oct 19 (Reuters) - Software AG ::NEW CEO SAYS LAUNCHES STRATEGY REVIEW, TO PRESENT RESULTS IN FEBRUARY.SOFTWARE AG CEO SAYS TO LOOK AT ACQUISITIONS, IN PARTICULAR IN DATA STORAGE, AS PART OF STRATEGY REVIEW.  Full Article

Software AG CFO: Can Easily Do Acquisitions And Share Buybacks
Wednesday, 18 Jul 2018 

July 18 (Reuters) - Software AG ::CFO SAYS WE CAN EASILY DO ACQUISITIONS AND SHARE BUYBACKS.  Full Article

Bilfinger Signs Strategic Partnership With Software AG
Tuesday, 12 Jun 2018 

June 12 (Reuters) - Bilfinger SE ::BILFINGER ALIGNS WITH STRONG PARTNERS FOR DIGITAL PROJECTS.STRATEGIC PARTNERSHIP WITH SOFTWARE AG.WILL BE WORKING TOGETHER MORE CLOSELY WITH SOFTWARE AG, MICROSOFT GERMANY AND SIEMENS AG.  Full Article

German stocks - Factors to watch on May 28

BERLIN/FRANKFURT, May 28The following are some of the factors that may move German stocks on Tuesday: