Software AG (SOWGn.DE)

Wed, Jul 18 2018

UPDATE 1-Software AG Q2 sales in line, slight beat on profit

* Confirms full-year guidance (Adds detail on divisions, outlook)

Software AG Q2 sales in line, slight beat on profits

FRANKFURT, July 18 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.

Software AG confident of sales prospects after Q1 slippage on licences

FRANKFURT, April 16 Germany's Software AG 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.

BRIEF-Software AG Says Some Slippage On DBP Deals In Q1

* 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)

BRIEF-Software AG CFO Says Sees Q2 Currency Headwind

* CFO SAYS SEES Q2 CURRENCY HEADWIND OF AROUND 7 PERCENT, SIMILAR TO Q1

Software AG raises FY industrial internet sales outlook

BERLIN, April 14 Germany's Software AG has raised its outlook for sales from industrial internet business after the division's sales doubled in the first quarter.