SimCorp reports solid nine-months

Source: SimCorp

The development in the first nine months of the year has been very satisfactory. Revenue for the period was up 29% to EUR 85.8m, and EBIT was EUR 16.9m, an improvement of EUR 9.0m. SimCorp increase the 2006 revenue forecast to EUR 125-130m with an EBIT margin of at least 23%.

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