SimCorp posts Q1 results

Source: SimCorp

SimCorp's business performed satisfactorily in the first three months of the year. Q1 revenue was up by 4% compared with the year-earlier period to EUR 38.4m. EBIT for the three-month period was EUR 3.1m. SimCorp upholds its projections for 2009 of revenue growth of around 10% and an EBIT margin above 20%.

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