SimCorp raises 2005 financial expectations

Source: SimCorp

Based on preliminary, not yet audited statements of the Group's activities in Q4 2005, SimCorp adjusts its expectations to the 2005 financial results.

The company expects the following financial highlights for the 2005 financial year:

  • Total revenue between EUR 100-103m, that is a growth of 22-25% compared to previously expected revenue growth of 15-20%
  • EBIT margin in the interval 20-22% compared to previously expected 15-20%
  • Total business growth (revenue growth and order book) of approximately 17%

The audited financial statements and the updated expectations for the 2006 financial year will be disclosed in the annual report for 2005, which is published 23 February 2006.

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