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