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Simcorp A/S (SIM.CO)

SIM.CO on Copenhagen Stock Exchange

321.50DKK
9 Dec 2016
Change (% chg)

kr.-1.50 (-0.46%)
Prev Close
kr.323.00
Open
kr.325.00
Day's High
kr.325.00
Day's Low
kr.319.00
Volume
69,488
Avg. Vol
59,863
52-wk High
kr.396.50
52-wk Low
kr.263.90

Latest Key Developments (Source: Significant Developments)

SimCorp signs license agreement with Franklin Templeton
Monday, 26 Sep 2016 01:31am EDT 

SimCorp A/S : Said on Saturday had signed a license agreement with Franklin Templeton Companies, LLC, a subsidiary of Franklin Resources, Inc. .Franklin Templeton has selected SimCorp Dimension to support the firm's back office and investment accounting operations.  Full Article

SimCorp updates expectations for the year
Monday, 26 Sep 2016 01:24am EDT 

Simcorp A/S : Said on Saturday updated its 2016 expectations for revenue growth measured in local currencies to be between 5% and 10% (previously between 3% and 8%) . Updates its 2016 expectations for growth in adjusted non-GAAP revenue measured in local currencies to be between 10% and 15% (previously between 8% and 15%) . Updates 2016 EBIT margin expectation measured in local currencies - now seen at between 22% and 24% (previously between 21% and 24%) .The 2016 expectation for adjusted non-GAAP EBIT margin measured in local currencies is maintained between 24% and 28%.  Full Article

Simcorp Q2 EBIT falls to EUR 13.7 million
Friday, 26 Aug 2016 02:00am EDT 

Simcorp A/S : H1 2016 reported revenue 128.1 million euros ($145 million), an increase of 2.9 pct and an increase of 5.1 pct when measured in local currencies compared with H1 2015 . Q2 order intake was 13.9 million euros compared with 17.9 million euros in Q2 2015 . Q2 EBIT was 13.7 million euros compared with 16.7 million euros in Q2 last year .Simcorp maintains its expectations for reported revenue growth and EBIT margin measured in local currency for 2016.  Full Article

Simcorp: Belfius selects SimCorp Dimension for front and middle office
Monday, 22 Aug 2016 02:59am EDT 

Simcorp A/S : Belfius has selected SimCorp Dimension to support its front and middle office activities .Has signed a license agreement with Belfius, a banking and insurance group fully owned by Belgian federal state.  Full Article

Simcorp signs deal with London-based Marathon Asset Management
Thursday, 14 Jul 2016 08:59am EDT 

Simcorp A/S : Marathon Asset Management LLP (Marathon) chooses SimCorp Coric to enhance client reporting capabilities .Marathon will deploy SimCorp Coric as an on-premise solution, which will be delivered in two iterations, with project commencing in June 2016.  Full Article

Simcorp selected by Exane
Wednesday, 22 Jun 2016 03:04am EDT 

Simcorp A/S : SimCorp announced that Exane has selected SimCorp Dimension to support its middle and back-office operations for listed and OTC derivatives .First phase of project will start in June 2016, is expected to be extended to other business lines in future.  Full Article

SimCorp signs license agreement with Middle East government owned investment fund
Tuesday, 24 May 2016 10:25am EDT 

Simcorp A/S : Middle East government owned investment fund extends use of SimCorp Dimension .Says has signed a large additional perpetual license agreement with a Middle East government owned investment fund.  Full Article

Simcorp: CFO sold Simcorp shares valued at about DKK 2.9 million
Tuesday, 10 May 2016 07:26am EDT 

Simcorp A/S :CFO, Thomas Johansen, sold on May 10 total of 10,000 Simcorp shares valued at about 2.9 million Danish crowns ($443,371).  Full Article

Simcorp Q1 EBIT down at EUR 5.9 million
Tuesday, 10 May 2016 02:10am EDT 

Simcorp A/S : Q1 EBIT 5.9 million euros versus 6.6 million euros year ago . Q1 revenue 59.6 million euros versus 56.5 million euros year ago .Maintains its expectations for reported revenue growth and ebit margin measured in local currency for 2016.  Full Article

Simcorp starts a share buyback program
Tuesday, 10 May 2016 02:02am EDT 

Simcorp A/S : Initiates a new share buyback program . Total purchases of own shares will be limited to a total market value of 40.0 million euros ($45.5 million) . Maximum number of shares that can be bought is 1,250,000 shares of 1 Danish crown each .Execution of buyback will take place from May 10 2016 to Feb. 20 2017.  Full Article

BRIEF-Simcorp partners with Cassini Systems

* Partners with Cassini systems to enhance its front office offering