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Software AG says no update on 2018 targets before next year
July 15, 2014 / 8:36 AM / in 3 years

Software AG says no update on 2018 targets before next year

FRANKFURT, July 15 (Reuters) - Software AG’s Chief Executive Karl-Heinz Streibich said the German business software maker would not publish a revision of its 2018 targets before next year.

“This is not a full confirmation of our 2018 targets. We did not have the time to analyse the next four years yet,” he told a conference call on Tuesday.

The company earlier cut its 2014 outlook for sales growth at its biggest business, citing significant delays to major projects. (Reporting by Ludwig Burger; Editing by Maria Sheahan)

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