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Simcorp A/S (SIM.CO)

SIM.CO on Copenhagen Stock Exchange

384.00DKK
10:59am EST
Change (% chg)

kr.4.00 (+1.05%)
Prev Close
kr.380.00
Open
kr.379.90
Day's High
kr.385.80
Day's Low
kr.379.40
Volume
90,462
Avg. Vol
80,023
52-wk High
kr.448.50
52-wk Low
kr.310.20

Latest Key Developments (Source: Significant Developments)

SimCorp buys Italian software company APL Italiana
Thursday, 29 Jun 2017 07:04am EDT 

June 29 (Reuters) - SIMCORP A/S :SIMCORP ACQUIRES ITALIAN SOFTWARE COMPANY APL ITALIANA S.P.A..‍TO ACQUIRE ALL SHARES IN APL ITALIANA S.P.A. (APL ITALIANA) FOR A TOTAL ENTERPRISE VALUE OF EUR 35M.​.‍PURCHASING PRICE WILL BE ADJUSTED UPWARDS WITH ESTIMATED EUR 3M UPON CLOSING OF AGREEMENT.​.SIMCORP EXPECTS ACQUISITION TO INCREASE ITS REVENUE BY 2% AND HAVE NO MATERIAL IMPACT ON EBIT MARGIN IN 2017.ACQUISITION WILL BE EFFECTIVE ON 1 JULY, 2017, AND CLOSING OF AGREEMENT IS PLANNED TO BE 1 AUGUST, 2017.  Full Article

Simcorp Q1 EBIT EUR 10.2 million, slightly below expectations
Wednesday, 17 May 2017 02:04am EDT 

May 17 (Reuters) - SIMCORP A/S :Q1 TOTAL REVENUE EUR 73.1 MILLION (REUTERS POLL EUR 69.2 MILLION).Q1 EBIT EUR 10.2 MILLION (REUTERS POLL EUR 10.5 MILLION).MAINTAINS ITS EXPECTATIONS FOR REVENUE GROWTH AND EBIT MARGIN MEASURED IN LOCAL CURRENCIES FOR 2017.  Full Article

VidaCaixa Selects SimCorp Dimension for front and middle office operations
Tuesday, 4 Apr 2017 03:00am EDT 

SIMCORP A/S : VIDACAIXA SELECTS SIMCORP DIMENSION FOR FRONT AND MIDDLE OFFICE OPERATIONS .VIDACAIXA HAS SELECTED SIMCORP DIMENSION AS ITS NEW FRONT AND MIDDLE OFFICE PLATFORM.  Full Article

Simcorp appoints Michael Rosenvold new CFO
Thursday, 30 Mar 2017 02:11am EDT 

Simcorp A/S : SIMCORP APPOINTS NEW CFO . SIMCORP APPOINTS NEW CFO . SIMCORP ANNOUNCES THAT IT HAS APPOINTED MICHAEL ROSENVOLD, 49, AS NEW CHIEF FINANCIAL OFFICER (CFO) . ROSENVOLD JOINS SIMCORP'S EXECUTIVE MANAGEMENT BOARD AND WILL BE RESPONSIBLE FOR LEADING COMPANY'S GLOBAL FINANCE, IT, LEGAL, INVESTOR RELATIONS AND PROCUREMENT TEAMS . MICHAEL ROSENVOLD WILL STEP INTO HIS NEW POSITION NO LATER THAN OCTOBER 1, 2017 .SIMCORP'S CURRENT, INTERIM CFO, SØREN STRØM, WILL REMAIN IN HIS POSITION AT LEAST UNTIL MICHAEL ROSENVOLD HAS JOINED.  Full Article

SimCorp starts new share buyback program
Monday, 27 Feb 2017 03:59am EST 

SimCorp A/S : Says has initiated share buyback program for up to 17.5 million euros ($18.52 million), to be executed during period from Feb. 27 to Aug. 23 .Maximum number of shares that can be bought is 700,000 shares of 1 crown each.  Full Article

Simcorp Q4 EBIT EUR 30.3 mln, below expectations
Friday, 24 Feb 2017 01:59am EST 

Simcorp A/S : Q4 order inflow was 40.7 mln euros compared with 21.9 mln euros in Q4 2015 . Long-term target remains to generate double-digit revenue growth rates and to expand margins year on year . Q4 EBIT 30.3 million euros (Reuters poll 31.7 million euros) . To propose dividend of 33.3 mln euros be paid to the company’s shareholders, corresponding to 6.25 Danish crowns per share of 1 crown, an increase of 19 pct compared with 2015 . In 2016, revenue grew 6.5 pct to 295.9 mln euros .Q4 total revenue 93.7 million euros (Reuters poll 91.5 million euros).  Full Article

SimCorp to automate client communications for Vontobel Asset Management
Tuesday, 31 Jan 2017 02:59am EST 

Simcorp A/S :Swiss-based investment firm, Vontobel Asset Management, selects SimCorp Coric to automate client communications and fund reporting processes.  Full Article

SimCorp signs perpetual license agreement with Generali
Tuesday, 27 Dec 2016 04:08am EST 

SimCorp A/S : Said on Friday, Generali selected SimCorp Dimension as its new front-to-back investment management platform .Signed perpetual license agreement with Generali for its asset management company, Generali Investments, plus its insurance companies in Italy and France to use SimCorp Dimension as their new enterprise investment management solution.  Full Article

Simcorp: SEB selects Simcorp Dimension as its back office solution
Friday, 23 Dec 2016 03:01am EST 

Simcorp A/S :Swedish financial services firm SEB Selects Simcorp Dimension as its new back office solution.  Full Article

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

BRIEF-Simcorp Q3 EBIT above expectations at EUR ‍​19.6 mln

* SIMCORP GROWS REVENUE BY 10% IN THE FIRST NINE MONTHS OF 2017 AND ADDS THREE NEW CLIENTS IN Q3