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Software AG (SOWGn.DE)

SOWGn.DE on Xetra

40.33EUR
22 Oct 2018
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Latest Key Developments (Source: Significant Developments)

Software AG to launch strategy review, eyes M&A in data storage
Friday, 19 Oct 2018 04:06am EDT 

Oct 19 (Reuters) - Software AG ::NEW CEO SAYS LAUNCHES STRATEGY REVIEW, TO PRESENT RESULTS IN FEBRUARY.SOFTWARE AG CEO SAYS TO LOOK AT ACQUISITIONS, IN PARTICULAR IN DATA STORAGE, AS PART OF STRATEGY REVIEW.  Full Article

Software AG CFO: Can Easily Do Acquisitions And Share Buybacks
Wednesday, 18 Jul 2018 04:30am EDT 

July 18 (Reuters) - Software AG ::CFO SAYS WE CAN EASILY DO ACQUISITIONS AND SHARE BUYBACKS.  Full Article

Bilfinger Signs Strategic Partnership With Software AG
Tuesday, 12 Jun 2018 01:32am EDT 

June 12 (Reuters) - Bilfinger SE ::BILFINGER ALIGNS WITH STRONG PARTNERS FOR DIGITAL PROJECTS.STRATEGIC PARTNERSHIP WITH SOFTWARE AG.WILL BE WORKING TOGETHER MORE CLOSELY WITH SOFTWARE AG, MICROSOFT GERMANY AND SIEMENS AG.  Full Article

Software AG Says Some Slippage On DBP Deals In Q1
Monday, 16 Apr 2018 04:40am EDT 

April 16 (Reuters) - Software Ag SOWGN.DE::CHIEF COMMERCIAL OFFICER: SOME SLIPPAGE ON DBP DEALS IN Q1, BUT WE HAVE VERY GOOD VISIBILITY FOR NEXT TWO QUARTERS.  Full Article

Software AG CFO Says Sees Q2 Currency Headwind
Monday, 16 Apr 2018 04:24am EDT 

April 16 (Reuters) - Software Ag SOWGN.DE::CFO SAYS SEES Q2 CURRENCY HEADWIND OF AROUND 7 PERCENT, SIMILAR TO Q1.CFO SAYS SHIFTS FOCUS TO ANNUAL RECURRING REVENUE AS KEY PERFORMANCE METRIC.  Full Article

Software AG Says Raises 2018 Outlook For Its IoT & Cloud Business
Friday, 13 Apr 2018 05:04pm EDT 

April 13 (Reuters) - Software AG ::ADHOC: SOFTWARE AG PUBLISHES PRELIMINARY Q1 FINANCIAL RESULTS AND RAISES 2018 OUTLOOK FOR ITS IOT & CLOUD BUSINESS.2018 OUTLOOK FOR IOT & CLOUD REVENUE RAISED FROM 70 TO 100% GROWTH (EUR 25-30 MILLION) TO 100 TO 135% GROWTH (EUR 30-35 MILLION).2018 REVENUE OUTLOOK FOR DIGITAL BUSINESS PLATFORM, A&N, OPERATING MARGIN (NON-IFRS) AND EPS (NON-IFRS) OUTLOOK CONFIRMED.PRE-ANNOUNCED ITS FINANCIAL FIGURES (IFRS, PRELIMINARY) FOR Q1 OF 2018.ACCORDING TO RESULTS IOT & CLOUD REVENUE IN Q1 2018 INCREASED BY +124.6% AT CONSTANT CURRENCY FROM EUR3.0 MILLION TO EUR6.4 MILLION.FY2018 EARNINGS PER SHARE VIEW EUR 2.56, REVENUE VIEW EUR 897.4 MILLION -- THOMSON REUTERS I/B/E/S.DBP PRODUCT REVENUE DECREASED BY -5.4% AT CONSTANT CURRENCY (STATED -13.1%) FROM EUR102.9 MLN TO EUR89.4 MLN IN Q1 2018.  Full Article

Software AG Appoints Sanjay Brahmawar As New CEO
Wednesday, 31 Jan 2018 04:15pm EST 

Jan 31 (Reuters) - Software Ag ::DGAP-ADHOC: SOFTWARE AG: SANJAY BRAHMAWAR APPOINTED AS NEW CEO FOR A TERM OF FIVE YEARS EFFECTIVE AUGUST 1, 2018.‍APPOINT SANJAY BRAHMAWAR AS NEW CEO OF SOFTWARE AG FOR A FIVE YEAR TERM WITH EFFECT OF AUGUST 1, 2018​.BRAHMAWAR WILL SUCCEED KARL-HEINZ STREIBICH, WHOSE TERM WILL END ON JULY 31, 2018​.  Full Article

UPDATE 1-Germany's Software AG to consider M&A after strategy review

* New CEO eyes acquisitions in data storage (Recasts on CEO strategy review and M&A)