Report
Ahmed Ouni

Software AG : Strong set of Q2 results supported by exceptional license growth

>Best Q2 group license performance in 4 years - Software AG (SOW) reported a strong set of preliminary Q2 results. Although Digital Business Platform (DBP) and Cloud IoT revenues came in slightly below expectations (by €1-2m), due to strong FX headwinds of 4-5%, all group KPIs were convincing on a constant-currency (cc). Total Q2 group license revenue was up +17% yoy – the best Q2 group license performance in the last 4 years. DBP (excl. Cloud & IoT): product revenue ...
Underlying
ATOSS Software AG

Atoss Software is the parent company of the ATOSS Group. Through ATOSS Group, Co. is engaged in the creation, sale and implementation of software solutions directed towards the deployment of personnel and workforce management. As a provider of solutions for issues of time and attendance management and workforce scheduling, Co.'s software solutions are comprised of software licenses, maintenance services, consulting services and the supply of hardware for time recording and access control purposes, which are provided to customers as packages. Co.'s individual software solutions are comprised of ATOSS Staff Efficiency Suite, ATOSS Startup Edition, and ATOSS Time Control.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Ahmed Ouni

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