Software AG : FY 2022 guidance should be met, allaying investor concerns
>FY 2022 figures expected to meet company guidance - We expect Software AG’s preliminary Q4/FY 2022 results, due to be released on 1 February, to meet its FY 2022 guidance, thus allaying investor concerns. Thanks to a strong Q4, FY 2022 product revenue should come in at € 801m, reflecting growth of 17% (approx. 11% at constant currencies), at the upper end of the guided range (7%-11% cc). We now expect digital bookings to come in at € 543m (+34%). Adjusted for StreamS...Software is a holdinc company. Co. is engaged as a provider of process and integration software. Co.'s operates through three reporting lines: business process management or Business Process Excellence (BPE), data management or Enterprise Transaction Systems (ETS) and Consulting. The BPE segment consists of software products for integrated solutions in the field of Business Process Management for organizations of all industries and sizes. The ETS segment is engaged in providing database solutions for mainframes and the development of mainframe-based IT systems. The Consulting segment includes all consulting and services pertaining to the BPE, ETS and IDS Scheer Consulting business lines.
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.
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