Software AG : Solid Q3 - resignation of CFO raises concerns
>Solid Q3 figures – CFO Matthias Heiden leaves Software AG - Software AG reported a set of solid Q3 figures, with Digital Business bookings and non-IFRS EBITA were ahead of our estimates and the consensus. As expected, the company also benefited from a significant FX tailwind (see next page for further details on Q3 results). However, the positive impression provided by the Q3 figures was put into perspective by the news that the group's CFO and board member, Matthias...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.