Report
Software AG : +++ Strong Q3 results due to i/ successful Digital expansion, ii/ again better than expected AN segment contributions, and iii/ further group margin expansion above consensus and our estimates +++
>Group licenses sales up 29% yoy cc - Software AG (SOW) reported a strong set of preliminary Q3 figures roughly in line with our estimates and beating consensus on all group top- and bottom-line metrics. FX headwind of -2% remains a hampering factor. In constant currencies, the top line performances of SOW’s business segments look quite convincing. Total group license revenue was up +29%. Digital Business Platform (excl. Cloud & IoT): product revenue rose +8%, license...
Underlying
Software AG
Provider
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.
Ahmed Ouni
Other Reports on these Companies
Other Reports from Oddo BHF
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.