Simcorp earnings disappoint slightly

Software company Simcorp's final quarter revenue for 2019 was lower than in the same period of the previous year, and earnings painted a similar picture. This was revealed in the company's annual report, released on Wednesday morning.
Klaus Holse, CEO of Simcorp. | Photo: Foto: Lars Krabbe/Jyllands-Posten/Ritzau Scanpix
Klaus Holse, CEO of Simcorp. | Photo: Foto: Lars Krabbe/Jyllands-Posten/Ritzau Scanpix
RITZAU FINANS

The final quarter revenue totaled EUR 127.8 million in 2019 compared to EUR 129.1 million in 2018. Analysts had expected a revenue of EUR 127.2 million according to a median estimate calculated by Simcorp.

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