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.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
!
!
Must contain at least 6 characters
!
Must contain at least 2 characters
!
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

!
Newsletter terms

Front page now

Further reading

The environmental, social and governance ratings of exchange-traded funds are set to be downgraded by index provider MSCI. | Foto: Delcia Lopez/AP/Ritzau Scanpix

Hundreds of funds set to lose ESG rating