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

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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Simcorp CEO: Order expectations were met in 2019, despite weaker activity in the US

Simcorp releases quarterly report on Wednesday: will focus on additional sales to existing customers

Simcorp enters strategic partnership with Edmond de Rothschild

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Front page now

Akademiker Pension increases focus on biodiversity

Goldman raises USD 14bn for private equity secondaries fund

Only one Nordic fund market increased its AUM in August

Alecta’s CEO rejects controversial Heimstaden investment

Global equities are boosting Danish pension funds

Operational landscape increases popularity of private credit, Finnish manager says

AMF appoints new manager for Swedish equities

Swedish FSA reprimands troubled pension giant

EM manager bets on polluting giant for his sustainable fund: "It sticks out like a sore thumb"

Critics lambast Alecta for secrecy and "incompetence" in major real estate investment

Asset managers rebuffed as EU cracks down on use of ‘ESG’

ATP on admitting billionaire investors into new venture: Our strategy remains unchanged

Further reading

Only one Nordic fund market increased its AUM in August

Alecta’s CEO rejects controversial Heimstaden investment

Global equities are boosting Danish pension funds

AMF appoints new manager for Swedish equities

Operational landscape increases popularity of private credit, Finnish manager says

Swedish FSA reprimands troubled pension giant

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