SimCorp reports revenue growth of 11% and EBIT margin of 26.5% in Q1 2019
Company announcement no. 18/2019 Q1 2019 highlights: · Q1 2019 reported revenue was EUR 99.7m, an increase of 11.0% when compared with Q1 2018, and an increase of 9.1% when measured in local currencies. · EBIT was EUR 26.4m compared with EUR 23.3m in Q1 2018. Currency fluctuations impacted EBIT positively by EUR 0.9m. · EBIT margin was 26.5% compared with 26.0% in Q1 2018. Measured in local currencies, the EBIT margin was 26.1%. · Net profit was EUR 19.6m compared with EUR 16.3m in Q1 2018. · Total order intake from new and add-on licenses was EUR 21.4m, an increase