SimCorp reports revenue growth of 8.5% and EBIT margin of 23.2% in 9M 2021
Company Announcement no. 51/2021Q3 2021 highlights: · Reported revenue was EUR 107.3m, an increase of 7.1% when compared with Q3 2020. Measured in local currencies, organic revenue increased by 5.9% when compared with Q3 2020. · EBIT was EUR 24.2m and EBIT margin was 22.6% compared with EBIT of EUR 22.4m and EBIT margin of 22.3% in Q3 2020. · In Q3 2021, two significant transformational SimCorp Dimension license deals were signed with existing clients. The two deals included conversions from perpetual to subscription-based licenses. · Order intake was EUR 27.8m, an increase of