SimCorp reports revenue growth of 6.9% and EBIT margin of 21.8% in Q1 2021
Company Announcement no. 21/2021Q1 2021 highlights: · Reported revenue was EUR 110.0m, an increase of 6.9% when compared with Q1 2020, and an organic increase of 9.4% when measured in local currencies. · EBIT was EUR 23.9m compared with EUR 17.5m in Q1 2020. · EBIT margin was 21.8% compared with 17.0% in Q1 2020. The EBIT margin measured in local currencies was 22.5%. · Net profit was EUR 20.2m compared with EUR 13.4m in Q1 2020. · Total order intake from initial and additional licenses of EUR 12.6m was as expected lower than the EUR 19.9m signed in the same period last