SimCorp upgrades financial guidance for 2019*
Inside information, Company announcement no. 39/2019 Based on the current business environment, the results for H1 2019, the performance so far in Q3 2019, and the pipeline for the remainder of 2019, SimCorp upgrades its expectations announced on June 6, 2019. SimCorp now expects revenue growth measured in local currencies for 2019 to be between 12% and 17% (previously 10%-15%), of which approximately 2% is related to the acquisition of AIM Software, and EBIT margin measured in local currencies for 2019 to be between 25.0% and 28.0% (previously 24.5%-27.5%), including a 1%-point