SimCorp grows revenue by 12.9% in H1 2017 driven by a strong performance in Professional Services
Summary H1 2017 reported revenue was EUR 148.2m, an increase of 12.9% when compared with restated H1 2016*, and an increase of 12.8% when measured in local currencies. EBIT for H1 2017 was EUR 23.4m compared with EUR 22.6m in restated H1 2016. Currency fluctuations impacted EBIT positively by EUR 1.2m during first half year. Net profit for H1 2017 was EUR 16.9m compared with EUR 16.9m in restated H1 2016. At 30 June 2017, EUR 268m of the 2017 revenue had been contractually secured, EUR 33m more than at the same time last year. SimCorp maintains its expectations for reported