Nov 13, 2007 - Announcement
SimCorp recorded a very satisfactory performance in the first nine months of 2007. 9M revenue was up 33% to EUR 107.9m (excluding the impact of the divested IT2 business). 9M EBIT was EUR 23.3m, an improvement of EUR 7.2m. SimCorp upholds its full-year projections of revenue in the EUR 150-160m range with an EBIT margin of around 24%.
