Nov 19, 2009 - Announcement
In the light of the general economic uncertainty, SimCorp’s business performed satisfactorily in the first nine months of the year. 9M revenue was up 5% over the year-earlier period to EUR 123.5m, and 9M EBIT was EUR 18.6m, an improvement of 9%. SimCorp adjusts and specifies its projections for 2009. Revenue is expected to be around EUR 180m with an EBIT margin of approximately 22%.
