SimCorp’s business performed satisfactorily in the first six months of the year. Revenue for H1 2011 amounted to EUR 88.6m, 4% higher than in the same period of last year. EBIT for the six-month period was EUR 15.3m, up EUR 9.4m compared with the year-earlier period. Revenue secured by contract for 2011 is 9% higher than at the same time last year. SimCorp upholds its projections for 2011 of revenue growth measured in local currencies of at least 5% and an EBIT margin of at least 20%.