Darmstadt (pta/31.01.2023/19:30 UTC+1)
The Management Board of Software AG (MDAX®, ISIN DE000A2GS401 / SOW) announces the guidance for the fiscal year 2023 following the finalization of its operating plan for 2023 and its subsequent approval by the Supervisory Board of Software AG.
Based on the Company's operating plan for 2023, Software AG's Management Board provides the following outlook, including StreamSets, (at constant currency):
The vast majority of bookings now come from subscription and Software-as-a-Service (SaaS) licenses and contribute directly to ARR. Therefore, bookings as a guidance metrics have been replaced by ARR which is a more accurate reflection of the future cash flow.
The 2023 operating profit margin guidance reflects a positive impact from revenue growth and a cost efficiency program as well as a temporary negative impact from cost increases and strategic decisions related to Cloud and A&N subscription.
Darmstadt, January 31, 2023
The Management Board
Person making the notification:
Director, Investor Relations
T: +49 6151 92-1040
|Contact Person:||Investor Relations|
|Phone:||+49 615192 1900|
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