Feb 24, 2010
Today, SimCorp’s Board of Directors reviewed and approved the Group’s annual report for 2009. Highlights of the report are: SimCorp posted EBIT of EUR 39.7m (DKK 295m), an increase of 3%. The EBIT margin was unchanged at 22.0%. Revenue was up 3% to EUR 180m (DKK 1.34bn). At the company’s Annual General Meeting SimCorp’s Board of Directors will suggest that dividend of EUR 18.2m be paid to the company’s shareholders, corresponding to DKK 30.00 per share of DKK 10. In addition, given there are no specific requirements for liquidity SimCorp expects to buy back shares during 2010 for approximately EUR 10m.
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