Nov 04, 2004 - Announcement
Generating revenue of DKK 118m and EBIT of DKK 8m, SimCorp continued the positive business performance in Q3. For the first nine months of 2004, revenue totalled DKK 375m and EBIT was DKK 36m, marking improvements of 17% and DKK 50m respectively on the year-earlier period. The Group projects a significant order intake in the fourth quarter and an order book standing at more than DKK 200m by the end of 2004. For 2004 overall, SimCorp expects revenue growth of 10% and upgrades the EBIT margin forecast from about 12% to about 15%.
