After a decline in earnings last year, Software AG wants to grow again in its operating business. the adjusted operating margin (EBITA) is expected to improve to 20 to 22 percent, as the company announced on Thursday in Darmstadt. In the previous year it had fallen to 19.6 percent.
In the final quarter, sales, earnings and the operating margin fell again. The New business in the database division fell by almost 40 percent, and product sales also fell sharply by 22 percent. In contrast, the digital business saw double-digit growth in bookings and six percent in product sales. The bottom line remained for Software AG a profit of 34.8 million euros, 30 percent less than in the previous year.