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Software AG

ots Ad hoc-Service: Software AG <DE0007242604>

Darmstadt (ots Ad hoc-Service) -

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Software AG starts with solid growth in fiscal year 2000 profit
before tax more than doubles in the first quarter Operating income
increases 27% Revenue grows more than 17 % Software AG has had a very
positive start in fiscal year 2000. Revenue climbed to Euro 94.5 m
from Euro 80.5 m in the first quarter of the previous year, which
lead to a growth rate of more than 17%. This also marks an
accelerated growth  compared to the 1999 full year growth rate of 14
%. Major contributors to the growth in the first quarter were license
 revenue, which surged 18% to Euro 28.1 m (previous year Euro 23.8 m)
as well as Professional Services revenue, which rose 25% to Euro 36.6
m (previous year Euro 29.3 m). The operating result before tax
exceeded expectations with a 27% rise to Euro 13.8 m (previous year
Euro 10.9 m). Because of income generated from the sale of holdings
in other companies, the reported profit before tax increased 112% to 
Euro 23.1 m (previous year Euro 10.9 m). More details regarding
Software AG's strong first quarter results will be announced on April
26, 2000 as scheduled.
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