Tous Actualités
Suivre
Abonner Software AG

Software AG

EANS-News: Software AG
Software AG plans to increase its dividend to EUR1.15 per share

Darmstadt (euro adhoc) -

  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
Dividend Announcements/Distribution
Darmstadt, Germany, March 17 2009 - Software
AG´s executive board and supervisory board will recommend a 2009 
dividend payment of EUR1.15 (previous year: EUR1.10) per share at the
Annual Shareholders´ Meeting on May 21, 2010. This will result in 
total dividends of EUR32.6 million (2008: EUR31.5 million).
For fiscal year 2009, Software AG reported increased revenue of 18 
percent, earnings up by 22 percent and a free cash flow increase of 
41 percent. This strong growth in net income as well as cash flow has
allowed the company to again increase its dividend, simultaneously 
reducing its net debt position, predominantly resulting from its 
acquisition of IDS Scheer in 2009.  Software AG plans to repay 
liabilities from operating cash flow by 2013.
"Reducing net debt will allow us to take advantage of further 
consolidation in the software industry", said CEO Karl-Heinz 
Streibich.  "We have set ourselves the goal of market leadership in 
Business Process Excellence and we need to be able to react quickly 
to acquisition opportunities."
Software AG is forecasting for fiscal year 2010, at constant currency
rates, total revenue growth of 25 to 30 percent with product revenue 
growth of 12 to 15 percent. The company also forecasts growth in net 
income of 8 to 12 percent.
According to CFO Arnd Zinnhardt, "We believe that this dividend 
strikes the right balance between rewarding shareholders, in line 
with the record results achieved in 2009, and the necessity of 
reducing net debt, therefore keeping our options open regarding 
further business development."
end of announcement                               euro adhoc

Further inquiry note:

Otmar F. Winzig
VP Investor Relations & Compliance
Tel.: +49 (0) 6151 92-1669
E-Mail: otmar.winzig@softwareag.com

Branche: Software
ISIN: DE0003304002
WKN: 330400
Index: TecDAX, CDAX, HDAX, Prime All Share, Technology All Share
Börsen: Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
Hannover / free trade
Frankfurt / official dealing

Plus de actualités: Software AG
Plus de actualités: Software AG
  • 23.09.2009 – 13:02

    EANS-News: Software AG / Software AG has already acquired more than 75% of IDS Scheer AG

    Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. Mergers - Acquisitions - Takeovers Darmstadt (euro adhoc) - Software AG has already acquired more than 75% of IDS Scheer AG • The acquisition process is on track • An additional Offer Period of two weeks is expected to ...

  • 14.07.2009 – 07:07

    EANS-News: Software AG announces IDS Scheer AG takeover offer

    Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. merger, acquisition and takeover Darmstadt (euro adhoc) - - The merger will establish a new global player in infrastructure software and Business Process Management (BPM) - Software AG will make a cash offer for all outstanding shares of EUR15 per share - IDS Scheer founder Prof. Dr. Dr. ...