Summary
SimCorp signed two new Dimension contracts in the second quarter of the year.
Total order inflow in H1 2015 was EUR 31m, an increase of EUR 21.8m compared to last year.
Q2 2015 revenue was EUR 68.0m, a quarterly increase of 16% measured in EUR and 9% measured in local currencies. H1 2015 revenue was EUR 124.5m, an increase of 15% measured in EUR and 9% measured in local currencies compared with H1 2014.
EBIT for Q2 2015 was EUR 16.7m, compared with EUR 11.9m in Q2 2014, an increase of 40%. Currency exchange rate fluctuations have impacted EBIT positively by EUR 1.4m in the quarter. EBIT for H1 2015 was EUR 23.3m, compared with EUR 16.8m for H1 2014, an increase of 39%. Currency exchange rate fluctuations have impacted EBIT positively by EUR 2.1m in H1 2015.
Net profit for Q2 2015 was EUR 12,6m compared with EUR 9.1m in Q2 2014 and net profit was EUR 16.8m for H1 2015 compared with EUR 12.7m in H1 2014.
SimCorp updates its expectations for 2015 and now expects revenue growth measured in local currencies to be between 7% and 12%, and the EBIT margin measured in local currencies to be between 23.5% and 26.5%.
At 30 June 2015 EUR 226m of the projected 2015 revenue had been contractually secured, EUR 33m more than at the same point in time last year.
Klaus Holse, SimCorp CEO comments: ”With a record high Q2 order inflow we maintained momentum from the good start to the year realized in Q1. We continue to see solid demand for our solutions and services. Based on continued customer feedback related to our Front Office and IBOR offerings we are convinced that our continued investment into R&D has been and still is a true and substantial competitive differentiating factor for SimCorp.”
