The company reported first quarter results. Revenues declined marginally by 0.1% to €205.9m. Total licence revenues dropped 21.7% to €46.3m, maintenance revenues increased 8.4% to €107.2m and service revenues grew by 8.7% to €52.1m. The gross margin increased from 72.8% to 73.3%. Real EBIT, however, dropped 19.1% to €39.6m and the EBIT margin declined from 21.3% to 19.2%. The non-IFRS EBITA margin, according to the company, declined from 28.7% to 27.4%. Based on real
24 Apr 2017
Strong licence growth in DBP
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Strong licence growth in DBP
The company reported first quarter results. Revenues declined marginally by 0.1% to €205.9m. Total licence revenues dropped 21.7% to €46.3m, maintenance revenues increased 8.4% to €107.2m and service revenues grew by 8.7% to €52.1m. The gross margin increased from 72.8% to 73.3%. Real EBIT, however, dropped 19.1% to €39.6m and the EBIT margin declined from 21.3% to 19.2%. The non-IFRS EBITA margin, according to the company, declined from 28.7% to 27.4%. Based on real