Software AG’s Q3 results were broadly in line with our expectations. The transformation of the group continues with a transition to a subscription-based model. Overall, H2 seems to be developing positively compared to H1 and this can be seen in the group’s updated guidance for FY20. The targets for FY23 remain unchanged.
18 Nov 2020
No surprises here, transformation going well
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No surprises here, transformation going well
Software AG (SOW:WBO), 0 | Software AG (SOW:SWX), 0 | Software AG (SWDAF:OTC), 0 | Software AG (SOW:HAM), 0
- Published:
18 Nov 2020 -
Author:
Kulwinder Rajpal -
Pages:
2
Software AG’s Q3 results were broadly in line with our expectations. The transformation of the group continues with a transition to a subscription-based model. Overall, H2 seems to be developing positively compared to H1 and this can be seen in the group’s updated guidance for FY20. The targets for FY23 remain unchanged.