• Strong new business in the first half of the year
  • 60 % growth in licenses and cloud uses

In the first half of 2019, EASY SOFTWARE AG achieved its forecast for 2019 with revenue growth of around 17% compared to the same period of the previous year.

At the same time, the company confirms its overall forecast for the 2019 financial year with revenue of EUR 51-53 million.

As can be seen from the financial statements for the first half of the year, the expectations of the Management Board regarding the implementation of the EASY 21 corporate strategy have been fulfilled. Around 9 percentage points of the 17 % increase in revenue from the first half of 2018 to the first half of 2019 are attributable to organic growth. The cloud business with the newly acquired Apinauten GmbH also developed in line with expectations. In this context, the strong increase in new business is remarkable. Revenues from licenses and cloud use (subscriptions) grew by around 60 % compared with the same period of the previous year.

“The acquisition of Apinauten is a success, the company is excellently integrated into our business,” says Dieter Weißhaar, CEO of EASY SOFTWARE AG. Weißhaar continues: “The EASY Group has positioned itself for growth with innovative products and a strong team. Our strategy has been well received by our customers. We are pleased to be able to expand our position as a market leader.”

EASY SOFTWARE AG

The Board of Directors

About EASY SOFTWARE
EASY SOFTWARE AG, with its headquarter in Mülheim an der Ruhr, Germany, is developing intuitive and customized software products and services for customers for the digitization of business processes for since 1990. These products can be seamlessly integrated into existing systems and automate, mobilize, and optimize their customers' workflows worldwide. EASY provides these solutions on-premises, in the cloud and mobile. With over 13,600 cross-industry installations, EASY SOFTWARE AG is one of the market leaders for software products and solutions in Germany. Since its foundation in 1990, the company has been active in 60 countries and currently has 393 employees. The EASY SOFTWARE has a network of around 100 partners. Its international subsidiaries are located in Europe, Asia and the USA. At the end of 2018, EASY SOFTWARE AG made the significant technology acquisition of Apinauten GmbH from Leipzig, which offers the multi-experience ApiOmat platform. It will provide access to new customer segments in the attractive and fast-growing cloud business. Following the merger of Apinauten GmbH with EASY ENTERPRISE SERVICES GmbH in August 2019, the ApiOmat platform operates under the EASY APIOMAT GmbH banner. In fiscal year 2019, the EASY SOFTWARE Group generated revenues of EUR 50.6 million.

That was EASY WORLD 2020
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