• 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

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About EASY SOFTWARE
For 30 years, EASY SOFTWARE AG, headquartered in Mülheim an der Ruhr, Germany, has been developing intuitive, customised software products for customers to digitise business processes, which can be seamlessly integrated into existing systems and automate, mobilise and optimise workflows of its customers worldwide. EASY provides these solutions on-premises, in the cloud and mobile.With more than 13,600 cross-industry installations, EASY SOFTWARE is one of the market leaders for software products and software solutions in Germany. Since its founding in 1990, the company has been active in 60 countries and currently employs almost 400 people. EASY SOFTWARE has a network of around 100 partners. Its international subsidiaries are located in Europe, Asia and the USA.With the acquisition of Apinauten GmbH from Leipzig, EASY SOFTWARE AG made a technology acquisition with the multi-experience platform ApiOmat at the end of 2018, which provides access to new customer segments in the attractive and strongly growing cloud business.Since the merger of Apinauten GmbH with EASY ENTERPRISE SERVICES GmbH in August 2019, the ApiOmat platform has been under the banner EASY APIOMAT GmbH.In the 2020 financial year, the EASY SOFTWARE Group achieved sales revenues of EUR 49.2 million.Translated with www.DeepL.com/Translator (free version)
EASY SOFTWARE
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