- 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