• Sales increase by 17% to EUR 36.7 million in the first three quarters
  • Cloud and consulting businesses grow significantly
  • Full-year forecast confirmed

EASY SOFTWARE AG continues to grow: In the first three quarters of 2019, the company was able to increase its cumulative revenue by 17 percent year-on-year to EUR 36.7 million in line with the forecast. In particular, a tripling of revenue in the cloud business contributed to this. In addition to organic growth, this can be attributed to new customer business from the ApiOmat multi-experience platform. With the acquisition of Apinauten GmbH from Leipzig, which was merged with the subsidiary EASY ENTERPRISE SERVICES GmbH in 2019, the resulting EASY APIOMAT GmbH was able to gain new relevant customers.

In the consulting area, the company also grew significantly in the first three quarters, in line with expectations, by 23 percent. There, EASY SOFTWARE is currently operating at full capacity in key areas. “In particular, the hiring of new employees will become a critical success factor here in the future in order to continue to do justice to incoming orders. The EASY team must be decisively expanded with qualified specialists,” explains Dieter Weißhaar, CEO of EASY SOFTWARE AG.

EASY SOFTWARE is currently on schedule with regard to the full-year forecast. “We are confident that we can achieve our ambitious goals for 2019,” says Dieter Weißhaar.

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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.
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