Ad hoc report pursuant to Clause 17 of the German Market Abuse Regulation – Earnings forecast for the 2018 financial year abandoned

Mülheim an der Ruhr, January 7, 2019.

In the course of preparing the annual financial statements, it became apparent that the results of EASY SOFTWARE AG and the Group, in addition to expected one-off costs, will be significantly impacted by additional one-off cost effects, which are largely attributable to other periods and caused by the acquisition of Apinauten GmbH. On the basis of previous findings, the Management Board anticipates additional one-off cost effects totaling around EUR 1.0 million. These will lead to the fact that the forecast Group EBITDA of EUR 0.4 million to EUR 1.0 million will most likely be significantly missed. The Management Board is therefore withdrawing its earnings forecast for the 2018 financial year. A revised forecast is currently not possible with sufficient certainty, as the company has not yet completed the closing entries.

The revenue expectations of EUR 45.0 million to EUR 47.0 million are maintained.

The Board of Directors

related articles

The Most Important Requirements for Verifying Invoices Correctly – Including a Checklist 

Paying invoices is one of the routine tasks of every accounts payable department. It’s essential that every incoming invoice is verified for accuracy before the payment order is sent. The optimization potential for your company is correspondingly great in this area! If you approach the incoming invoice workflow in a systematic or perhaps even automated manner, you’ll save both time and money while also increasing transparency.


A brief introduction to electronic invoices: What you need to know today 

In the past few years, a lot has changed in invoicing as well as in invoice receipt. More and more companies are turning to electronic invoices instead of sending traditional paper invoices. But what exactly is an e-invoice and how does it differ from a classic digital invoice?


Document Archiving: An Essential Building Block for Digitalizing Business Processes

It takes an archive to form the foundation for digitized, document-intensive business processes. Once established, the archive turns into a company-wide knowledge hub and simplifies location-independent collaboration, making it more flexible and easier to manage.