Ad hoc: Serviceware SE adapts result forecast for 2018/ 2019



21.11.2019 / 19:33 CET
Publication of an insider information in accordance with Article 17 of the regulation (EU) Nr. 596/2014

Serviceware SE adapts result forecast for 2018/ 2019

Serviceware SE ("Serviceware", WKN A2G8X3) adapts its result forecast for fiscal 2018/ 2019 (up to  30 November). The underlying reason is a changed revenue mix during the 4th quarter of the fiscal year during which more customers than expected have made use of SaaS offers of Serviceware instead of entering into licence agreements. As a result, Serviceware no longer assumes that during the full year the unadjusted EBIT can be moderately increased versus prior year. Serviceware rather anticipates for the full year now a moderately positive to moderately negative unadjusted EBIT. The EBIT adjusted for expenses under the programme for accelerated growth will be positive. The sales revenue forecast according to which the proceeds are to increase between 15 and 30 percent during the full year, remains unchanged.

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