Softing AG - Earnings Release 2017

News Details

Corporate | 7 March 2018 10:54

Softing AG: Preliminary figures

DGAP-News: Softing AG / Key word(s): Preliminary Results

07.03.2018 / 10:54

The issuer is solely responsible for the content of this announcement.

Softing finished the 2017 fiscal year with revenues of EUR 78.7 million (previous year: EUR 80.4 million).

The EBIT amounted to EUR 2.3 million (previous year EUR 7.2 million including a one-time effect of EUR 4.1 million).

Cash and cash equivalents amounted to EUR 10.3 million at year-end (previous year: EUR 10.9 million). Softing’s equity-to-assets ratio improved to 65% (previous year 57%).

Softing expects stable revenues and a significantly improved EBIT in fiscal year 2018. The Company will issue an initial guidance with the publication of final figures in its 2017 annual report.

The complete annual report for 2017 will be available at www.softing.com from March 29, 2018.

Contact:

Dr. Wolfgang Trier

CEO

07.03.2018 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

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Language:	English
Company:	Softing AG
	Richard-Reitzner-Allee 6
	85540 Haar
	Germany
Phone:	+49 (0)89 456 56-333
Fax:	+49 (0)89 456 56-399
E-mail:	[email protected]
Internet:	www.softing.com
ISIN:	DE0005178008
WKN:	517800
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange