Earnings Release • Jun 1, 2007
Earnings Release
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News Details
Ad-hoc | 1 June 2007 08:14
Software AG: Software AG Increases Revenue and Earnings per Share Forecast for 2007 Following the Acquisition of webMethods
Software AG / Acquisition/Acquisition
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
Darmstadt, Germany – June 1, 2007 – Software AG (TecDAX, ISIN DE 0003304002
/ SOW), today announced that it has successfully completed its tender offer
for webMethods, Inc. (NASDAQ: WEBM). The subsequent offering period for
the offer expired at 12:00 midnight, New York City time, on Thursday May
31, 2007.
Software AG also announced that it expects the closing of the second and
final step of its acquisition of webMethods will occur later today. After
the closing, webMethods will be a wholly-owned indirect subsidiary of
Software AG.
As a consequence of the fast closing of the acquisition the fast
acquisition of the entire company the Executive Board has revised the
forecast for the financial year 2007. The new guidance now envisions an
increase in revenue (net of currency effects) of 30 to 35% (previously 14%)
and earnings per share between EUR 3.10 and 3.25 (previously between EUR
3.00 and 3.20). Despite the acquisition related cost the company expects to
achieve an EBIT margin of 22% (previously 24%).
Information and Explaination of the Issuer to this News:
International Conference Call/Webcast Information (in englischer Sprache)
There will be an analyst and investor conference call conducted by both
management teams to discuss today at 15:00 a.m. CEST/ 9 a.m. EST. This call
is open to journalists. To participate in the conference call, US callers
can dial +1(888) 457-4228 877, callers from Great Britain dial +44(800)
358-0886 and for caller from Germany please dial +49(800) 101-2072. A live
web cast of the conference call will also be available at
www.softwareag.com for those unable to attend the live session.
Contact for Software AG:
Otmar F. Winzig
Vice President Investor Relations
[email protected]
Phone +49 (0) 6151 92-1699
Fax +49 (0) 6151 92-1191
Norbert Eder
Vice President Corporation Communications
[email protected]
Phone +49 (0) 6151 92-1146
Fax +49 (0) 6151 92-1444
Language: English
Issuer: Software AG
Uhlandstraße 12
64297 Darmstadt Deutschland
Phone: +49 (0)6151 92-1938
Fax: +49 (0)6151 92-1933
E-mail: [email protected]
www: www.softwareag.com
ISIN: DE0003304002
WKN: 330400
Indices: TecDAX
Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in
Berlin-Bremen, Düsseldorf, Hamburg, München, Stuttgart
End of News DGAP News-Service
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