Today, SimCorp's Board of Directors reviewed and approved the Group's annual
report for 2009. Highlights of the report are: SimCorp posted EBIT of EUR 39.7m
(DKK 295m), an increase of 3%. The EBIT margin was unchanged at 22.0%. Revenue
was up 3% to EUR 180m (DKK 1.34bn). At the company's Annual General Meeting
SimCorp's Board of Directors will suggest that dividend of EUR 18.2m be paid to
the company's shareholders, corresponding to DKK 30.00 per share of DKK 10. In
addition, given there are no specific requirements for liquidity SimCorp
expects to buy back shares during 2010 for approximately EUR 10m.
The full annual report has been submitted to NASDAQ OMX Copenhagen A/S as an
electronic document. The annual report is also available for download from
SimCorp's website www.simcorp.com, as are selected statements from Q4 2009.
Investor meeting
SimCorp's Executive Management Board will present the annual report at an
investor meeting to be held on Thursday, 25 February 2010 at 9:00 a.m. at the
company's headquarters, Weidekampsgade 16, 2300 Copenhagen S. The meeting will
be open to the public. An electronic meeting facility has been set up through
webcast (http://webcast.zoomvision.se/denmark/clients/simcorp/100225/) where it
will be possible to ask questions online via e-mail.
The presentation will be available afterwards via SimCorp's website
www.simcorp.com.
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Enquiries regarding this announcement should be addressed to:
Peter L. Ravn, Chief Executive Officer, SimCorp A/S (+45 3544 8800, +45 4076
1841) or
Niels Beck, Senior Vice President, SimCorp A/S (+45 3544 8800, +45 2270 1433)
or
Thomas Bry, Senior Vice President, SimCorp A/S (+45 3544 8800, +45 2092 7454).
SimCorp A/S
