Software AG: Software AG bookings growth beats guidance; driven by accelerating subscription shift
Darmstadt (pta006/27.01.2021/01:42) - Software AG bookings growth beats guidance; driven by accelerating subscription shift
- Bookings growth of 31 percent fourth quarter and 24 percent full year 2020 driven by transformation success -
- Group maintains commitment to stated mid-term 2023 ambitions -
Darmstadt, Germany - January 27, 2021: Software AG (Frankfurt MDAX®: SOW) today announces financial results for the fourth quarter and full year 2020 and issues guidance for the 2021 financial year. Our strong fourth quarter results capped off an outstanding year delivered despite major challenges. Our transformation is forging ahead, with our focused product set and enhanced execution capability driving our subscription shift beyond our original plan and helping us win against competition. In 2021 we plan to accelerate our transformation and push for continued growth. I m extremely