The Netherlands February 22, 2011
– Improved Operational Margin
– Cloud computing, Software as a Service (SaaS) and Subscription Based Pricing Increasingly Important
– Positive Outlook for 2011
UNIT4, the world’s leading provider of business software for fast changing organizations, today announced its annual results for 2010, citing a successful year despite challenging market conditions.
UNIT4 is well known for providing customers in the public and private sectors with solutions that reduce costs, improve control and enable them to manage rapid and continuous change without the typical costs associated with set-up and customization. This differentiation helped create opportunities for UNIT4 in 2010, particularly in the public sector, despite fears that government spending would come under pressure.
Edwin van Leeuwen
Q4 financial summary:
Germany United Kingdom North America Sweden Norway EUR 30.6 million $41.8m USD
Highlights for full year 2010: - Total 2010 revenues increased by 11.1% to EUR421.7 million ($576.4m USD) (2009: EUR379.4 million) ($518.6m USD) - License revenue grew by 23.4% to EUR72.7 million ($99.3m USD) (2009: EUR58.8 million) ($80.3m USD) - Total EBITDA improved by 14.6% to EUR86.1 million ($117.6m USD) (2009: EUR75.1 million) ($102.6m USD) - The total EBITDA margin grew to 20.4% (2009: 19.8%) - Net profit (before goodwill) improved by 23.5% to EUR43.2 million ($59.0m USD) (2009: EUR35.0 million) ($47.8m USD)
Spain Germany United Kingdom Spain
Asia Eastern Europe Hungary
Outlook for 2011
Chris Ouwinga Edwin Van Leeuwen 1000 CET 23 February 2011 http://www.unit4.com/Investors/financialinformation
North America Asia Pacific Africa EUR421.7 million the Netherlands http://www.unit4.com
Emma Hoyle, Group PR Manager UNIT4 Tel: +44(0)1423-537977 Email: [email protected] Twitter.com/UNIT4_Group