Result Center

Digital Business momentum continues with year-on-year annual recurring revenue (ARR) growth of 21 percent, product revenue growth of 9 percent or 8 at constant currency, and thereof Software-as-a-Service (SaaS) revenue growth of 66 percent or 64 percent at constant currency.
Adabas & Natural (A&N) subscription shift continues with ARR reaching an increase of 5 percent or 7 percent at constant currency.
Group product revenue up 2 percent year-on-year or 1 percent at constant currency, in line with expectations.
Operating margin (EBITA, non-IFRS) developed as planned and stood at 11.2 percent.
2023 full-year guidance reconfirmed

Q1 2023