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USU Software AG, DE000A0BVU28

USU Software AG, DE000A0BVU28

20.11.2019 - 22:44:30

USU Software AG: USU adjusts forecast

According to the latest projection for the current fiscal year, the USU Group expects earnings before interest and taxes adjusted for the effects of acquisitions (adjusted EBIT) within the corridor of EUR 5 to 8 million, with revenue of EUR 93 to 95 million. The new forecast is primarily due to the significantly higher-than-anticipated share of SaaS contracts for new customers starting in the fourth quarter of 2019. This is in addition to the restrained development of the French market as well as gaps in utilization in the service segment. With regard to medium-term planning, the Management Board now expects average organic sales growth of 10%. Based on the adjusted EBIT, the operating margin is thereby expected to increase to 13-15% over the next 4 years. Contact: USU Software AG Investor Relations Falk Sorge Spitalhof D-71696 Möglingen Tel.: +49 (0) 71 41 - 48 67 351 Fax: +49 (0) 71 41 - 48 67 108 E-Mail: f.sorge@usu-software.de USU Software AG Corporate Communications Dr. Thomas Gerick Tel.: +49 (0) 71 41 - 48 67 440 Fax: +49 (0) 71 41 - 48 67 909 E-Mail: t.gerick@usu-software.de

20-Nov-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language: English Company: USU Software AG Spitalhof 71696 Möglingen

Germany Phone: +49 (0)7141 4867-0 Fax: +49 (0)7141 4867-200 E-mail: info@usu-software.de Internet: www.usu-software.de ISIN: DE000A0BVU28 WKN: A0BVU2 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange EQS News ID: 918231   End of Announcement DGAP News Service

918231  20-Nov-2019 CET/CEST

@ dgap.de