DGAP-Adhoc

EASY SOFTWARE AG: EASY SOFTWARE AG corrects its profit and loss forecast for 2016

DGAP-Ad-hoc: EASY SOFTWARE AG / Key word(s): Change in Forecast EASY SOFTWARE AG: EASY SOFTWARE AG corrects its profit and loss forecast for 2016 14-Feb-2017 / 18:22 CET/CEST Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. Mülheim an der Ruhr (Germany), February 14, 2017

Based on temporary figures as of December 31, 2016 and deviating from its
forecast published in its annual report of 2015, EASY SOFTWARE AG (ISIN: DE
0005634000) expects a lower income for FY 2016.

A major reason for this deviation is postponing projects, both domestic and
foreign, to 2017. Additionally, the company did not succeed in providing
sufficient resources in the SAP environment to serve all queries and
contracts. Also, the UK's BREXIT vote and the Turkish political situation
have had negative impact on income. Cloud business also fell short of
expectations.

According to the annual forecast for 2016 in its annual report of 2015, the
company had previously assumed, at group level, an operating income before
interest, tax and depreciation (EBITDA) amounting to about EUR 2.8 million.
Based on the temporary figures as of December 31, 2016, the Management
Board now assumes that a deviation in operating EBITDA of -35% to -40% is
to be expected for the year 2016.

EASY SOFTWARE AG

The Management Board

Contact:

Thorsten Eska, CFO

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14-Feb-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language:	English
Company:	EASY SOFTWARE AG
	Am Hauptbahnhof 4
	45468 Mülheim an der Ruhr
	Germany
Phone:	[phone]
Fax:	[phone]
E-mail:	[e-mail]
Internet:	www.easy.de
ISIN:	DE0005634000
WKN:	563400
Listed:	Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange

End of Announcement	DGAP News Service

544555  14-Feb-2017 CET/CEST