SimCorp reports revenue of EUR 456m and EBIT margin of 27.3% for 2020 - Seite 2

• At the AGM 2021, the Board of Directors will propose Susan Standiford as new member of the Board of Directors.

Financial guidance 2021:

• For 2021, SimCorp expects revenue to grow between 6% and 11% and EBIT margin to be between 24.5% and 27.5%, measured in local currencies.

Klaus Holse, SimCorp CEO comments: “SimCorp delivered a solid performance in 2020 despite challenges caused by the COVID-19 pandemic with 17 new client wins, revenue of EUR 456.0m, EBIT of EUR 124.3m, and free cash flow of EUR 91.8m. Our performance was underpinned by the strength of our client base, significant new wins, as well as a resilient and committed group of employees who responded seamlessly in a challenging year. We believe that our strategy continues to position the company, its employees and our clients for a successful and prosperous future.”

Investor presentation

SimCorp’s Executive Management Board will present the report at a conference call on Wednesday February 10, 2021 at 11:00 am (CET). Please use any of the following phone numbers to dial in to the conference call:

From Denmark:	[phone]
From USA:	[phone]
From other countries:	[phone]
Pin code to access the call:	7188469

At the end of the presentation there will be a Q&A session.


It will also be possible to follow the presentation via this link:
https://edge.media-server.com/mmc/p/pdxhfns3

The presentation will be available prior to the conference call via SimCorp’s website http://www.simcorp.com/en/about/investor/presentations-and-events/quar ....

The Annual Report 2020 is available via this link
https://www.simcorp.com/annual-report-2020

Enquiries regarding this announcement should be addressed to:
Investor contacts:
Klaus Holse, Chief Executive Officer, SimCorp A/S ([phone], [phone])
Michael Rosenvold, Chief Financial Officer, SimCorp A/S ([phone], [phone])
Anders Hjort, Head of Investor Relations, SimCorp A/S ([phone], [phone])

Media contact:
Mette Trier, Communications Principal, SimCorp A/S ([phone])
Mittal Shah, PR Manager – SimCorp UK, North America, Asia Pacific ([phone])

Attachments

• Company Announcement Q4 2020
• Annual Report 2020
• simcorp-2020-12-31