EQS-Adhoc

USU Software AG Announces Provisional Figures for 2023, Expansion of Product Business, and Delisting Plans - Seite 2

USU Software AG has enjoyed extremely strong product business growth in recent years, especially in recurring sales, thanks primarily to innovative artificial intelligence and FinOps solutions. Significant additional investment is now envisaged to further expand this growth.
USU Software AG is thus planning considerable further expansion of the Company’s product business and that of its subsidiaries. To finance the substantial investment required for this expansion of product business, strategic options are to be examined and an external partner found and involved in the implementation. To this end, the product business is to be consolidated and legally and operationally separated from the other divisions. USU Software AG has begun the process of assessing the strategic options, separating the product business, and looking for a partner. The delisting, according to the board's assessment, supports the selection of strategic options.


Contact:
USU Software AG
Investor Relations
Falk Sorge
Spitalhof
D-71696 Möglingen
Tel.: [phone]
Fax: [phone]
E-Mail: [e-mail]

USU Software AG
Corporate Communications
Dr. Thomas Gerick
Tel.: [phone]
Fax: [phone]
E-Mail: [e-mail]

End of Inside Information

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12-March-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

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Language:	English
Company:	USU Software AG
	Spitalhof
	71696 Möglingen
	Germany
Phone:	[phone]
Fax:	[phone]
E-mail:	[e-mail]
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:	1857115