Publication of inside information pursuant to Article 17 (1) of the Regulation (EU) 596/2014 on market abuse (Market Abuse Regulation - MAR)
Contrary to the revenue and earnings forecasts published on November 30, 2021, Softline AG, headquartered in Leipzig, Germany, expects a revenue of EUR 0.1 - 0.3 million at EBITDA level. Compared to the November 2021 announcement, which still assumed revenue of approximately EUR 27.0 - 29.0 million, revenue of EUR 31.0 - 33.0 million is currently expected following a strong fourth quarter.
The expectation of the Management Board is based on the preliminary figures for the annual financial statements of Softline AG and the Softline Group for the past financial year 2021. Despite a weak start to the fourth quarter, capacity utilization in the consulting environment increased significantly by the end of the year. In addition, both in the DACH region and in the Northern Europe region, extensive deals were successfully concluded in the software area at the end of the year. The outlook for the coming fiscal year remains positive. The strong conditions created in the third and fourth quarters of 2021 on the personnel side but also in the order backlog as well as the order pipeline are the basis for significant increases in revenues and earnings in 2022. Due to the current focus on the regions DACH, Central and Northern Europe, the Management Board of the Group does not expect any direct effects from the Ukraine crisis as well as the sanction measures decided in this context.
Leipzig, March 02, 2022
The Management Board