UK markets closed

USU Software AG (0NEY.L)

LSE - LSE Delayed price. Currency in EUR
Add to watchlist
25.70-0.01 (-0.06%)
At close: 3:31PM BST
Full screen
Previous close25.71
Open25.70
Bid0.00 x N/A
Ask0.00 x N/A
Day's range25.70 - 25.70
52-week range25.70 - 25.70
Volume389
Avg. volumeN/A
Market capN/A
Beta (5Y monthly)1.29
PE ratio (TTM)45.49
EPS (TTM)0.56
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target estN/A
  • EQS Group

    USU enjoys a good start to the year

    DGAP-News: USU Software AG / Key word(s): Quarter Results14.05.2021 / 09:00 The issuer is solely responsible for the content of this announcement.USU Group reports sales growth and above-average increase in earnings in first quarter of 2021 Sales up 3.7% to EUR 27.2 million Adjusted EBIT rises 10.3% to EUR 2.2 million Further increase liquidity Consistently solid financing New record for orders on hand Planning anticipates further growth Möglingen, May 14, 2021. USU Software AG and its subsidiaries (hereinafter also referred to as the USU Group or USU) continued to benefit from the trend toward business process digitalization in the first quarter of 2021. According to the figures published today, the leading provider of solutions for digital IT and customer services increased its consolidated sales by 3.7% to EUR 27.2 million (Q1 2020: EUR 26.2 million).This positive operating performance in spite of the COVID-19 pandemic was attributable in particular to extremely strong domestic business, which expanded by 11.0% to EUR 20.4 million (Q1 2020: EUR 18.3 million). By contrast, international sales declined to EUR 6.8 million compared with the high prior-year figure (Q1/20220: EUR 7.9 million) as a result of the coronavirus situation.Broken down by type of sales, USU's consulting revenue saw above-average growth of 11.6% year-on-year to EUR 16.6 million (Q1 2020: EUR 14.8 million). At the same time, it benefited from the sustained growth in cloud and maintenance business. Maintenance sales including sales from software-as-a-service (SaaS) business increased by 5.6% year-on-year to EUR 8.2 million (Q1 2020: EUR 7.8 million), of which EUR 2.4 million (Q1 2020: EUR 2.2 million) was attributable to SaaS sales alone. This represents an increase in SaaS sales of 12.0% as against the previous year. Due to the comparatively high share of new contracts attributable to SaaS business, license sales in the first quarter of 2021 were down 35.8% on the very strong prior-year figure at EUR 2.2 million (Q1 2020: EUR 3.4 million).As a result of the business growth and the below-average increase in Group expenses, the USU Group recorded a further year-on-year improvement in profitability in Q1 2021. EBIT adjusted for extraordinary effects due to acquisitions (adjusted EBIT) increased by 10.3% to EUR 2.2 million (Q1 2020: EUR 2.0 million). On an unadjusted basis, EBIT rose by 16.6% year-on-year to EUR 2.0 million (Q1 2020: EUR 1.7 million), while EBITDA increased by 4.0% year-on-year to EUR 3.2 million (Q1 2020: EUR 3.1 million). The net result after taxes rose by 29.4% year-on-year to EUR 2.0 million (Q1 2020: EUR 1.6 million). With an average of 10,523,770 shares outstanding, this corresponds to earnings per share of EUR 0.19 (Q1 2020: EUR 0.15).At EUR 4.9 million (Q1/2020: EUR 8.6 million), USU's cash flow from operating activities was once again clearly positive in the quarter under review, mainly due to the quarterly profit generated by USU. Accordingly, the USU Group increased its group liquidity to EUR 22.7 million as of March 31, 2021 (December 31, 2020: EUR 18.5 million). At the same time, USU's equity climbed from EUR 61.8 million as of December 31, 2020 to EUR 63.6 million as of March 31, 2021. With total assets of EUR 122.2 million (December 31, 2020: EUR 115.5 million), the equity ratio was 52.1% as at March 31, 2021 (December 31, 2020: 53.5%). With this equity ratio, extensive Group liquidity, and no liabilities to banks, the USU Group continues to have extremely sound and secure financing even during the coronavirus crisis. Thanks to strong order development, USU also increased its orders on hand to a new record of EUR 64.5 million at the end of the period under review (March 31, 2020: EUR 57.8 million), up 11.6% on the previous year.The Management Board expects the USU Group to record slight growth in sales and an improvement in adjusted EBIT to at least EUR 9-10 million in 2021. This development will be driven in particular by strong SaaS business, as well as positive effects and increased efficiency in connection with the implementation of the "One USU" strategy. The Management Board is also confirming the current medium-term planning, which includes average organic sales growth of 10% in the next few years and, in view of the continued growth in SaaS business, an increase in the operating margin on adjusted EBIT to between 13% and 15% by 2024. Strategic planning focuses on the three established growth pillars of the USU Group: increased internationalization, the development and launch of new product innovations and growth through acquisitions.This press release is available at www.usu.com. USU Software AGAs the leading provider of software and services for IT and customer service management, USU empower companies to meet the demands of today's digital world. Global companies use our solutions to cut costs, drive agility, and reduce risk - with smarter services, streamlined workflows, and improved collaboration. With over 40 years of experience and locations worldwide, the USU team helps customers move into the future.USU Software AG (ISIN DE 000A0BVU28), listed in the Prime Standard of the German stock exchange, incorporates USU GmbH, founded in 1977, as well as the subsidiaries USU Technologies GmbH, USU Solutions GmbH, USU Solutions Inc. and USU SAS. Further information: http://www.usu.comContactUSU Software AG Investor Relations Manager Falk Sorge Email: falk.sorge@usu.com USU Software AGDr. Thomas GerickCorporate Communications ManagerEmail: thomas.gerick@usu.com 14.05.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.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: 1196489 End of News DGAP News Service

  • EQS Group

    USU grows international network of strategic partners

    DGAP-News: USU Software AG / Key word(s): Alliance15.04.2021 / 11:35 The issuer is solely responsible for the content of this announcement.Brazilian SLMIT offers cutting-edge services and tool solutions for Software Asset ManagementBoston / São Paulo - April 15, 2021.USU, the leading provider of intelligent software and services for IT and customer service management is thrilled to announce a partnership for Software Asset Management (SAM) solutions with SLMIT Innovation Technology, broadening its sales, service, and implementation footprint in the Brazilian market.SLMIT is a highly specialized provider for IT management and software compliance with a strong network in South America. The alliance expands USU's continued growth for Software Asset Management. As a certified partner, SLMIT excels at consulting and implementation services. Customers benefit from customized solutions delivered from a single provider, to optimize software use, mitigate risk, and achieve software savings in the millions.For over a decade, SLMIT experts have implemented Software Asset Management programs for medium-sized and large companies with a focus on license optimization, compliance, contract negations, and consumption analysis. The goal is to create a transparent 360-degree view of license models and software usage for customers to minimize risk and to achieve savings."Our mission is for customers to use their IT in the best possible way to drive innovation and values. We're thrilled to partner with USU as the market-leading SAM solution provider. Together with the largest team of experts in the industry, we offer tailor-made services and manage the software licenses of all major manufacturers - in the data center and in the cloud", says SLMIT CEO, Antonio Crevelente."We look forward to working with SLMIT which, with its specialized, technical expertise and strong regional presence in South America, is an important part of our partner strategy," adds Mel Pasarelli, President and CEO of USU Solutions.This press release is available at https://www.usu.com.USUAs a leading provider of software and services for IT and customer service management, USU enables companies to master the demands of today's digital world. Global organizations use our solutions to cut costs, become more agile and reduce risks - with smarter services, simpler workflows and better collaboration. With more than 40 years of experience and locations worldwide, the USU team brings customers into the future.In addition to USU GmbH, which was founded in 1977, the subsidiaries USU Technologies GmbH, USU Solutions GmbH, USU Solutions Inc. and USU SAS also belong to USU Software AG (ISIN DE 000A0BVU28), which is listed in the Prime Standard of the German Stock Exchange.Further information: https://www.usu.comContactUSU Solutions Inc.Evonne WetznerMarketing DirectorEmail: Evonne.Wetzner@aspera.comUSU Software AGDr. Thomas GerickCorporate Communications ManagerEmail: thomas.gerick@usu.comUSU Software AGInvestor Relations ManagerFalk SorgeEmail: falk.sorge@usu.com15.04.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.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: 1185264 End of News DGAP News Service

  • EQS Group

    USU Certified for Oracle Database License Management by ITAM Review

    DGAP-News: USU Software AG / Key word(s): Miscellaneous04.03.2021 / 09:20 The issuer is solely responsible for the content of this announcement.USU solution for Oracle Database Licensing exceeds strict evaluation criteriaAachen, Germany/ Boston, USA - March 4, 2021 - USU, a global leader in Software Asset Management (SAM) solutions, has received the internationally recognized "Certification for Management of Oracle Database Licenses" from The ITAM Review for optimizing Oracle database licenses. The UK-based ITAM Review is the industry's leading analyst and provides a global community for IT Asset Management (ITAM), SAM and licensing professionals."We are extremely proud of The ITAM Review certification. Oracle is considered business-critical in many companies. Our solutions continue to help companies around the world to avoid unplanned expenses and risks," says Mel Passarelli, President & CEO of USU Solutions, Inc.The certification primarily assists in qualitatively assessing Oracle license management tools. The standards cover Oracle Database License Management, including all Editions, Options, Packs, and deployment scenarios (e.g. On-prem, Cloud, Hybrid). Certification ensures Oracle customers have access to the functionality required to manage Oracle licenses. The evaluation included, among other things, the assessment of real product capabilities based on common use cases by The ITAM Review analysts and customers who are already using the USU product in live environments.USU Oracle Optimization lets customers gain transparency over their licenses and reduce license costs even in complex database environments. The solution uses Oracle-verified methods for data collection and delivers intelligent reporting for optimized license management."USU Oracle license management provides richly-featured tooling to assist customers in managing their Oracle database estate. Backed with excellent Managed Services, it is clear that USU will deliver strong ROI for any customer wanting to get better visibility and control of their Oracle estate," explains AJ Witt, industry analyst at The ITAM Review. USU Software AGAs the leading provider of software and services for IT and customer service management, USU empower companies to meet the demands of today's digital world. Global companies use our solutions to cut costs, drive agility, and reduce risk - with smarter services, streamlined workflows, and improved collaboration. With over 40 years of experience and locations worldwide, the USU team helps customers move into the future.USU Software AG (ISIN DE 000A0BVU28), listed in the Prime Standard of the German stock exchange, incorporates USU GmbH, founded in 1977, as well as the subsidiaries USU Technologies GmbH, USU Solutions GmbH, USU Solutions Inc. and USU SAS.Further information: http://www.usu.com/en-us/ContactUSU Solutions Inc.Evonne WetznerMarketing DirectorEmail: Evonne.Wetzner@aspera.comUSU Software AGDr. Thomas GerickCorporate Communications ManagerEmail: thomas.gerick@usu.comUSU Software AGInvestor Relations ManagerFalk SorgeEmail: falk.sorge@usu.com04.03.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.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: 1173058 End of News DGAP News Service