Interim report
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Company Announcement SimCorp reports revenue growth of 9.1 % and EBIT margin of 23.6 % in H1 2021 ● Q2 2021 highlights : Reported revenue was EUR 118.8m , an increase of 11.3 % when compared with Q2 2020 . Measured in local currencies , organic revenue increased by 12.7 % when compared with Q2 2020 . ● SimCorp Company reg . no : 15 50 52 81 Company Announcement no . 35/2021 August 13 , 2021 ● ● EBIT was EUR 30.0m and EBIT margin was 25.2 % compared with EBIT of EUR 26.0m and EBIT margin of 24.4 % in Q2 2020 . In Q2 2021 , three new SimCorp Dimension orders and one new SimCorp Coric order were signed . H1 2021 highlights : Reported revenue was EUR 228.7m , an increase of 9.1 % compared with H1 2020 . Measured in local currencies , organic revenue increased by 11.1 % when compared with H1 2020 . Order intake was EUR 30.2m , an increase of EUR 13.3m or 78.7 % compared with Q2 2020 . EBIT was EUR 53.9m compared with EUR 43.5m in H1 2020 . EBIT margin was 23.6 % compared with 20.8 % in H1 2020. Measured in local currencies , EBIT margin was 24.2 % . Net profit was EUR 41.5m compared with EUR 31.6m in H1 2020 . Order intake was EUR 42.8m compared with EUR 36.8m in H1 2020 . At June 30 , 2021 , the order book amounted to EUR 52.1m , an increase of EUR 13.0m when compared with the order book at June 30 , 2020 , but a decrease of EUR 4.0m when compared with the order book at December 31 , 2020. The decrease compared with December 31 , 2020 was primarily due to license sales signed in 2020 being recognized in H1 2021 , once conditions were met . Annual Recurring Revenue ( ARR ) for the last twelve months covering the period Q3 2020 Q2 2021 was EUR 263.3m , an increase of 9.5 % when compared with the period Q3 2019 Q2 2020 , and an increase of 12.0 % when measured in local currencies . Free cash flow was EUR 57.8m , an increase of 9.4 % when compared with H1 2020 .