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axway Contacts Investor Relations : Arthur Carli - +33 ( 0 ) 1 47 17 24 65 - acarli@axway.com Press Relations : Sylvie Podetti - +33 ( 0 ) 1 47 17 22 40 - spodetti@axway.com Axway Software : Solid revenue growth in H1 2021 → Half - year revenue of € 138.4 million , up 5.2 % organically → Half - year profit on operating activities of € 10.5m , or 7.6 % of revenue , compared to € 2.5m ( 1.9 % ) in H1 2020 → Signature metric up 28.7 % over the half - year → Q2 organic growth of 3.2 % , continued acceleration in Subscription ( + 34.6 % ) AXW LISTED EURONEXT Press release Paris , July 27 , 2021 - Axway Software's Board of Directors , chaired by Pierre Pasquier , today approved the financial statements for the first half of 2021 , which were subject to a limited review by the statutory auditors¹ . The Board of Directors welcomed the company's growth and operational performance , in line with ambitions . Axway Software : 2021 Half - year results Key income statement items * Revenue Organic growth Half - year 2020 ( % Rev ) ( € m ) ( % Rev ) 136.6 Half - year 2021 ( € m ) 138.4 + 5.2 % Growth at constant exchange rates Total growth + 5.2 % + 1.3 % Profit on Operating Activities 10.5 7.6 % 2.5 1.9 % Profit from Recurring Operations 5.0 3.6 % -3.7 -2.7 % Operating Profit 3.1 2.3 % -3.7 -2.7 % Net Profit attributable to the Group 1.8 1.3 % -6.0 -4.4 % Basic earnings per share ( in € ) 0.08 -0.28 * Alternative performance measures are defined in the glossary at the end of this document Patrick Donovan , Chief Executive Officer , declared : " In line with the start of the year , Axway achieved excellent sales performance in the second quarter of 2021. Throughout the first half of 2021 , the Subscription business drove Axway's growth and this trend , supported by customers ' increasing willingness to adopt flexible contractual models , should continue going forward . As recently presented at our Capital Markets Meeting , our strategy is now based on two fundamental pillars . On the one hand , our core market leading products , where satisfying our existing customers is our top priority and we aim to maintain our leadership . On the other hand , our Amplify offering , based on our recognized API Management solution , which should enable us to accelerate our growth through a more aggressive market share expansion strategy . This vision has led to many changes within our teams , the first effects of which are already visible . Over the last 6 months , new customer signatures have increased , and we further improved our Net Promoter Score . Our operational performance is satisfactory , with a fourfold increase in profit from operating activities compared to the first half of 2020. These good results allow us to secure our annual targets although we expect the second half of the year to remain uncertain , split between the hope of a real return to normal and the risk of new disruptions worldwide . " 1 The interim consolidated financial statements were subject to limited review procedures . The limited review report is in the process of being issued by the auditors . Open Everything 1