Earnings release
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In € m Revenues for 1st quarter 2021 : € 37.8 million ASSET MANAGEMENT LENDING & LEASING TOTAL LINEDATA Rounded , unaudited figures D Linedata Q1 2020 28.4 11.9 Performance analysis by segment : 40.3 Q1 2021 25.9 11.9 37.8 Change -8.5 % -0.1 % -6.0 % Change at constant exchange rates -3.1 % Neuilly - sur - Seine , 22 April 2021 - Linedata ( LIN : FP ) , the global solutions and outsourcing services provider for the asset management , insurance and credit industries , recorded revenues of € 37.8 million for the first quarter of 2021 , down 6.0 % compared with the first quarter of 2020. Restated for the impact of currency depreciations over the period , particularly the USD , revenues fell by only 1.7 % . + 1.7 % -1.7 % The recurring share of revenues in the first quarter of 2021 was stable in percentage terms , at 81 % , and totalled € 30.7 million . For the first three months of the year , new orders amounted to € 15.2 million , broadly stable compared with the first quarter of 2020 . linedata.com ASSET MANAGEMENT ( Q1 : € 25.9M , -8.5 % ) The Software business was down 10.7 % , with mixed performances depending on the market . Front office solutions continued to perform well ( + 1.5 % on a like - for - like basis and -5.7 % on a reported basis ) , with the increased roll - out of the new AMP platform . Conversely , applications for fund services were down sharply , due in particular to a fall in consulting activity . The Services division posted a steady increase of 4.0 % ( 13.7 % at constant exchange rates ) for the first three months of the year , demonstrating the strength of Linedata's strategy to develop co - sourcing offers for the middle office and risk functions for investment funds . AHMEDABAD - BOSTON- CASABLANCA - CHENNAI - CHICAGO - DUBLIN EDIMBOURG - GREENWICH - HONG KONG LONDRES - LUXEMBOURG MADRID - MUMBAI - NEW YORK OXFORD - PARIS - RIGA - SEATTLE TORONTO TUNIS