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MarketScreener Homepage  >  Equities  >  Xetra  >  Software    SOW   DE000A2GS401

SOFTWARE

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Software : Coca-Cola European Partners chooses Software AG as strategic partner to support its Digital Strategy

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03/26/2019 | 05:30am EDT

Darmstadt, Germany, Tuesday, March 26, 2019

Coca-Cola European Partners (CCEP), the world's largest independent Coca-Cola bottler, has chosen Software AG's hybrid integration platform as a key enabler for implementing its technology and business transformation programme. CCEP was looking for a single integration platform to meet current and future requirements in alignment with its API-LED architecture and Cloud first strategy.

CCEP was formed through the merger of three western European bottling companies in 2016, and as the company integrated three differing IT landscapes they were looking for economies of scale and new business capabilities through a single integration platform.

A2A, B2B, API-management, governance, maintainability and security were key capabilities for CCEP integration platform as was flexible licensing options to support both on premise and cloud deployment.

'Total integration is fundamental to successful digitalization', said Software CEO Sanjay Brahmawar. 'We see use of an holistic integration platform as way to deliver new capability to our business and support our focus to deliver outstanding customer service', said Mark Raphael, Vice President, Business Process and Technology for CCEP.

CCEP has been created to compete more effectively and drive growth across developed European markets with a world-class production, sales and distribution platform. The Enterprise Integration Platform has been identified as a key enabler for the future CCEP digital strategy.

This first digitalization program consists of three project work streams:

  • The Integration Platform Foundation
  • An Integration Centre of Excellence
  • API MVP and governance

Software AG hybrid integration platform has been chosen by CCEP as the Central Enterprise Integration Platform to enable this strategy.

Disclaimer

Software AG published this content on 26 March 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 26 March 2019 10:29:10 UTC

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Financials (EUR)
Sales 2019 883 M
EBIT 2019 241 M
Net income 2019 150 M
Finance 2019 236 M
Yield 2019 2,86%
P/E ratio 2019 12,2x
P/E ratio 2020 12,4x
EV / Sales2019 1,75x
EV / Sales2020 1,61x
Capitalization 1 782 M
Chart SOFTWARE
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Technical analysis trends SOFTWARE
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Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 17
Average target price 31,78  €
Last Close Price 24,66  €
Spread / Highest target 82,5%
Spread / Average Target 28,9%
Spread / Lowest Target 1,38%
EPS Revisions
Managers
NameTitle
Sanjay Brahmawar Chief Executive Officer
Andreas Bereczky Chairman-Supervisory Board
Arnd Zinnhardt Chief Financial Officer
Bernd Groß Chief Technology Officer
Alf Henryk Wulf Independent Member-Supervisory Board
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