EASY SOFTWARE AG revises earnings guidance for the year 2018 and provided earnings guidance for the financial year 2019. For the year, the group EBITDA forecast has been revised to a level of EUR 0.4 million to EUR 1.0 million. The sales forecast for the financial year is confirmed with growth up to EUR 45 million to EUR 47 million. This corresponds to sales growth of 5% to 10% and to an EBITDA margin in the single-digit percentage range.

Based on the productivity increases resulting from the planned restructuring measures and taking into account the continued high level of orders and the continued positive development of the cloud business, the management board currently expects a further increase in revenue in the financial year 2019 to EUR 48 million to EUR 50 million and a significant increase in Group EBITDA up to EUR 4.0 million to EUR 5.0 million, provided that the basic market parameters remain unchanged.