Softing AG · ISIN: DE0005178008 · EQS - Company News

Interim Statement on the 3rd Quarter and First 9 Months of 2024

DEAR SHAREHOLDERS, EMPLOYEES, PARTNERS AND FRIENDS OF SOFTING, After having made a solid start in the first quarter, Softing has been feeling the impact of weak sales markets in both the mechanical engineering and, after some delay, the process manufacturing sectors. Across the industry, our competitors and customers are reporting declining figures that are in particularly sharp contrast to the previous year’s exceptional results, with incoming orders and revenue contracting by 20% to 30%. At ...

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12 November 2024 08:30AM
Interim Statement on the 3rd Quarter and First 9 Months of 2024
DE0005178008
DEAR SHAREHOLDERS, EMPLOYEES, PARTNERS AND FRIENDS OF SOFTING, After having made a solid start in the first quarter, Softing has been feeling the impact of weak sales markets in both the mechanical engineering and, after some delay, the process manufacturing sectors. Across the industry, our competitors and customers are reporting declining figure...
Softing AG
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25 September 2024 11:26AM
Softing AG Resolves Cash Capital Increase from Authorized Capital with Exclusion of Subscription Rights
DE0005178008
Inside information pursuant to Article 17 MAR (Ad hoc announcement) NOT FOR PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA OR JAPAN, OR IN OR INTO ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. OTHER RESTRICTIONS APPLY. Softing AG Resolves Cash C...
Softing AG
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07 May 2024 07:30AM
Interim Statement on the 1st Quarter of 2024
DE0005178008
Dear Shareholders, Employees, Partners and Friends of Softing, We have finished the first quarter of what is not going to be an easy year. The bar is set high, especially as 2023 was an exceedingly successful year for us. Then there’s the weak economic data to consider, which is not limited to Germany either. Customers and market players alike are...
Softing AG
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15 December 2023 04:51PM
Softing AG corrects goodwill from goodwill – Outlook remains positiv
DE0005178008
At the end of 2023, Softing AG expects goodwill impairments of EUR 7.0 million to EUR 9.0 million at Group level in the Softing IT Networks and GlobalmatiX divisions. The background to the impairment of these goodwill is the fact that these goodwill were created as "goodwill" at the time of the respective company acquisition on the basis of the exp...
Softing AG
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15 December 2023 12:39PM
Softing AG announces impairment of goodwill
DE0005178008
Softing AG expects to recognize impairment losses on goodwill at Group level in the Softing IT Networks and GlobalmatiX segments in the amount of EUR 7.0 million to EUR 9.0 million at the end of year 2023. In the IT Networks segment, the reasons for the impairment lie in the restructuring of the organization from a distribution model with third-par...
Softing AG
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11 December 2023 12:01PM
Softing Automotive Electronics wins major order from North America
DE0005178008
Softing Automotive Electronics, a 100% subsidiary of Softing AG, has been commissioned by a North American manufacturer of special vehicles to supply a complete package for the creation of a diagnostic system to service its vehicles. The contract consists of licenses for the Softing TDX modular system, a maintenance contract for 5 years, services ...
Softing AG
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14 November 2023 08:00AM
Interim statement on the 3rd quarter/first 9 months of 2023
DE0005178008
Dear Shareholders, Employees, Partners and Friends of Softing, Softing continued to record impressive growth in the third quarter. In the first nine months of the year, we increased consolidated revenue by more than 24% year-on-year to EUR 87.2 million. This growth was mainly driven by our Industrial and Automotive segments. Revenue in the Indus...
Softing AG
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09 August 2023 01:00PM
Earnings Guidance Raised
DE0005178008
Strong earnings in the Industrial segment, Softing’s dominant core business, continued in the second quarter of 2023. The transformation of order backlog accumulated in 2021 and the organic growth of sales with both existing and new customers accounted for the risen earnings. The guidance for the operational EBIT (EBIT with neutralized depreciation...
Softing AG
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03 May 2023 07:44AM
Softing AG: Interim Statement on the 1st Quarter of 2023
DE0005178008
DEAR SHAREHOLDERS, EMPLOYEES, PARTNERS AND FRIENDS OF SOFTING, I am pleased to report that 2023 got off to an excellent start for Softing. Very briefly, revenue and earnings surged to record highs, sustaining the growth momentum we had seen in the previous year (+16 %). We lifted our revenue by a respectable 38 %, from EUR 20.6 million in the sam...
Softing AG
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03 May 2023 07:44AM
Interim Statement on the 1st Quarter of 2023
DE0005178008
DEAR SHAREHOLDERS, EMPLOYEES, PARTNERS AND FRIENDS OF SOFTING, I am pleased to report that 2023 got off to an excellent start for Softing. Very briefly, revenue and earnings surged to record highs, sustaining the growth momentum we had seen in the previous year (+16 %). We lifted our revenue by a respectable 38 %, from EUR 20.6 million in the sam...
Softing AG
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18 April 2023 04:56PM
Softing AG: Results in the first quarter of 2023 clearly exceeds expectations
DE0005178008
In the first quarter of FY 2023, the Softing Group achieved sales and an operating result that far exceeded its own plans and expectations. After a very good start into the new year, unexpectedly strong sales and margins in several of the Group's companies, particularly in March, contributed to the fact that the EBIT of EUR 1.5 million budgeted for...
Softing AG
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18 April 2023 04:56PM
Results in the first quarter of 2023 clearly exceeds expectations
DE0005178008
In the first quarter of FY 2023, the Softing Group achieved sales and an operating result that far exceeded its own plans and expectations. After a very good start into the new year, unexpectedly strong sales and margins in several of the Group's companies, particularly in March, contributed to the fact that the EBIT of EUR 1.5 million budgeted for...
Softing AG
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15 November 2022 08:00AM
Softing AG: Interim Statement on the 3rd Quarter and First 9 Months of 2022
DE0005178008
Dear Shareholders, Employees, Partners and Friends of Softing, The trend that emerged in the last few quarters is gaining traction: Softing continues to grow significantly. Incoming orders in the first nine months were up more than 16 %, reaching EUR 70 million. This growth was driven by the Group’s two largest segments, Industrial and Automotive,...
Softing AG
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15 November 2022 08:00AM
Interim Statement on the 3rd Quarter and First 9 Months of 2022
DE0005178008
Dear Shareholders, Employees, Partners and Friends of Softing, The trend that emerged in the last few quarters is gaining traction: Softing continues to grow significantly. Incoming orders in the first nine months were up more than 16 %, reaching EUR 70 million. This growth was driven by the Group’s two largest segments, Industrial and Automotive,...
Softing AG
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21 July 2022 09:02AM
Softing Automotive Electronics wins tender from international automotive manufacturer and receives exclusive order for production equipment
DE0005178008
Softing Automotive Electronics, a wholly owned subsidiary of Softing AG, today announced that it has been awarded an exclusive contract by a southern German manufacturer of premium vehicles to develop and supply a production system for parameterizing and diagnosing vehicles in production. Softing prevailed over a large number of competitors with it...
Softing AG
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21 July 2022 09:02AM
Softing Automotive Electronics wins tender from international automotive manufacturer and receives exclusive order for production equipment
DE0005178008
Softing Automotive Electronics, a wholly owned subsidiary of Softing AG, today announced that it has been awarded an exclusive contract by a southern German manufacturer of premium vehicles to develop and supply a production system for parameterizing and diagnosing vehicles in production. Softing prevailed over a large number of competitors with it...
Softing AG
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04 May 2022 07:44AM
Softing subsidiary Globalmatix wins another key account
DE0005178008
In its search for a powerful, expandable telematics interface, ThyssenKrupp subsidiary carValoo GmbH (Essen) joined the list of companies that have opted for the xTCU Gateway and the related services offered by GlobalmatiX AG. carValoo is committed to providing maximum transparency about vehicle condition in real time using artificial intelligence...
Softing AG
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03 May 2022 08:06AM
Softing AG: Interim Statement on the 1st Quarter of 2022
DE0005178008
Dear Shareholders, Employees, Partners and Friends of Softing, Amid all the political and economic uncertainty experienced in the first three months of the year, we are pleased to inform you that Softing started off the first quarter with a very high level of incoming orders. Orders on hand also continued to grow. Owing to delivery delays in hardw...
Softing AG
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08 December 2021 07:00AM
Softing Industrial Automation contributes its edgePlug product family to the Siemens Industrial Edge Ecosystem
DE0005178008
Haar, December 08, 2021 - Softing Industrial Automation GmbH will offer initial products on the Siemens Industrial Edge Marketplace in the first quarter of 2022. Softing plans to launch its new edgePlug product family for the Siemens Industrial Edge Ecosystem in the first quarter of 2022. The company is thus one of the first 3rd party product provi...
Softing AG
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15 November 2021 08:00AM
Softing AG: Interim Statement on the 3rd Quarter and First 9 Months of 2021
DE0005178008
Dear Shareholders, Employees, Partners and Friends of Softing, Softing increased its revenue from EUR 55.7 million to EUR 60.3 million in the first nine months of this year, despite various restrictions resulting from the pandemic and their consequences. A clear upward trend is still apparent. Incoming orders across the Group, a key indicator of ...
Softing AG
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09 June 2021 07:00AM
Softing AG: Car rental companies in Switzerland choose Globalmatix
DE0005178008
Zürich/Munich, June 9, 2021: MSS Holding AG, owner and licensee of several rental car companies in Switzerland, expedite their digital transformation strategy with the connected Car2Cloud solutions developed by Globalmatix AG, a wholly owned subsidiary of publicly listed Softing AG (ISIN: DE0005178008). After having accepted 500 telematics boxes fo...
Softing AG
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04 May 2021 08:30AM
Softing AG: Interim Statement on the 1st Quarter of 2021
DE0005178008
Dear Shareholders, Employees, Partners and Friends of Softing, At times where the news is full of medical terminology, and restrictions on our freedom of movement are the order of the day, I am particularly pleased to be able to report some entirely good news. In the first quarter of the year, Softing's revenue rediscovered its previous strength ...
Softing AG
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13 November 2020 08:00AM
Softing AG: Interim Statement on the 3rd Quarter and First 9 Months of 2020
DE0005178008
DEAR SHAREHOLDERS, EMPLOYEES, PARTNERS AND FRIENDS OF SOFTING, The current economic situation is having a considerable impact on our customers both directly and indirectly as a result of the COVID-19 pandemic. A strong first quarter was followed by a serious slump in the second quarter. The good news is that the resulting significant declines in in...
Softing AG
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