- (PLX AI) - SimCorp shares fell 2% in early trading after the company announced only 1 Dimension deal in the fourth quarter and issued guidance below consensus.
- • In Q4, SimCorp signed one Dimension deal and one new stand-alone Coric deal
- • Sees 2022 EBIT margin between 23% and 26%, while consensus was at 26.9%
- • Included in the expected EBIT margin for 2022 is a negative short-term impact of around 2%-points from planned investments including in new SaaS operations and solutions, as well as a higher salary increase in 2022 compared with recent years
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