Comarch Software und Beratung AG
Comarch Software und Beratung AG: Report of Comarch Software und Beratung AG as at March 31, 2012

Comarch Software und Beratung AG  / Key word(s): Interim Report/Quarter Results

15.05.2012 08:07

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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- Group revenues at EUR 6.1 million (previous year 7.5 million) 
- Software revenues at EUR 3.6 million (previous year 3.6 million)
- EBITDA 0.3 million (previous year -1.0 million)

Comarch Software und Beratung AG (formerly SoftM Software und Beratung AG,
ISIN DE0007249104) achieved revenues totaling around 6.1 million euro in the
first three months of 2012 (previous year: 7.5 million).

In the first quarter of 2012, the standard software business unit -
incorporating licensing and services fees - posted sales totaling 3.6
million euros (previous year: 3.6 million). The sales of own licenses in the
first three months of 2012 remained at the same level as in first quarter of
2011.

The consulting business unit - services and consulting linked to the
implementation and support of standard software - achieved sales revenues
totaling 2.1 million euros in the first three months of 2012 (previous year:
2.8 million). The decline results from a smaller amount of new orders for
those services and from the smaller number of employees.

Sales revenues for the system integration business unit - hardware and
services for IT infrastructure - amounted to 0.4 million euros (previous
year: 1.1 million). The significant drop of sales in this business unit is a
result of the company's strategic decision undertaken in this quarter to
withdraw from this business area. The reason of this decision was the very
low profitability of this business unit. In the next periods, this segment
will have limited impact on the company's development.

In the first three months of 2012, Comarch Software und Beratung AG, a
subsidiary of the Krakow-based international IT group, Comarch S.A.,
continued a positive trend which began in the fourth quarter of 2011. Thanks
to measures undertaken in the second half of 2011, the company significantly
reduced its costs level, which positively influenced the first quarter
results. Group sales totaled 6.1 million euros (previous year: 7.5 million)
in the first three months. This is broken down as follows: standard
software: EUR 3.6 million (previous year: 3.6); consulting: EUR 2.1 million
(previous year:2.8); system integration: EUR 0.4 million (previous year:
1.1). EBITDA for the first three months amounted to 0.3 million euros
(previous year: -1.0 million) while EBIT was -0.2 million euros (previous
year: -1.7 million).


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Information and Explaination of the Issuer to this News:

Comarch Software und Beratung AG is a leading provider of complete IT
solutions for small and medium-sized businesses. The company develops and
distributes standard business management software for small and medium-sized
enterprises and is a market leader in the German-speaking market. The
Group's product range includes business software for ERP and finance
specifically tailored to the needs of small and medium-sized industrial and
trading companies, together with a full range of software implementation and
support services. Comarch Software und Beratung AG also provides DMS and ECM
solutions. Comarch Software und Beratung AG currently employs around 230
staff at 15 locations in Germany, Austria and Switzerland and has
approximately 3,000 customers.
Comarch Software und Beratung AG belongs to Comarch Group, a global IT
provider with headquarters in Krakow with around 3,500 employees in 17
countries.

15.05.2012 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
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Language:     English
Company:      Comarch Software und Beratung AG
              Messerschmittstraße 4
              80992 München
              Germany
Phone:        +49 (0)89 14329 1199
Fax:          +49 (0)89 14329 1113
E-mail:       ir@comarch.de
Internet:     www.comarch.de
ISIN:         DE000A1KRMR8
WKN:          A1KRMR
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, München, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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