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HomeTechSoftware AG CEO sees operating profit margin in high twenties in medium...

Software AG CEO sees operating profit margin in high twenties in medium term

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BERLIN (Reuters) – Software AG is aiming for an operating profit margin in the high twenties percentage range in the medium term, Chief Economist Sanjay Brahmawar said on Monday.

Last week, private-equity firm Silver Lake offered to buy Software AG in a deal that values the German business software developer at 2.2 billion euros ($2.42 billion).

(Writing by Friederike Heine, Editing by Kirsti Knolle)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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