UNIT4 Reports Continued Growth in Revenue and Profit in 2012－dofiqu的部落格

VICTORIA, BC and MANCHESTER, NH, Feb 22 (Marketwire)
--

-- Operating profit growing
-- Shift towards subscription model continues
-- Increasing success against "tier 1" ERP vendors

UNIT4 N.V., the global cloud-focused business software group listed
on the Amsterdam Stock Exchange, has announced its financial results for
the year ended December 31st, 2012.

Despite the difficult economic situation, UNIT4, which specializes in
software for businesses living in change, won a record number of deals
against tier 1 vendors and is increasingly replacing such systems in
clients seeking more adaptable, cost-effective solutions.

Highlights for Full Year 2012:

-- Total revenue increased by 5.4% to USD $624.0 million (EUR 469.8
million) (2011: USD $592.0 million) (EUR 445.7 million))
-- Run rate of cloud revenues at FinancialForce.com up by 90% to
$17million
-- EBITDA, including FinancialForce.com and exceptionals, rose by 3.2% to
USD $114.5 million (EUR 86.2 million) (2011: USD $110.9 million (EUR
83.5 million))
-- EBITDA, excluding FinancialForce.com and exceptionals, increased by
7.4% to USD $134.9 million (EUR 101.6 million) (2011: USD $125.6
million (EUR 94.6 million))
-- EPS before goodwill related items grew by 22.9% from USD $2.03 to
$2.50 (EUR 1.53 to EUR 1.88)
-- Dividend proposal 2012: USD $0.60 (EUR 0.45) (2011: USD $0.53 (EUR
0.40))
-- UNIT4 is actively shifting towards SaaS and subscription model
-- Irregularities in Poland identified and resolved

In 2012 total revenue grew by 5.4 % to USD $624.0 million (EUR 469.8
million) (2011: USD $592.0 (EUR 445.7 million)), highlighting UNIT4
competitive strength and, even more importantly, its high client
retention rate. Contract revenue grew by 8% to USD $260.7 million (EUR
196.3 million). Total recurring revenues now represent 52% of total
revenues (2011: 49%).

While SaaS and subscription revenues continued to show a strong upward
trend, product revenue also returned growth for the full year. In the
last quarter of 2012, UNIT4 intensified its focus on the sale of cloud
solutions, resulting in a decline in products but a growth in the annual
run rate of SaaS and subscriptions from USD $58.0 (EUR 43.5 million) at
year-end 2011 to USD $75.7 million (EUR 57.0 million) at year-end 2012,
an increase of USD $17.9 million (EUR 13.5 million) or approximately 31%.

The trend towards SaaS and subscription is now clearly evident and UNIT4
is actively shifting towards this model. Although the majority of its ERP
installations and extensions are still demanded and installed as
"on-premises" solutions, increasing numbers of potential customers are
considering moving to the cloud, including for full ERP suites. This
shift has a larger impact on the revenues in the fourth quarter and in
particular in December.

Service revenues stabilized at USD $198.1 million (EUR 149.1 million), in
spite of the increase in the number of customers, due to increased focus
on efficient implementation, including templating and outsourcing of
lower value services. This delivers better value to customers and
increases UNIT4 competitiveness in the market.

Performance in North America was positively influenced by the merger of
the Agresso and Coda operations which positioned UNIT4 Business Software
as a strong player in the North American market.

Shelley Zapp, CEO of UNIT4 Business Software in North America, commented:
"We are thrilled to see the revenue growth generated in 2012 thanks to a
significant increase of high profile customers in the not-for-profit and
commercial sectors including IPAS, Conservation International, the City
of Penticton, Nature Conservancy, Map International and Jordan's
Furniture. In addition, we have witnessed a real momentum building around
our cloud offering and new business opportunities within existing
customers. With our new structure and offices located on the west and
east coasts, we are in a great shape to serve our customers and thrive in
today's market by delivering software solutions that allow businesses
living in change to operate efficiently with a low on-going cost of
ownership."

To read the full UNIT4 Group financial results press release, click here.
For the full 2012 results statement, please click here.

About UNIT4 Business Software

UNIT4 Business Software is the North American subsidiary of UNIT4, a $624
million global business software and services company that creates,
provides and supports software for Businesses Living IN Change --
delivered via the cloud or on-premise. It offers solutions that help
these fast-changing public, private, non-profit and higher education
'BLINC' organizations embrace business change -- simply, quickly and
cost-effectively. UNIT4 Agresso, the company's flagship Enterprise
Resource Planning (ERP) suite and UNIT4 Coda Financials, its
best-of-class financial management software, are used by 6000+
organizations in more than 100 countries. For more information visit our
website or follow the company on Twitter, LinkedIn and Innovating4Change,
the company blog.

Conversion: 1 EUR = USD $1.328

Media contact:

Margaret Bonilla
Birnbach Communications
Phone: (603) 548-0693
Email: mbonilla@birnbachcom.com
Twitter: @Marg_Bonilla

www.unit4software.com
(888) 247-3776

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