Serviceware : adapts result forecast for 2018/ 2019

DGAP-Ad-hoc: Serviceware SE / Key word(s): Profit Warning Serviceware SE adapts result forecast for 2018/ 2019 21-Nov-2019 / 19:33 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. Publication of an insider information in accordance with Article 17 MAR   Serviceware SE adapts result forecast for 2018/ 2019   Serviceware SE ("Serviceware", WKN A2G8X3) adapts its result forecast for fiscal 2018/ 2019 (up to 30 November). The underlying reason is a changed revenue mix during the 4th quarter of the fiscal year during which more customers than expected have made use of SaaS offers of Serviceware instead of entering into licence agreements. As a result, Serviceware no longer assumes that during the full year the unadjusted EBIT can be moderately increased versus prior year. Serviceware rather anticipates for the full year now a moderately positive to moderately negative unadjusted EBIT. The EBIT adjusted for expenses under the programme for accelerated growth will be positive. The sales revenue forecast according to which the proceeds are to increase between 15 and 30 percent during the full year, remains unchanged. Media Relations edicto GmbH Axel Mühlhaus Tel. [phone] Email: [e-mail] 21-Nov-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language:	English
Company:	Serviceware SE
	Carl-Zeiss-Str. 16
	65520 Bad Camberg
	Germany
Phone:	[phone]
Fax:	[phone]
E-mail:	[e-mail]
Internet:	www.serviceware.se
ISIN:	DE000A2G8X31
WKN:	A2G8X3
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart, Tradegate Exchange
EQS News ID:	919233

End of Announcement	DGAP News Service

919233  21-Nov-2019 CET/CEST