May 24, 2017

USU Group remains on growth path

The USU Software AG (USU Group) generated IFRS sales of EUR 18,887 thousand in the first three months of 2017, a year-on-year increase of 11.4%. USU benefited in particular from the strength of its business in Germany, where sales rose rose by 13.2% to EUR 13,861 thousand. At the same time, sales generated outside Germany rose by 6.6% year-on-year.

Read more details about the following highlights on our corporate website:

  • Double-digit sales growth
  • Liquidity position expanded further
  • Significant improvement in operating cash flow
  • Group workforce exceeds 600 for first time
  • Forecast for 2017 raised following acquisition
  • Medium-term planning to 2020 confirmed