Product category:
PLM and Product Life Cycle software
News Release from: Siemens PLM Software
Edited by the Manufacturingtalk Editorial
Team on 14 February 2006
UGS Reports Year-End Revenue of US$1.15
Billion
Strong performance reflects continuing leadership in high-growth Collaborative Product Development Management (cPDM) segment
UGS, a leading global provider of product lifecycle management (PLM) software and services, has announced full year 2005 and fourth quarter 2005 results Financial highlights from the full year 2005 include:
This article was originally published on Manufacturingtalk on 25 Oct 2005 at 8.00am (UK)
Related stories
Maintenance time cycles and costs reduced
Latest release of Teamcenter for MRO solution provides asset management capabilities to ensure logistics and maintenance have real-time access to accurate and current product configurations.
UGS and Adobe team to enrich communication
UGS and Adobe team to enrich communication for manufacturers by delivering 3D product data through the ubiquitous Adobe Reader - standards JT and Adobe PDF to expand reach of 3D data.
* Total revenue increased to US$1.15 billion, or 18 percent growth over the same period a year earlier, as the company saw an increase in total revenue in each geographic region compared to the combined revenues of Jan 1, 2004 to May 26, 2004 (Predecessor) and May 27, 2004 to Dec 31, 2004 (Successor).
* Software revenue growth, which includes license and maintenance revenues, increased 21 percent over the same period a year earlier.
* Collaborative Product Development Management (cPDM) revenue increased 58 percent including acquisitions, or 37 percent without acquisitions, over the same period a year earlier.
* Operating income increased to US$83.5 million, or a 166 percent increase over the same period a year earlier, and includes the impact of acquisition-related intangible amortisation costs of US$150.8 million.
* EBITDA (defined below) was US$241.5 million, or a 37 percent increase over the same period a year earlier.
* The acquisition of Tecnomatix Technologies .
closed on April 1, 2005 and added US$68.4 million in overall revenue and US$52.2 million in software revenue (including license and maintenance revenues).
* In the amounts presented above, the company has not made adjustments for the impact of deferred revenues written off in connection with the acquisition of the company and acquisitions by the company.
These write-offs had the effect of reducing full year 2005 revenues by US$11.3 million and 2004 revenues by US$40.9 million.
• Siemens PLM Software: contact details and other news
• Email this article to a colleague
• Register for the free Manufacturingtalk email newsletter
• Manufacturingtalk Home Page
Search the Pro-Talk network of sites
