Sliedrecht, the Netherlands, 14 February 2014: UNIT4 N.V., the global cloud-focused business software group listed on the Amsterdam Stock Exchange, today announced its financial results for 2013.

  • SaaS and subscriptions grew 42.3% compared with 2012
  • Total revenue increased by 4.4% to €490.5 million (2012: €469.8 million)
  • FinancialForce.com revenue increased 85% with annual run rate up 80% to $30.6 million
  • EBITDA, including FinancialForce.com and excluding costs related to project Unique , rose by 13.2% to €97.6 million (2012: €86.2 million)
  • EBITDA, excluding FinancialForce.com and costs related to project Unique, increased by 14.7% to €109.3 million (2012: €95.3 million)
  • EPS before goodwill related items declined by 31.4% from €1.88 to €1.29, due to the valuation of a tax asset in 2012 and costs related to project Unique
  • Recommended cash offer on 20 December 2013 by Advent for all issued and outstanding ordinary shares of UNIT4
For further information, please contact:

UNIT4 N.V.
Edwin van Leeuwen CFO
Phone: +31 184 444444
Fax: +31 184 444463
E-mail: edwin.van.leeuwen@unit4.com

About UNIT4
UNIT4 is a global cloud-focused business software and services company aimed at helping dynamic public sector and commercial services organizations to embrace change simply, quickly and cost. The Group incorporates a number of the world's leading change embracing software brands including Agresso, our flagship ERP suite for mid-sized services intensive organizations; Coda, our best-of-class financial management software; and FinancialForce.com, the cloud applications company formed with investment from salesforce.com. With operations in 26 countries worldwide, its revenue was €490.5 million in 2013.

UNIT4 is headquartered in Sliedrecht, the Netherlands and has almost 4,300 employees. It is listed on Euronext Amsterdam and is included in the Amsterdam Midcap Index (AMX). For more information on UNIT4 or any of its operating companies, please visit the website at www.unit4.com, follow us on Twitter @UNIT4_Group or join us on Facebook at www.facebook.com/UNIT4BusinessSoftwareNV.

distributed by