USU Software AG and its subsidiaries develop and market end-to-end software solutions for knowledge-based service management. USU is Europe’s largest provider of IT and knowledge management software.
The IT Management division supports companies with extensive ITIL®-compatible solutions for strategic and operational IT and enterprise service management. With USU solutions, customers gain an overall view of their IT processes and IT infrastructure and are able to transparently plan, allocate, monitor and actively manage IT services. USU is one of the world’s leading providers in the software license management sector.
With intelligent solutions and expertise in digital interaction, USU is a prime mover in the digitization of business processes. Standard software and consulting services help to automate service processes and actively provide knowledge for all communication channels and customer contact points in sales, marketing and customer service. USU’s range in this field is rounded off by software for industrial big data as well as the service segment with system integration and individual applications.
More than 1,000 USU customers from all sectors of the global economy use USU solutions to create transparency, be more agile and reduce both their costs and risks, including Allianz, Baloise Group, BOSCH, BMW, Daimler, Deutsche Telekom, DEVK, EDEKA, Heidelberger Druckmaschinen, Jacobs Engineering, Jungheinrich, Poste Italiane, Texas Instruments, VW, W&W and ZDF.
For the fiscal year 2019, USU Software AG is targeting sales for the entire consortium of 98-101 million according to IFRS, and adjusted EBIT to a value of EUR 7.5 - 10 million. As in previous years, the company plans to pay a dividend to the USU Software AG stockholders reflecting the success of the venture. The target dividend ratio in the medium term is about half of the generated profits.
USU Software AG has also set its long-term target to grow its sales beyond the average of the IT market in Germany and all of Europe, and to further extend its profitability. The focus of these endeavors is to organically grow by means of innovations and widening of the international market presence, although anorganic growth in the form of acquisitions and commercial stakes in other companies is also part of the expansion strategy. The medium-term plan 2021 is projecting group sales of EUR 140 million and an increase of Adjusted EBIT to EUR 20 million.