Axway: refocusing objective achieved for 2022


(CercleFinance.com) – Axway announces that it has achieved its 2022 objective of streamlining its product portfolio thanks to various operations carried out in recent months, operations which it believes will have an accretive effect on the group’s growth from 2023.

The company has thus sold or stopped several specialized products since the beginning of the year, products which represented approximately 5% of its turnover in 2021. As such, it will recognize a non-cash impairment charge estimated at between 75 and 85 million euros.

Axway also specifies that its rationalization operations are not likely to call into question the ability of its Board of Directors to propose and, if necessary, to have a dividend paid for 2022.

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