FAQs
Questions and answers on various topics concerning update.
Answers
How are the executive board and supervisory board structured?
Is it possible to ask the executive board questions?
When did update go public?
Which accounting standards does update apply?
Until 31.12.2004 the financial statements are drawn up in accordance with U.S. GAAP. Since 1.1.2005, financial statements have been drawing up in accordance with IAS/IFRS.
When does the business year end?
On which markets are update shares traded?
Who is update and what is its core business?
How are update's products brought to market?
update looks after strategic customers (key accounts) itself. Other customers are looked after by update's international network of partners with over 50 partner companies.
Does update have R&D partners?
update has R&D partnerships with Cognos, Microsoft and ACS. Please note that we are a Microsoft Certified Gold Partner.
When will the next financial report be published and when will the next shareholders' meeting be held?
All dates concerning the release of financial reports and the next shareholders’ meeting in our financial calendar are on our website.
What is the nominal value of update shares?
update shares are nonpar shares.
How can I find out more about update's products?
Detailed information about our products can be found on our website.
Where can I find financial information about the company and how do I go about receiving financial information on a regular basis?
How can I get in touch with update?
