Nemetschek AG / Final Results
24.03.2010 07:28
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------
Adhoc Announcement
Nemetschek plans resumption of dividend payout
Provisional figures for 2009 confirmed / Dividend of 0.50 euros per share
planned
Munich, March 24, 2010: The managing board and supervisory board of
Nemetschek AG (ISIN 0006452907), Europe's largest vendor of software for
architecture and the building industry, will propose the resumption of the
dividend payout for fiscal 2009 to shareholders at the forthcoming annual
general meeting. Of the balance sheet profit of 13.9 million euros, 4.8
million euros are to be paid out to the shareholders. This represents a
dividend per share of 0.50 euros (previous year: 0 euros). Based on the
final share price in 2009 it is equivalent to a dividend yield of 3.1
percent.
In the previous year the company had cancelled the dividend payout for the
first time in four years in order to accelerate the loan repayment and
strengthen the company's equity in the face of the economic crisis. In the
course of the worldwide economic downturn, sales revenues of the Nemetschek
Group in 2009 dropped by 10 percent as expected from 150.4 million euros to
135.6 million euros. As was already announced with the provisional figures,
the operating result (EBITDA) of 30.4 million euros was only marginally
below the previous year's level (31.4 million euros), while the EBITDA
margin increased to 22 percent. The net income (consolidated shares)
increased as a result of fewer interest expenses from 10.4 million euros to
12.2 million euros. The group's net debt amounted to 9.3 million euros,
down from 26.1 million euros at the end of 2008.
Nemetschek publishes the certified annual report today. The company expects
the revenue level and the EBITDA margin to at least remain stable in 2010.
Across the group, management expects low single-digit percentage growth in
the current business year. This will also be reflected positively in the
operating result.
Explanations
'With an equity ratio of 50 percent and net debt in the single-digit
millions, we can safely count ourselves among the German dividend shares',
said Ernst Homolka, CEO, Nemetschek AG, adding that the economic situation
remained insecure in 2010, but that a further drop in revenue was not
expected. 'This means that in 2010 we should be in a position to at least
maintain the current margin level and go ahead with our investment plans at
the same time'.
About Nemetschek
The Nemetschek Group is Europe's leading vendor of software for
architecture and construction. The graphical, analytical and commercial
solutions cover a large part of the value chain in the construction
industry - from the planning and visualization of a building to the
construction process to building management. The portfolio of the software
programs includes CAD solutions for architects and engineers up to
construction software for cost planning, tenders, invoicing and execution
of building work. There are also solutions for facility and commercial real
estate management as well as visualization software for architecture and
film industry.
The company was founded in 1963 and employs 1.064 people worldwide. His
products are used by more than 300,000 customers in 142 countries worldwide
In 2009, Nemetschek achieved revenues of 135.6 million euros and an
operating result (EBITDA) of 30.4 million euros.
Nemetschek AG
Head of Investor Relations
Regine Petzsch
Konrad-Zuse-Platz 1
81829 Munich
Germany
Phone: +49 89 92793-1219
Fax: +49 89 92793-5404
24.03.2010 07:28 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Medienarchiv at |[![CDATA[|[a href="http://www.dgap-medientreff.de"|]www.dgap-medientreff.de|[/a|]]]|] and |[![CDATA[|[a href="http://www.dgap.de"|]www.dgap.de|[/a|]]]|]
---------------------------------------------------------------------------
Language: English
Company: Nemetschek AG
Konrad-Zuse-Platz 1
81829 München
Deutschland
Phone: +49 (0)89 92 793-0
Fax: +49 (0)89 927 93-5200
E-mail: investorrelations@nemetschek.com
Internet: www.nemetschek.com
ISIN: DE0006452907
WKN: 645290
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Düsseldorf, Stuttgart, Hamburg
End of News DGAP News-Service
---------------------------------------------------------------------------
DGAP-Adhoc: Nemetschek AG: Nemetschek plans resumption of dividend payout
| Source: EQS Group AG