DGAP-News: Nemetschek AG / Key word(s): Quarter Results
Nemetschek AG: Nemetschek defies negative market trends
31.10.2012 / 07:10
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Corporate News
Nemetschek defies negative market trends
- Group revenue Q3 rises 11 percent to EUR 43.3 million (EBITDA margin:
24%)
- Group revenue 9M rises 8 percent to EUR 127.7 million (EBITDA margin:
22%)
- Net liquidity increases by 31 percent to EUR 37.8 million
Munich, October 31, 2012 - Nemetschek AG (ISIN 0006452907), a leading
global software provider for the architecture, engineering and construction
market (AEC), today published its interim report on the first nine months
of 2012.
Despite a slight weakening of the European construction sector and a
general deterioration of the economic environment, the third quarter of
2012 was successful for the Nemetschek Group. Group revenue climbed by 11
percent to EUR 43.3 million. The result before interest, taxes and
depreciation (EBITDA) climbed in comparison by 6 percent to EUR 10.2
million. The EBITDA margin amounted to 24 percent. The trend was supported
by a continuing positive development in the internationalization of the
company.
The positive developments in the third quarter, under the management of
Tanja Tamara Dreilich, could not, however, compensate for the business
development which lay below expectations in the first half year. In the
first nine months Group revenue rose 8 percent to EUR 127.7 million. EBITDA
rose in comparison by 2 percent to EUR 28.4 million. The EBITDA margin
amounted to 22 percent.
The developments of the first half year still continue to place a heavy
burden, even on the largest subsidiary of the Group, Nemetschek Allplan.
Tanja Tamara Dreilich, sole Executive Board member of Nemetschek AG,
comments on this: 'In the third quarter the Executive Board analyzed the
situation together with the new management of Allplan, as well as
introducing initial steps towards raising profitability. These are already
showing the first signs of success.'
On the basis of a realistic scenario the Executive Board of Nemetschek AG
sticks to the outlook for the full year 2012 published in July 2012.
According to this, revenue is expected to reach at least EUR 175 million
with EBITDA at previous year's level. This also comprises the costs of the
steps planned for 2012 as part of the optimization of Allplan.
The complete report on company development in the first nine months of 2012
can be found on the internet pages of the company at
http://www.nemetschek.com/home/investor_relations/publikationen.html ready
for downloading.
For further information on the company please contact
Nemetschek AG
Ingo Middelmenne
Head of Investor Relations
+49 89 92793 1216
imiddelmenne@nemetschek.com
About Nemetschek AG:
Nemetschek is a leading global software provider for the architecture,
engineering and construction (AEC) market. Headquartered in Munich,
Germany, it serves with its 10 brands more than 300,000 customers in 142
countries from 40 locations worldwide. Founded in 1963 by Prof. Georg
Nemetschek, the group focuses on innovations such as Open Building
Information Modeling (Open BIM) for the AEC market of tomorrow. Publicly
listed since 1999, Nemetschek achieved revenues in 2011 of EUR 164 million.
Consolidated Statement of Comprehensive Income
In millions of Euro Q3 2011 Q3 2012 % change
Revenues 38.8 43.3 +11%
of which software and licenses 18.2 20.9 +15%
of which service contracts 18.8 20.3 +8%
EBITDA 9.6 10.2 +6%
Margin 25% 24%
Net income (Group shares) 4.2 4.7 +11%
Earnings per share 0.44 0.49
In millions of Euro 9M 2011 9M 2012 % change
Revenues 117.9 127.7 +8%
of which software and licenses 56.7 61.9 +9%
of which service contracts 55.3 59.1 +7%
EBITDA 27.9 28.4 +2%
Margin 24% 22%
Net income (Group shares) 13.3 13.0 -2%
Earnings per share 1.38 1.35
Development of business segments
In millions of Euro 9M 2011 9M 2012 % change
Design
Revenues 95.0 103.3 +9%
EBITDA 19.6 19.5 -1%
Margin 21% 19%
Build
Revenues 10.1 10.6 +5%
EBITDA 3.3 3.8 +15%
Margin 33% 36%
Manage
Revenues 2.7 3.0 +11%
EBITDA 0.3 0.4 +35%
Margin 10% 12%
Multimedia
Revenues 10.1 10.7 +6%
EBITDA 4.6 4.6 +0%
Margin 46% 43%
End of Corporate News
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31.10.2012 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: Nemetschek AG
Konrad-Zuse-Platz 1
81829 München
Germany
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, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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190876 31.10.2012
DGAP-News: Nemetschek AG: Nemetschek defies negative market trends
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