Successful 1st quarter: Nemetschek increases operating profit by 50 %
Thu, 04 May 2006 12:09:18
EQS-Ad-hoc: Successful 1st quarter: Nemetschek increases operating profit by 50 %
Nemetschek AG / Quarter Results
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.
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- Sales at 23.8 million euros (+ 7.3 %)
- Operating profit (EBIT) improved to 3.0 million euros
- Earnings per share at 0.24 EUR (+ 56 %)
Munich, May 4, 2006 – The Nemetschek group, the world’s leading vendor of
information technology for the design, construction and management of
buildings and real estate, significantly increased sales and earnings in
the first quarter of 2006.
Increased organic growth in sales
In the first three months of the current fiscal year, sales reached 23.8
million euros, thus exceeding the previous year's level (22.2 million
euros) by 7.3 %. Q1 was marked by increased organic growth in all of the
business units in the Nemetschek group. Foreign sales increased to 13.6
million euros in Q1 (equivalent to 57.5 % of overall sales; previous year:
11.6 million years) and grew significantly, like in the previous year.
Sales in France, Austria and North America developed particularly
positively. Sales in Germany showed the first positive trends for the first
time since years of cyclical downturn. The acquisition of the Belgian SCIA
International nv and the disinvestment of acad Graph CAD Studio GmbH almost
counter-balanced each other in terms of sales.
Earnings up by 50 %
The operating profit (EBIT) rose by 50 % to 3.0 million euros (previous
year: 2.0 million euros). The earnings per share improved by 56 % to 0.24
euros (previous year: 0.15 euros). Net income (group shares) rose
significantly to 2.3 million euros (previous year: 1.5 million euros). One
of the main reasons for this increase is the improvement of gross profit
with only a marginal increase in costs.
Equity capital at 50.5 million euros
The cash flow for the period improved by 24 % to 3.6 million euros
(previous year: 2.9 million euros). The liquid assets amounted to around
27.2 million euros on March 31, 2006, while the equity capital was 51
million euros (December 31, 2005: 48.1 million euros). This is equivalent
to an equity ratio of 57 %.
The full interim report will be published on May 12, 2006.
About Nemetschek:
The Nemetschek group is the world’s leading vendor of information
technology for the design, construction and management of buildings and
real estate. Nemetschek software is used by more than 170,000 renowned
companies in 142 countries in 16 languages. The group offers its customers
integrated solutions for the overall building creation and management
process.
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Information and Explaination of the Issuer to this News:
Press Release
Nemetschek increases earnings by 50 %
• Sales rise in Q1 2006 to 23.8 million euros (+ 7.3 %)
• Operating profit (EBIT) up to 3.0 million euros
• Earnings per share at 0.24 EUR (+ 56 %)
Munich, May 4, 2006. The Nemetschek group, the world’s leading vendor of
information technology for the design, construction and management of
buildings and real estate, significantly increased sales and earnings in
the first quarter of 2006. “We are on the right track. We want to grow
significantly in 2006“, said CEO Gerhard Weiß upon presentation of the
provisional figures.
Increased organic growth in sales
In the first three months of the current fiscal year, sales reached 23.8
million euros, thus exceeding the previous year's level (22.2 million
euros) by 7.3 %. Q1 was marked by increased organic growth in all of the
business units. Foreign sales increased to 13.6 million euros in Q1
(equivalent to 57.5 % of overall sales; previous year: 11.6 million years)
and grew significantly, like in the previous year. Sales in France, Austria
and North America developed particularly positively. Sales in Germany
showed the first positive trends for the first time since years of cyclical
downturn. The acquisition of the Belgian SCIA International nv and the
disinvestment of acad Graph CAD Studio GmbH almost counter-balanced each
other in terms of sales. “The positive basic economic conditions in Europe
and the USA together with the noticeable improvements in Germany are cause
for optimism. Nemetschek benefits above all from new software solutions for
the design, construction and management of buildings and real estate, that
serve to optimize work processes and monitor economic efficiency in a
timely manner“, explained Weiß.
Earnings up by more than 50 %
The operating profit (EBIT) rose by approx. 50 % to 3.0 million euros
(previous year: 2.0 million euros). The earnings per share improved by 56 %
to 0.24 euros (previous year: 0.15 euros). Net income (group shares) rose
significantly to 2.3 million euros (previous year: 1.5 million euros). One
of the main reasons for this increase is the improvement of gross profit
with only a marginal increase in costs.
Equity capital at 50.5 million euros
The cash flow for the period improved by 24.5 % to 3.6 million euros
(previous year: 2.9 million euros). On March 31, 2006, the group's liquid
assets totaled 27.2 million euros and the equity capital amounted to 51
million euros (December 31, 2005: 48.1 million euros). This is equivalent
to an equity ratio of 57 %. Weiß: “This means that we are in a superb
position for growth and acquisitions.“
The full interim report will be published on May 12, 2006.
About Nemetschek:
The Nemetschek group is the world’s leading vendor of information
technology for the design, construction and management of buildings and
real estate. Nemetschek software is used by more than 170,000 renowned
companies in 142 countries in 16 languages. The group offers its customers
integrated solutions for the overall building creation and management
process.
Nemetschek AG
Maren Moisl
Investor Relations
Tel. 089 – 9 27 93 1219
Fax 089 – 9 27 93 5404
mmoisl@nemetschek.de
Nemetschek AG
Bettina Hierath
Corporate Communication
Tel. 089 – 9 27 93 1360
Fax 089 – 9 27 93 5308
bhierath@nemetschek.de
DGAP 04.05.2006
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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
email: investorrelations@nemetschek.de
WWW: www.nemetschek.de
ISIN: DE0006452907
WKN: 645290
indices:
stockmarkets: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin-Bremen, Hannover, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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