Mon, 10 Oct 2016 09:23:23
DGAP-Ad-hoc: Nemetschek SE increases revenue and EBITDA forecast for current financial year 2016
Nemetschek SE / Key word(s): Forecast
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Ad hoc notification
Nemetschek Group increases revenue and EBITDA forecast for current
financial year 2016
- Forecast revenue range rises to EUR 338 million to EUR 341 million
(+18% to +20% compared to the previous year)
- EBITDA is now expected to be between EUR 89 million and EUR 91 million
Munich, October 10, 2016 - Due to its strong growth dynamics and better
than anticipated business development, the Nemetschek Group (ISIN
DE0006452907) is raising the forecast for its revenue and operating
earnings (EBITDA) for the current financial year 2016. The new forecast
envisages revenues in the range of EUR 338 million to EUR 341 million
(previously: EUR 319 million to EUR 325 million). Compared to the previous
year, this results in a planned growth in revenue (EUR 285.3 million) of
+18% to +20% (previously: +12% to +14%). The operating EBITDA (adjusted for
the positive one-time effect of EUR 1.9 million which occurred in the 2nd
quarter) is now expected to be in the range of EUR 89 million to EUR 91
million. Compared to the previous year's value (EUR 69.5 million), this
would correspond to a rise of +28% to +31% (previous forecast: EUR 77
million to EUR 80 million).
The positive business development, which continued in the third quarter of
2016, is attributable in particular to strong organic growth and increased
internationalization. Further growth effects are as a result of Solibri,
based in Finland, which was acquired at the end of 2015, and Design Data in
the USA, which was acquired as of August 1, 2016.
The Nemetschek Group will be releasing the 9-month report and all key
figures on Q3 2016 as planned on October 28, 2016.
Director Investor Relations & Corporate Communication
P: +49 89 92793-1229
M: +49 175 7211197
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Company: Nemetschek SE
Phone: +49 (0)89 92 793-0
Fax: +49 (0)89 927 93-5200
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart, Tradegate Exchange
End of Announcement DGAP News-Service