Thu, 27 Mar 2008 07:51:56
DGAP-Ad-hoc: Nemetschek AG: Nemetschek increases dividend
Nemetschek AG / Final Results
Release 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.
Nemetschek increases dividend after excellent annual financial statements
- Shareholders to receive 0.65 euros per share
- Marked increase in earnings in all business segments
- Equity ratio at 33.7% (+24.9%)
- Outlook cautiously optimistic
Munich, March 27, 2008 – The Nemetschek Group is planning its fourth
dividend payment in a row: the managing board and supervisory board will
recommend a dividend of 0.65 euros per share at the general meeting on May
21, 2008. This corresponds to a payout of 6.3 million euros with 9.625
million shares. This results in a payout ratio of 63.5% based on the
balance sheet profit of Nemetschek AG and a dividend increase of 16.0%
compared to the previous year (0.56 euros).
In fiscal 2007 the Nemetschek Group posted its best ever results in terms
of sales and EBITDA and thus managed to sustain the positive trend in
recent years. The company is still on a growth course and has successfully
completed the integration of Graphisoft.
Sales amount to 146.2 million euros, 36.0% above the previous year's value
(107.5 million euros). Graphisoft contributes 32.5 million euros to
Nemetschek’s overall sales. On an international level, sales rose by 50% to
92.6 million euros. The share contributed by operations abroad is thus
almost two thirds of overall sales.
Earnings before interest, taxes, depreciation and amortization (EBITDA) for
fiscal 2007 thus increased by 62.9 % to 33.6 million euros (previous year:
20.7 million years). The EBITDA margin, even by international standards,
was increased to a superb 23.0% (previous year 19.2%). The EBIT rose by
34.3% to 23.9 million euros (previous year: 17.8 million euros). The EBIT
of the Nemetschek Group is affected by depreciation from purchase price
allocation amounting to 7.4 million euros (previous year: 0.5 million
euros). The net earnings amount to 15.3 million euros (previous year: 14.4
million euros). The earnings per share rose to 1.52 euros (previous year:
The equity capital totals 62.9 million euros on the cut-off date (previous
year: 55.1 million euros), thus resulting in an equity ratio of 33.7%. As
of December 31, 2007, the balance sheet profit was 186.5 million euros
after 204.1 million euros in the previous year.
Due to the current uncertainties regarding the economy’s willingness to
invest, the outlook is naturally very conditional. The goals for 2008 and
2009 are cautiously optimistic. While retaining the excellent margins, the
Nemetschek Group currently expects high single-digit growth in sales. Due
to the repayments of the guaranteed loans, the interest charges will drop
successively in the coming years; this will have a positive effect on the
annual net income.
The supervisory board of Nemetschek AG has endorsed the consolidated
The company will present the audited annual financial statements today, on
March 27, 2008, as part of the press briefing on annual results in Munich.
Tel.: 089/927 93 - 12 19
27.03.2008 Financial News transmitted by DGAP
Issuer: Nemetschek AG
Phone: +49 (0)89 92 793-0
Fax: +49 (0)89 927 93-5200
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München, Hamburg, Düsseldorf
End of News DGAP News-Service