Nemetschek’s success continues: Sales and profit significantly increased again

Tue, 01 Aug 2006 10:21:26 DGAP-Ad-hoc: Nemetschek’s success continues: Sales and profit significantly increased again

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.

- Sales increased to 50.7 million euros (+7,5 %)
- Operating profit (EBIT) at 7.2 million euros (+39 %) - Earnings per share increased to 0.59 euros
- Cash flow from ordinary operations at 11.0 million euros
Munich, August 1, 2006 – The Nemetschek group considerably increased its earnings (EBIT) in the first six months of 2006 by around 39 %, and sales by 7.5 %. As a result the world-leading provider of information technology for the design, construction, and management of buildings and real estate has continued the positive trend of past quarters.

Above average growth abroad

Group sales rose in the first half of the current financial year to 50.7 million euros and are thus 7.5 % higher than the previous year's value (previous year: 47.1 million euros). The increase is due primarily to organic growth. In the second quarter, sales totaled 26.8 million euros and were therefore 1.9 million euros higher than in the same quarter of the previous year. The Design and Multimedia business units developed particularly well.
In the first six months, foreign sales increased by 19 % to 29.7 million euros (corresponds to 59 % of total sales. Previous year: 53 %). Half of the growth is due to the acquisition of SCIA International NV. Domestic business saw positive trends too after years of economic restraint.

Earnings significantly improved

In the first six months, the operating profit (EBIT) increased to 7.2 million euros (previous year: 5.2 million euros, +38.9 %). In the second quarter of 2006, Nemetschek achieved an operating profit of 4.2 million euros (previous year: 3.2 million euros). In the first six months, Nemetschek achieved net income of 5.8 million euros (previous year: 4.1 million euros, +38.7 %), and in the same period, the earnings per share rose to 0.59 euros (previous year: 0.42 euros).


Cash flow from ordinary operations practically doubled
In the first six months, the cash flow for the period increased to 8.6 million euros thanks to the good development of earnings (previous year: 7.3 million euros, +18.8 %). In the same period, the cash flow from ordinary operations increased by 5.2 million euros to 11.0 million euros, and thus almost doubled.
In the first half of this year, Nemetschek invested 8.6 million euros in promising companies such as the Belgian engineering software company SCIA International NV and the Austria ING.AUER – Die Bausoftware GmbH. The company also paid out a dividend of 0.65 euros per share (6.3 million euros in total) to its shareholders.
Nemetschek will also enjoy a good equity situation in the future for the growth course that is now under way. On June 30, 2006 the liquid assets stood at around 23.2 million euros (December 31, 2005: 29.0 million euros), and the equity capital was 46.7 million euros (December 31, 2005: 48.1 million euros). This is equivalent to an equity ratio of 56.3 %.
The first-half report to June 30, 2006 will be published on August 11, 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. The software is used by over 170,000 renowned customers in 142 countries and in 16 languages. The group offers its customers integrated solutions for the overall building creation and management process.


Information and Explaination of the Issuer to this News:
Nemetschek’s success continues: Excellent results again in the first half of the year

- Sales increased to 50,7 million euros (+7.5 %)
- Proportion of foreign sales continues to grow
- Operating profit (EBIT) at 7.2 million euros (+39 %) - Very good share performance in the first half of 2006 - Software solutions optimize cost security and processes for the building and real estate industry

Munich, August 1, 2006 – The Nemetschek group achieved a significant increase in sales and earnings in the first six months of the 2006 financial year. As a result the world-leading provider of information technology for the design, construction, and management of buildings and real estate has continued the positive trend of past quarters.
'The figures show that our strategy is right. 2006 will be a good year for us,' said CEO Gerhard Weiß on the announcement of the first-half figures. 'Foreign business comes along very well, again. We are continuing to expand our good market position. For the year as a whole, we expect a further increase in sales revenues and substantially improved earnings,' said Weiß.

Above average growth abroad 

Group sales rose in the first half of the current financial year to 50.7 million euros and is thus 7.5 % higher than the previous year's value (previous year: 47.1 million euros). The organic growth rate – adjusted to take account of company acquisitions and sales – is 6.8 %. In the second quarter, sales totaled 26.8 million euros, and were thus 1.9 million euros higher than in the same quarter of the previous year. The Design and Multimedia business units developed particularly well. The Nemetschek group thus continued the successful start to the year in the second quarter and the positive development of the past years. In the first six months, foreign sales increased by 19 % to 29.7 million euros (corresponds to 59 % of total sales. Previous year: 53 %). Half of the growth abroad is due to the acquisition of SCIA International NV. Domestic business saw positive trends too after years of economic restraint.

 
Earnings in first half of year up by 39 percent

In the first six months, the operating profit (EBIT) increased to 7.2 million euros (previous year: 5.2 million euros, +38.9 %). In the second quarter of 2006, Nemetschek achieved an operating profit of 4.2 million euros (previous year: 3.2 million euros). In the first six months, Nemetschek achieved net income of 5.8 million euros (previous year: 4.1 million euros, +38.7 %), and in the same period, the earnings per share rose to 0.59 euros (previous year: 0.42 euros).


Cash flow from ordinary operations practically doubled
The cash flow for the period increased to 8.6 million euros thanks to the good development of earnings (previous year: 7.3 million euros, +18.8 %). The cash flow from ordinary operations increased by 5.2 million euros to 11.0 million euros, and thus almost doubled.
In the first half of this year, Nemetschek invested 8.6 million euros in promising companies such as the Belgian engineering software company SCIA International NV and the Austria ING.AUER – Die Bausoftware GmbH. The company also paid out a dividend of 6.3 million euros in total to its shareholders.
Nemetschek will also enjoy a good equity situation in the future for the growth course that is now under way. On June 30, 2006 the liquid assets stood at around 23.2 million euros (December 31, 2005: 29.0 million euros), and the equity capital was 46.7 million euros (December 31, 2005: 48.1 million euros). This is equivalent to an equity ratio of 56.3 %.

The stock: Dynamic share price development and dividend payout
The Nemetschek share price rose by more than 50 % in the first half of the year to 21.50 euros (on June 30, 2005), and thus developed better than the DAX (+5.1 %), TecDAX (+9.3 %), Prime All (+5.7 %), and GEX (+16.2 %) indexes. The shareholders are benefiting from the positive share price development and an ongoing dividend policy: In May, they received a dividend of 0.65 euros per share. This corresponds to a dividend yield of around 3.0 %. In the previous year, the company had already paid out a dividend for the first time since it went public.


Innovative solutions for the construction industry
The company has secured its position as technology leader through innovative products. The new Design2cost initiative is being met with great interest, because it offers solutions for the growing time and cost pressures in the construction industry. With Nemetschek software, all the stakeholders in a construction project can determine their costs reliably and quickly from the early planning phase. Construction companies minimize their risks and can create more offers in a shorter space of time. Building contractors and prefabricated constructors can get solid profitability and cost analyses for marketing the object. Designers are able to increase productivity and provide effective support for their contacts.
Gerhard Weiß: 'Our approach will significantly change the industry, because it enables the complete work process in CAD and cost planning to be radically improved. We have bundled our knowledge from over 16 years to make our customers' cost planning even more successful.'
The first-half report to June 30, 2006 will be published on August 11, 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. The software is used by over 170,000 renowned customers in 142 countries and 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
eMail: mmoisl@nemetschek.de


DGAP 01.08.2006 

 
Language:     English
Issuer:       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.de
WWW:          www.nemetschek.de
ISIN:         DE0006452907
WKN:          645290
Indices:      
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-Bremen, Stuttgart, München, Hamburg, Düsseldorf  
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