Mon, 28 Apr 2008 07:50:32
DGAP-Ad-hoc: Nemetschek AG:Successful start in 2008 business year
Nemetschek AG / Quarter 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 with a successful start in 2008
- Sales at 36.4 million euros (+ 5.8%)
- EBITDA margin up to 22%
- Cash flow from operating activities increases to 13.0
million euros (+ 5.6%)
Munich, April 28, 2008 - The Nemetschek Group, which is listed in the Prime
Standard and which is the world’s leading vendor of information technology
for the design, construction and management of real estate, again
significantly increased sales and, in particular, earnings in the first
quarter of 2008.
Respectable organic growth in sales
Sales in the first three months of the business year amounted to 36.4
million euros, which is 5.8% more than in the same period in the previous
year. The ratio between sales in Germany and sales abroad in the first
three months of the business year is a stable 34% to 66% respectively.
Sales revenues abroad thus amount to 23.9 million euros. Despite the weak
US dollar, sales at the subsidiary Nemetschek North America
developed very positively in its markets.
Sales in Germany continued to show a positive trend and increased slightly
to 12.5 million euros.
Increase in EBITDA
Group earnings before interest, tax, depreciation and amortization (EBITDA)
improved in Q1 of 2008 to 8.0 million euros (previous year:
7.1 million euros) and were thus up by 13.0%. The EBITDA margin thus
increased to 22.0% (previous year: 20.6%) of sales. Developments in Q1 thus
meet the target of establishing an EBITDA margin in excess of 20%.
The operating profit (EBIT) rose by 20.7% to 5.6 million euros (previous
year: 4.6 million euros). Net income (group shares) rose by 12.1% to 2.9
million euros (previous year: 2.6 million euros). The earnings per share
improved from 0.27 euros in the previous year to 0.30 euros.
Strong cash flow from operating activities
The cash flow from operating activities amounts to 13.0 million euros
(previous year: 12.3 million euros). As of March 31, 2008, the Nemetschek
Group’s equity amounts to 64.3 million euros (March 31, 2007: 63.6 million
The Q1 report for the period to March 31, 2008 will be published on
May 9, 2008.
The Nemetschek Group is a leading international IT company in the AEC
sector (Archi-tecture, Engineering, Construction). The software technology
company develops inte-grated solutions for the complete life cycle of
buildings and real estate – from building design and construction through
to facility management. The company’s products are currently used by more
than 270,000 companies in 142 countries and in 16 languages to optimize the
complete building creation and management process in terms of quality, cost
and time. Nemetschek was founded in 1963 by Prof. Nemetschek and has more
than 1,100 employees worldwide (2008).
For more information, visit www.nemetschek.com
Phone +49 (0)89 – 9 27 93 1219
Fax +49 (0)89 -9 27 93 5404
28.04.2008 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