Nemetschek: Growth reflected positive in financial success 2006

Fri, 23 Mar 2007 07:23:40
DGAP-Ad-hoc: Nemetschek: Growth reflected positive in financial success 2006


Nemetschek AG / Final Results/Dividend

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.

- Marked increase in earnings: EBIT up by 36.1%
- Earnings per share 1.41 euros (+16.5%)
- Sales increase to 107.5 million euros (+8.8%)
- Dividend of 0.56 euros proposed

Munich, March 23, 2007 – Nemetschek looks back on a very successful 2006 financial year and thus builds on the positive development in recent years. The company is now on a growth course and has been able to increase sales, both organically and through acquisitions. Sales increased to 107.5 million euros (previous year: 98.8 million euros, +8.8%). Earnings increased significantly for the fourth time in a row. The consolidated net income for the year improved by 18.1% to 14.4 million euros (previous year: 12.2 million euros). The earnings per share amounted to 1.41 euros (previous year: 1.21 euros). The operating profit (EBIT) rose by 36.1% to 17.8 million euros (previous year: 13.1 million euros), the EBITDA increased by 27.2% to 20.7 million euros (previous year: 16.2 million euros). Nemetschek is a financially strong company. The cash flow for the period increased by 22.6% to 21.3 million euros (previous year: 17.3 million euros). The cash flow from ordinary activities improved by 50.5% to 18.3 million euros (previous year: 12.1 million euros).

Compared to the previous year, there were significant changes to balance sheet positions, particularly as a result of the acquisition of Graphisoft SE and SCIA International NV. The equity capital totals 55.1 million euros (previous year: 48.1 million euros), and there is a corresponding equity ratio of 27.0% (previous year: 59.5%). On December 31, 2006, the balance sheet total was 204.1 million euros (previous year: 81.0 million euros).
The supervisory board of Nemetschek AG has endorsed the consolidated financial statements. The managing board and supervisory board of Nemetschek AG will propse a divident payment of 0.56 euros per share at the annual general meeting on May 23, 2007.

The company will present the audited figures at its press briefing on annual results today, March 23, 2007, in Munich.

 
About Nemetschek:
The Nemetschek Group is a leading international IT company in the AEC sector (Architecture, Engineering, Construction). The software company develops integrated 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 1,000 employees worldwide (2007).



Information and Explaination of the Issuer to this News:
Highly innovative and financially strong, Nemetschek strives ahead
- 2006 financial year very successful
- Group strengthens its role as leading innovator and technology company - Group adopts growth course
- Dividend of 0.56 euros planned

Munich, March 23, 2007 – The Nemetschek Group looks back on a successful 2006 financial year and thus builds on the positive development in recent years. The company is now on a growth course and has been able to increase sales, both organically and through acquisitions. Earnings improved significantly for the fourth year in a row.

'With the superb financial statements for 2006 we have demonstrated how profitable growth works. We have consolidated our market position and see promising opportunities in further internationalization', said Ernst Homolka, CFO and Board Spokesman, Nemetschek AG, on presentation of the balance sheet in Munich.


Growth in Germany and abroad drives sales and earnings
Sales were 107.5 million euros, 8.8% above the previous year's value (98.8 million euros). Q4, which is traditionally strong in terms of sales, accounted for approximately 30% of sales for the year. Business was successful in Germany, where organic sales growth was once again achieved for the first time after several years. Adjusted to take account of the sale of acadgraph CAD Studio GmbH at the beginning of 2006, domestic sales increased by 8.4%. Sales abroad increased to 61.8 million euros in the reporting period (previous year: 52.4 million euros). With the acquisition of Belgian SCIA International NV in February 2006 and additional growth, the amount contributed by international sales to total sales increased to 57.5% (previous year: 53.1%).

The operating profit (EBIT) for the 2006 financial year rose by 36.1% to 17.8 million euros (previous year: 13.1 million euros), the EBITDA increased by 27.2% to 20.7 million euros (previous year: 16.2 million euros). The net income for the year increased by 18.1% to 14.4 million euros (previous year: 12.2 million euros). The earnings per share rose to 1.41 euros (previous year: 1.21 euros). The Design, Manage and Multimedia business units developed particularly well.

Nemetschek is a financially strong company. The cash flow for the period increased by 22.6% to 21.3 million euros (previous year: 17.3 million euros). The cash flow from ordinary activities improved by 50.5% to 18.3 million euros (previous year: 12.1 million euros).
Compared to the previous year, there were significant changes to balance sheet positions, particularly as a result of the acquisition of Graphisoft SE and SCIA International NV. The equity capital totals 55.1 million euros (previous year: 48.1 million euros), and there is a corresponding equity ratio of 27.0% (previous year: 59.5%). On December 31, 2006, the balance sheet total was 204.1 million euros (previous year: 81.0 million euros).

Shareholders benefit from share price increase and planned dividend
Nemetschek plans to pay its shareholders a dividend for the third time in a row. The managing board and supervisory board will propose a dividend payment of 0.56 euros at the annual general meeting on May 23, 2007. 'We want shareholders to participate in the positive development during the financial year', said CFO and Board Spokesman Ernst Homolka. 'In addition, they benefit from the above-average performance of the Nemetschek share price'. In 2006, the share price increased by about 57%. The acquisition of Graphisoft, moreover, played an important role in the increase in the value of the company. Since the takeover announcement on December 21, 2006, the share price has risen by about 36%.


Market: good opportunities for international growth
With the acquisition of Graphisoft and SCIA, Nemetschek is market leader in Europe for architecture- and engineering-software. In 2007, the amount accounted for by foreign sales will increase to more than 60%. With the established brands Allplan, Archicad and VectorWorks, Nemetschek will in future occupy the leading position in the field of AEC software solutions (Architecture, Engineering, Construction). 'We have consolidated our position as unique vendor of comprehensive IT solutions for the design, construction and management of buildings and real estate. Worldwide, we will be offering our customers even more attractive solutions and at the same time we will open up new markets', explained Ernst Homolka.

Nemetschek: leading innovator and technology company
One of the most important trends in the construction and real estate industry is currently the transition from two-dimensional to three-dreidimensional mode of operation. Nemetschek with its established brands has been the leading software vendor for 3D-based building design for years. As the leading innovator and technology company, this offers Nemetschek a great deal of potential for further growth. Nemetschek has the right solutions for all the challenges faced by architects, civil engineers and facility managers today. Better data exchange, precise and automated quantity takeoff and costing as well as mobile solutions for building sites are the focus of the Nemetschek Group’s research and development.

 
Outlook: good economic outlook and innovative products
According to experts, the demand in the AEC sector in the software industry will continue to grow worldwide, and institutes are expecting annual growth rates of 6.8% on average. 'Nemetschek will use the positive economic outlook to build on today’s success over the medium term and long term with new, innovative products and its well-structured sales division', said Ernst Homolka. Nemetschek aims to achieve sales revenues of over 140 million euros and an EBITDA margin of more than 20% by the end of 2007. The company focus is on internationalization, in particular in Europe, the USA und emerging markets.

About Nemetschek
The Nemetschek Group is a leading international IT company in the AEC sector (Architecture, Engineering, Construction). The software company develops integrated 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 1,000 employees worldwide (2007).

For more information, visit www.nemetschek.com


Nemetschek AG
Maren Moisl
Investor Relations
Phone +49 (0)89 – 9 27 93 1219
Fax +49 (0)89 -9 27 93 5404
mmoisl@nemetschek.de


DGAP 23.03.2007 

 
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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