Nemetschek AG posts superb quarterly result

Thu, 03 May 2007 08:06:13
DGAP-Ad-hoc: Nemetschek AG posts superb quarterly result


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.

Ad-hoc Announcement



Nemetschek AG posts superb quarterly result

 Sales up by 45%
 EBITDA doubled
 Cash flow for the period increases by 65%
Munich, May 3, 2007 - 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 buildings and real estate, significantly increased sales and earnings in the first quarter of 2007. Growth in sales of 45%
Nemetschek achieved sales revenues of 34.4 million euros in the first three months of 2007 (23.8 million euros in the same period of the previous year) and was thus 10.6 million euros or 45% up on the previous year. The focus on growth with the aim of driving forward internationalization has thus paid off. The leading software technology group managed to achieve this leap in sales in particular due to the acquisition of the Hungarian company Graphisoft, which accounted for 7.5 million euros. Without Graphisoft, the group achieved growth in sales of 3.1 million euros or 13.1%.
Earnings (EBITDA) up by 108 %
Group earnings before interest, tax, depreciation and amortization (EBITDA) increased by 108% in Q1 of 2007 to 7.5 million euros (previous year: 3.6 million euros) and thus more than doubled. The EBITDA amount attributable to the acquired Graphisoft is 2.1 million euros.
The EBITDA margin thus increased to 22% (previous year: 15%) of sales. Earnings before interested and taxes (EBIT) increased by 70% to 5.1 million euros (previous year: 3,0 million euros); this represents an EBIT margin of 15% (previous year: 13%).
The consolidated net income for the first three months of the 2007 financial year amounts to 2.8 million euros (previous year: 2.4 million euros).
Cash flow increases significantly
The cash flow for the period improved by 65% to 6.0 million euros (previous year: 3.6 million euros). At 12.3 million euros, the cash flow from ordinary activities improved by 63% compared with the previous year (7.5 million euros). Cash and cash equivalents increased by 28.0 million euros to 60.1 million euros as of March 31, 2007 (previous year 32.0 million euros). Equity capital totaled 63.6 million euros (December 31, 2006: 55.1 million euros). This represents an equity ratio of 29%. The result of the first three months of the year shows how the market is rewarding the path adopted by the company management: further internationalization and an innovative brand strategy. In addition, Nemetschek benefited from the economic revival and once again demonstrated its financial strength.
The Q1 report for the period to March 31, 2007 will be published on May 11, 2007.

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). In fiscal 2006 the group achieved sales of 107.5 million euros. For more information, see www.nemetschek.com
Additional information: 
Nemetschek AG
Rita Sander
Investor Relations
Phone: 089/9 27 93 1219
Fax: 089/9 27 93 5404
E-mail: rsander@nemetschek.de





DGAP 03.05.2007 

 
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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