Nemetschek AG / Preliminary Results 18.02.2010 07:22 Dissemination 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. --------------------------------------------------------------------------- Adhoc Announcement Nemetschek exceeds profit expectations EBITDA margin of 22 percent despite 10 percent drop in revenues / net income up Munich, February 18, 2010 - During the crisis year 2009, Nemetschek AG (ISIN 0006452907), Europe's largest vendor of software for architecture and construction, managed to increase the operative margin despite a drop in revenues: according to preliminary figures the operating result (EBITDA) amounts to 30.4 million euros and thus exceeds analyst expectations by 10 percent. During the course of the economic crisis, sales revenues in 2009 dropped by 10 percent from 150.4 million euros to 135.6 million euros as forecast. The reason for this development in revenues in the past fiscal year was the drop in revenues from 80.8 million euros to 64.3 million euros in license sales while the revenues from maintenance contracts actually increased by 5 percent to 62.0 million euros. The group's foreign markets in particular were affected by the crisis, with a drop in sales revenues from 93.0 million euros to 77.3 million euros; in Germany, sales revenues increased slightly from 57.4 million euros to 58.3 million euros. Notwithstanding the drop in sales revenues the group's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to 30.4 million euros, which is only marginally less than the previous year's figure (31.4 million euros). This corresponds to an EBITDA margin of 22 percent, up from 21 percent in 2008, and is attributable to consistent cost management in all areas of the group. According to the preliminary figures the group earnings before interest and taxes (EBIT) amount to 20.9 million euros and are at the same level as the previous year (21.0 million euros). As a result of fewer interest expenses, the net income (consolidated shares) is expected to rise from 10.4 million euros to 12.2 million euros. The cash flow for the period amounted to 28.6 million euros, after 29.9 million euros in 2008. The cash flow from operating activities dropped from 30.4 to 23.5 million euros. The reason for this is the reduction in liabilities. With liquid assets of 22.9 million euros (previous year: 23.2 million euros) the group's current net debt is 9.3 million euros after 26.1 million euros at the end of 2008. In total, over a period of three years, Nemetschek has repaid 67.8 million euros of the bank loan of 100 million euros taken to finance the acquisition of Graphisoft. The equity ratio increased in from 41 percent in 2008 to 50 percent in 2009. The complete annual report 2009 will be published on March 24, 2010. About Nemetschek The Nemetschek Group is Europe's largest vendor of software for architects, engineers and the building industry. Worldwide, the group's companies support their customers with solutions for the complete lifecycle of buildings. These encompass the entire value chain - from design and visualization to the actual construction process to usage and occupancy. The closely interlinked software solutions facilitate interdisciplinary collaboration among all those involved in the building process and thus make the process itself more efficient. Nemetschek products are used by more than 300,000 customers in 142 countries worldwide. The company was founded in 1963 by Prof. Georg Nemetschek and has 1,064 employees worldwide. Nemetschek AG, which has been listed since 1999, achieved revenues exceeding 136 million euros in 2009. Nemetschek AG Head of Investor Relations Regine Petzsch Konrad-Zuse-Platz 1 81829 Munich Germany Phone: +49 89 92793-1219 Fax: +49 89 92793-5404 18.02.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: 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.com Internet: www.nemetschek.com ISIN: DE0006452907 WKN: 645290 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, München, Düsseldorf, Stuttgart, Hamburg End of News DGAP News-Service ---------------------------------------------------------------------------