Nemetschek AG 1st Half Revenue Up 5% to 73M Euro
 MUNICH,
Germany, July 31, 2008 - The Nemetschek Group, leading vendor worldwide for
information technology for the design, construction and management of
buildings, achieves its goals in the first half of 2008. In a challenging
economic environment the group once again improves on all key figures.
Revenues increase by 5.1% to 73.3 million euros
Nemetschek increases revenues by 5.1% to 73.3 million euros. Adjusted to
take currency fluctuations into account, growth is at 7.5%. The Design
segment contributes the lion’s share with segment up by 6.8% to 59.9 million
euros. This positive trend is attributable to international business in
particular. Compared with the same period in the previous year, revenues
abroad increase by 2.0 million euros to 45.9 million euros, thus accounting
for two thirds of the group’s overall revenues. At 27.4 million euros,
revenues in Germany are up by 1.6 million euros.
EBITDA increases by 9.7% to 15.3 million euros
Nemetschek increases the operating result (EBITDA) by 9.7% to 15.3
million euros compared with 13.9 million euros in 2007. This corresponds to
an EBITDA margin of 20.8% compared with 19.9% in the same period last year.
The earnings per share improve by 18.3% to 0.69 euros.
High period cash flow thanks to good results
In the first half of 2008, the group achieved a period cash flow of 14.1
million euros, up from 13.1 million euros in 2007. The cash flow from
ordinary activities amounts to 16.2 million euros and is thus stable at last
year’s level.
About Nemetschek
The Nemetschek Group is a leading international IT company in the AEC
sector (Architecture, Engineering, Construction). The technology group
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 1,100
employees worldwide. In fiscal 2007, the group achieved revenues of 146
million euros.
For more information, visit
www.nemetschek.com.
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Source: Material used in press releases is often supplied by external
sources and used as is.
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