Nemetschek AG - Economic press

Q1 result: Nemetschek with a solid start in the new year

Mon, 30 Apr 2012 06:30:00 +0200

[Translate to Englisch:] Die Nemetschek AG (ISIN 0006452907), Europas größter Anbieter von Software für Architektur und Bau, hat heute ihren Jahresabschluss veröffentlicht. Wie bereits im Rahmen der Bekanntgabe der vorläufigen Zahlen berichtet, konnte der Konzern die Umsatzerlöse 2011 um 10 Prozent auf 164 Mio. Euro (Vorjahr 149,7 Mio. Euro) steigern. Das operative Ergebnis (EBITDA) stieg um 6 Prozent auf 39,3 Mio. Euro. Die EBITDA-Marge lag bei 24 Prozent, wie zu Jahresbeginn prognostiziert. Damit blieb die Marge leicht hinter dem Niveau des Vorjahres (25 Prozent) zurück; Hintergrund sind die gruppenweit getätigten Investitionen in künftiges Umsatzwachstum sowie Einmaleffekte bei den betrieblichen Aufwendungen. Das Betriebsergebnis (EBIT) erhöhte sich um 6 Prozent auf 29,1 Mio. Euro. Der Jahresüberschuss (Konzernanteile) stieg infolge eines latenten Steuerertrags in Höhe von 1,4 Mio. Euro um 10 Prozent auf 20,8 Mio. Euro. Damit betrug das Ergebnis je Aktie (Konzernanteile) 2,16 Euro nach 1,97 Euro im Vorjahr. Die Zahl der Mitarbeiter im Konzern stieg zum Jahresende von 1.076 auf 1.173. Der Free Cashflow stieg um 11 Prozent Das starke operative Ergebnis spiegelt sich auch im Cashflow wider: Der Cashflow aus laufender Geschäftstätigkeit stieg im Vergleich zum Vorjahr um 15 Prozent auf 37,1 Mio. Euro. Bereinigt um einen einmaligen Effekt aus dem Vorjahr lag der Cashflow aus Investitionstätigkeit mit -5,6 Mio. Euro weitgehend auf Vorjahresniveau. Damit stieg der Free Cashflow in 2011 um 11 Prozent auf 31,5 Mio. Euro. Die Nettoliquidität lag bei 28,8 Mio. Euro nach 11,1 Mio. Euro im Vorjahr. Die Eigenkapitalquote des Nemetschek Konzerns beträgt 64 Prozent. Vor diesem Hintergrund haben Vorstand und Aufsichtsrat beschlossen, der Hauptversammlung im Mai eine Erhöhung der Dividende von 1,00 auf 1,15 Euro vorzuschlagen. „Angesichts der guten Ergebnisse in 2011 wollen wir die Aktionäre an diesem Erfolg auch teilhaben lassen“, erläutert Tim Alexander Lüdke, Sprecher des Vorstands der Nemetschek AG.Erneutes Umsatzwachstum auch in 2012 Weitgehend stabile Rahmenbedingungen vorausgesetzt, plant Nemetschek für das laufende Geschäftsjahr erneut ein deutliches Umsatzwachstum in der Größenordnung von 10 Prozent auf rund 180 Mio. Euro. Dabei geht der Vorstand davon aus, in 2012 eine EBITDA-Marge in ähnlicher Größenordnung wie im Vorjahr erreichen zu können. Um seine Wachstumsziele zu erreichen, will der Konzern vor allem die Internationalisierung weiter vorantreiben. Dafür planen die großen Tochterunternehmen unter anderem Investitionen in den weiteren Ausbau ihrer Marktpräsenz – unterstützt durch verschiedene Initiativen der Holding. Das dürfte gruppenweit auch einen weiteren, moderaten Personalaufbau zur Folge haben.

Munich, 1335760200 - [Translate to Englisch:] Die Nemetschek AG (ISIN 0006452907), Europas größter Anbieter von Software für Architektur und Bau, hat heute ihren Jahresabschluss veröffentlicht. Wie bereits im Rahmen der Bekanntgabe der vorläufigen Zahlen berichtet, konnte der Konzern die Umsatzerlöse 2011 um 10 Prozent auf 164 Mio. Euro (Vorjahr 149,7 Mio. Euro) steigern.

Das operative Ergebnis (EBITDA) stieg um 6 Prozent auf 39,3 Mio. Euro. Die EBITDA-Marge lag bei 24 Prozent, wie zu Jahresbeginn prognostiziert. Damit blieb die Marge leicht hinter dem Niveau des Vorjahres (25 Prozent) zurück; Hintergrund sind die gruppenweit getätigten Investitionen in künftiges Umsatzwachstum sowie Einmaleffekte bei den betrieblichen Aufwendungen. Das Betriebsergebnis (EBIT) erhöhte sich um 6 Prozent auf 29,1 Mio. Euro. Der Jahresüberschuss (Konzernanteile) stieg infolge eines latenten Steuerertrags in Höhe von 1,4 Mio. Euro um 10 Prozent auf 20,8 Mio. Euro. Damit betrug das Ergebnis je Aktie (Konzernanteile) 2,16 Euro nach 1,97 Euro im Vorjahr.

Die Zahl der Mitarbeiter im Konzern stieg zum Jahresende von 1.076 auf 1.173.

Der Free Cashflow stieg um 11 Prozent

Das starke operative Ergebnis spiegelt sich auch im Cashflow wider: Der Cashflow aus laufender Geschäftstätigkeit stieg im Vergleich zum Vorjahr um 15 Prozent auf 37,1 Mio. Euro. Bereinigt um einen einmaligen Effekt aus dem Vorjahr lag der Cashflow aus Investitionstätigkeit mit -5,6 Mio. Euro weitgehend auf Vorjahresniveau. Damit stieg der Free Cashflow in 2011 um 11 Prozent auf 31,5 Mio. Euro. Die Nettoliquidität lag bei 28,8 Mio. Euro nach 11,1 Mio. Euro im Vorjahr. Die Eigenkapitalquote des Nemetschek Konzerns beträgt 64 Prozent.

Vor diesem Hintergrund haben Vorstand und Aufsichtsrat beschlossen, der Hauptversammlung im Mai eine Erhöhung der Dividende von 1,00 auf 1,15 Euro vorzuschlagen. „Angesichts der guten Ergebnisse in 2011 wollen wir die Aktionäre an diesem Erfolg auch teilhaben lassen“, erläutert Tim Alexander Lüdke, Sprecher des Vorstands der Nemetschek AG.

Erneutes Umsatzwachstum auch in 2012

Weitgehend stabile Rahmenbedingungen vorausgesetzt, plant Nemetschek für das laufende Geschäftsjahr erneut ein deutliches Umsatzwachstum in der Größenordnung von 10 Prozent auf rund 180 Mio. Euro. Dabei geht der Vorstand davon aus, in 2012 eine EBITDA-Marge in ähnlicher Größenordnung wie im Vorjahr erreichen zu können.

Um seine Wachstumsziele zu erreichen, will der Konzern vor allem die Internationalisierung weiter vorantreiben. Dafür planen die großen Tochterunternehmen unter anderem Investitionen in den weiteren Ausbau ihrer Marktpräsenz – unterstützt durch verschiedene Initiativen der Holding. Das dürfte gruppenweit auch einen weiteren, moderaten Personalaufbau zur Folge haben.

Nemetschek expects further growth in 2012

Fri, 30 Mar 2012 08:00:00 +0200

Munich, 1333087200 - [Translate to Englisch:] Die Nemetschek AG (ISIN 0006452907), Europas größter Anbieter von Software für Architektur und Bau, hat heute ihren Jahresabschluss veröffentlicht. Wie bereits im Rahmen der Bekanntgabe der vorläufigen Zahlen berichtet, konnte der Konzern die Umsatzerlöse 2011 um 10 Prozent auf 164 Mio. Euro (Vorjahr 149,7 Mio. Euro) steigern.

Die Zahl der Mitarbeiter im Konzern stieg zum Jahresende von 1.076 auf 1.173.

Der Free Cashflow stieg um 11 Prozent

A change at the top in Nemetschek’s Corporate Communications

Tue, 27 Mar 2012 11:26:00 +0200

On April 1, 2012, Sophie Büning (36) will take over management of Corporate Communications at Nemetschek AG. She follows in the footsteps of Regine Petzsch (50), who will be leaving the company for new challenges in the wake of the management board changes implemented at the end of 2011.Most recently, Sophie Büning worked as an independent communication consultant. Before that, she worked with fischerAppelt, advisors, for whom she set up and managed the Munich office, among other things. Previously, the trained journalist (Burda) had worked for various publications, including Financial Times Deutschland and DIE ZEIT, for which she was also an economic correspondent based in Brussels.The new Corporate Communications team also includes Thorsten Boeckers (36), responsible for Investor Relations. He previously worked at Deutsche Post DHL, where he was responsible for institutional investor relations. During this time, he set up and managed the company’s Investor Relations Office in the US, among other things.You can reach Sophie Büning, Head of Corporate Communications, at tel.: +49-89-92793-1229 and e-mail: sbuening@nemetschek.com.You can reach Thorsten Boeckers, Head of Investor Relations at tel.: +49-89-92793-1216 and e-mail: tboeckers@nemetschek.com.

München, 1332840360 - On April 1, 2012, Sophie Büning (36) will take over management of Corporate Communications at Nemetschek AG. She follows in the footsteps of Regine Petzsch (50), who will be leaving the company for new challenges in the wake of the management board changes implemented at the end of 2011.

Most recently, Sophie Büning worked as an independent communication consultant. Before that, she worked with fischerAppelt, advisors, for whom she set up and managed the Munich office, among other things. Previously, the trained journalist (Burda) had worked for various publications, including Financial Times Deutschland and DIE ZEIT, for which she was also an economic correspondent based in Brussels.

The new Corporate Communications team also includes Thorsten Boeckers (36), responsible for Investor Relations. He previously worked at Deutsche Post DHL, where he was responsible for institutional investor relations. During this time, he set up and managed the company’s Investor Relations Office in the US, among other things.

You can reach Sophie Büning, Head of Corporate Communications, at tel.: +49-89-92793-1229 and e-mail: sbuening@nemetschek.com.
You can reach Thorsten Boeckers, Head of Investor Relations at tel.: +49-89-92793-1216 and e-mail: tboeckers@nemetschek.com.

Nemetschek enjoys renewed growth of 10 percent

Fri, 17 Feb 2012 23:23:00 +0100

Provisional figures show increase in revenue of 10 percent / EBITDA margin of 24 percent / earnings per share of 2.16 euros

In 2011, Nemetschek AG (ISIN 0006452907), Europe's largest provider of software for architecture and construction, increased revenues by 10 percent to 164 million euros. According to provisional figures, the operating result (EBITDA) was more than 39 million euros, compared with 37 million euros in the previous year. The EBITDA margin was 24 percent, as forecast in March 2011. As a result, the group has again achieved the highest group earnings in the company's history. Clear increase in revenue from license sales and maintenance agreements In 2011, revenues from license sales increased by 9 percent to 81 million euros. Revenues from long-term maintenance agreements have been growing continuously for years, and with increasing momentum: In 2011, it rose 11 percent overall to 74 million euros. As a result, more than 45 percent of Nemetschek's revenues is recurring business. In the group's non-German markets, revenues increased by 9 percent to 96 million euros, Nemetschek achieved significant increases in France, the USA and Japan, for example. Thanks to strong growth in the building industry in Germany, revenues at home increased by 11 percent to 68 million euros. The Nemetschek Group was able to grow in the two global business units Design (software for architecture and engineering) and Multimedia (software for visualization and animation), in particular. In the Design unit, revenue rose 9 percent to 133 million euros; the EBITDA margin in this segment was 21 percent, compared with 22 percent in the previous year. In the Multimedia business unit (the Maxon Group is behind this), revenues increased by 26 percent to almost 14 million euros, and the EBITDA margin reached a record figure of 44 percent (previous year 38 percent). Maxon's success is due to a more streamlined and better positioned product range and the introduction of maintenance agreements, besides the company is profiting from the ever broader media offering worldwide. In the Build segment (solutions for ERP and project management) revenue rose slightly to almost 14 million euros with an EBITDA margin of 35 percent. In the Manage business unit (ERP software for real estate management), revenue increased slightly to almost 4 million euros, while the EBITDA remained at the previous year's level of 0.3 million euros. Net income higher than expected Following the rise in revenues, the Nemetschek Group achieved an EBITDA of more than 39 million euros in 2011 (previous year: 37 million euros). The operating costs were 139 million euros (previous year: 126 million euros). The higher personnel expenses of 71 million euros (previous year 64 million euros) resulted mainly from a policy of workforce expansion in various subsidiaries and the increase in variable salary components caused by the increase in revenue. The other operating costs were round about 50 million euros (previous year: over 44 million euros). The reasons for this were amongst others the higher costs for the market launch of new product versions in the subsidiaries and revenue-dependent costs for dealer commissions. By the end of 2011, the headcount in the Nemetschek Group had increased to 1,173 employees (previous year 1,076). According to the provisional figures, the operating result (EBIT) rose by 6 percent to 29 million euros. As a result of tax rate changes in Hungary, the group also posted income from deferred tax of 1.4 million euros, resulting in a higher rise in net earnings of 12 percent to more than 22 million euros; after minority interests, it was just under 21 million euros (group shares). The earnings per share are thus 2.16 euros, compared with 1.97 euros in the previous year. Free cash flow increased to around 32 million euros The strong operating result is also reflected in the cash flow: Compared with the previous year, the cash flow from operating activities improved by 15 percent to 37 million euros. The cash flow from investing activities was almost 6 million euros. As a result, the free cash flow was almost 32 million euros. Compared to December 31, 2010, the liquid assets rose to almost 34 million euros and now exceed the remaining loan from the Graphisoft acquisition (5 million euros) by 29 million euros. The equity ratio of the Nemetschek Group is 64 percent (December 31, 2010: 57 percent). Nemetschek will publish the complete 2011 annual report on March 30, 2012; management will also take this opportunity to provide an outlook for the current financial year.

Munich, 1329517380 - In 2011, Nemetschek AG (ISIN 0006452907), Europe's largest provider of software for architecture and construction, increased revenues by 10 percent to 164 million euros. According to provisional figures, the operating result (EBITDA) was more than 39 million euros, compared with 37 million euros in the previous year. The EBITDA margin was 24 percent, as forecast in March 2011. As a result, the group has again achieved the highest group earnings in the company's history.

Clear increase in revenue from license sales and maintenance agreements

In 2011, revenues from license sales increased by 9 percent to 81 million euros. Revenues from long-term maintenance agreements have been growing continuously for years, and with increasing momentum: In 2011, it rose 11 percent overall to 74 million euros. As a result, more than 45 percent of Nemetschek's revenues is recurring business. In the group's non-German markets, revenues increased by 9 percent to 96 million euros, Nemetschek achieved significant increases in France, the USA and Japan, for example. Thanks to strong growth in the building industry in Germany, revenues at home increased by 11 percent to 68 million euros.

The Nemetschek Group was able to grow in the two global business units Design (software for architecture and engineering) and Multimedia (software for visualization and animation), in particular. In the Design unit, revenue rose 9 percent to 133 million euros; the EBITDA margin in this segment was 21 percent, compared with 22 percent in the previous year. In the Multimedia business unit (the Maxon Group is behind this), revenues increased by 26 percent to almost 14 million euros, and the EBITDA margin reached a record figure of 44 percent (previous year 38 percent). Maxon's success is due to a more streamlined and better positioned product range and the introduction of maintenance agreements, besides the company is profiting from the ever broader media offering worldwide.

In the Build segment (solutions for ERP and project management) revenue rose slightly to almost 14 million euros with an EBITDA margin of 35 percent. In the Manage business unit (ERP software for real estate management), revenue increased slightly to almost 4 million euros, while the EBITDA remained at the previous year's level of 0.3 million euros.

Net income higher than expected

Following the rise in revenues, the Nemetschek Group achieved an EBITDA of more than 39 million euros in 2011 (previous year: 37 million euros). The operating costs were 139 million euros (previous year: 126 million euros). The higher personnel expenses of 71 million euros (previous year 64 million euros) resulted mainly from a policy of workforce expansion in various subsidiaries and the increase in variable salary components caused by the increase in revenue. The other operating costs were round about 50 million euros (previous year: over 44 million euros). The reasons for this were amongst others the higher costs for the market launch of new product versions in the subsidiaries and revenue-dependent costs for dealer commissions.

By the end of 2011, the headcount in the Nemetschek Group had increased to 1,173 employees (previous year 1,076).

According to the provisional figures, the operating result (EBIT) rose by 6 percent to 29 million euros. As a result of tax rate changes in Hungary, the group also posted income from deferred tax of 1.4 million euros, resulting in a higher rise in net earnings of 12 percent to more than 22 million euros; after minority interests, it was just under 21 million euros (group shares). The earnings per share are thus 2.16 euros, compared with 1.97 euros in the previous year.

Free cash flow increased to around 32 million euros

The strong operating result is also reflected in the cash flow: Compared with the previous year, the cash flow from operating activities improved by 15 percent to 37 million euros. The cash flow from investing activities was almost 6 million euros. As a result, the free cash flow was almost 32 million euros. Compared to December 31, 2010, the liquid assets rose to almost 34 million euros and now exceed the remaining loan from the Graphisoft acquisition (5 million euros) by 29 million euros. The equity ratio of the Nemetschek Group is 64 percent (December 31, 2010: 57 percent).

Nemetschek will publish the complete 2011 annual report on March 30, 2012; management will also take this opportunity to provide an outlook for the current financial year.

Change in the Management Board of Nemetschek AG

Tue, 13 Dec 2011 09:18:00 +0100

Managing board member Ernst Homolka to leave Nemetschek AG

Ernst Homolka (45), managing board member of software provider Nemetschek AG (ISIN 0006452907), will leave the company on December 31, 2011. He will be acting in advisory role for Tim Alexander Lüdke, who has been the board spokesman since November 1, 2011, and then move on to other professional challenges. Until the appointment of a successor, Tim Lüdke will also take on the role of acting financial officer. The supervisory board of Nemetschek AG would like to thank Ernst Homolka for his work and commitment to the Nemetschek Group. Ernst Homolka has worked in various management functions for Nemetschek since 1999. In January 2007 he was appointed financial officer and spokesman of the board of Nemetschek AG. From May 2008 he was responsible for all operations in the company as sole managing board member, before taking on the role of financial officer again on November 1, 2011.

Munich, 1323764280 - Ernst Homolka (45), managing board member of software provider Nemetschek AG (ISIN 0006452907), will leave the company on December 31, 2011. He will be acting in advisory role for Tim Alexander Lüdke, who has been the board spokesman since November 1, 2011, and then move on to other professional challenges. Until the appointment of a successor, Tim Lüdke will also take on the role of acting financial officer.

The supervisory board of Nemetschek AG would like to thank Ernst Homolka for his work and commitment to the Nemetschek Group. Ernst Homolka has worked in various management functions for Nemetschek since 1999. In January 2007 he was appointed financial officer and spokesman of the board of Nemetschek AG. From May 2008 he was responsible for all operations in the company as sole managing board member, before taking on the role of financial officer again on November 1, 2011.