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Nemetschek Group: Solid start to 2020 in an uncertain market environment, outlook confirmed

The Nemetschek Group, one of the world’s leading software providers for the building industry, posts a solid first quarter of 2020 with profitability levels remaining high.

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  • Q1 revenue growth of 12.8% to EUR 146.6 million
  • +27.1% growth in recurring revenue, driven by subscriptions
  • +14.0% rise in EBITDA to EUR 41.8 million leads to EBITDA margin of 28.5%
  • Earnings per share at EUR 0.19 (+9.3%)

Optimistic yet cautious planning for 2020 confirmed given the global Covid-19 pandemic

Munich, April 30, 2020 – The Nemetschek Group (ISIN DE 0006452907), one of the world’s leading software providers for the building industry, posts a solid first quarter of 2020 with profitability levels remaining high. Following a favorable start of the new year, general conditions worsened in March as a result of the worldwide Covid-19 pandemic. The company responded fast and, in keeping with changed conditions, adapted support and training measures in particular to maintain customer contact, which is critical in this situation. In this regard, for instance, virtual support and distribution options as well as online tutorials were put in place. Moreover, the executives were involved in adapting cost management in the Group at an early stage.

Major indicators of the Group’s success in the first quarter of 2020