Nemetschek’s success continues: Sales and profit significantly increased again

  • Sales increased to 50.7 million euros (+7,5 %)
  • Operating profit (EBIT) at 7.2 million euros (+39 %) - Earnings per share increased to 0.59 euros
  • Cash flow from ordinary operations at 11.0 million euros

Munich, August 1, 2006 – The Nemetschek group considerably increased its earnings (EBIT) in the first six months of 2006 by around 39 %, and sales by 7.5 %. As a result the world-leading provider of information technology for the design, construction, and management of buildings and real estate has continued the positive trend of past quarters.

Above average growth abroad

Group sales rose in the first half of the current financial year to 50.7 million euros and are thus 7.5 % higher than the previous year's value (previous year: 47.1 million euros). The increase is due primarily to organic growth. In the second quarter, sales totaled 26.8 million euros and were therefore 1.9 million euros higher than in the same quarter of the previous year. The Design and Multimedia business units developed particularly well. In the first six months, foreign sales increased by 19 % to 29.7 million euros (corresponds to 59 % of total sales. Previous year: 53 %). Half of the growth is due to the acquisition of SCIA International NV. Domestic business saw positive trends too after years of economic restraint.

Earnings significantly improved

In the first six months, the operating profit (EBIT) increased to 7.2 million euros (previous year: 5.2 million euros, +38.9 %). In the second quarter of 2006, Nemetschek achieved an operating profit of 4.2 million euros (previous year: 3.2 million euros). In the first six months, Nemetschek achieved net income of 5.8 million euros (previous year: 4.1 million euros, +38.7 %), and in the same period, the earnings per share rose to 0.59 euros (previous year: 0.42 euros).

Cash flow from ordinary operations practically doubled

In the first six months, the cash flow for the period increased to 8.6 million euros thanks to the good development of earnings (previous year: 7.3 million euros, +18.8 %). In the same period, the cash flow from ordinary operations increased by 5.2 million euros to 11.0 million euros, and thus almost doubled. In the first half of this year, Nemetschek invested 8.6 million euros in promising companies such as the Belgian engineering software company SCIA International NV and the Austria ING.AUER – Die Bausoftware GmbH. The company also paid out a dividend of 0.65 euros per share (6.3 million euros in total) to its shareholders.

Nemetschek will also enjoy a good equity situation in the future for the growth course that is now under way. On June 30, 2006 the liquid assets stood at around 23.2 million euros (December 31, 2005: 29.0 million euros), and the equity capital was 46.7 million euros (December 31, 2005: 48.1 million euros). This is equivalent to an equity ratio of 56.3 %.

The first-half report to June 30, 2006 will be published on August 11, 2006.