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

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

  • Group revenue up by 7 percent to 41.6 million euros
  • Outlook for 2012 confirmed

Munich, April 30, 2012 – Nemetschek AG (ISIN 0006452907), a leading software provider worldwide for Architecture, Engineering and Construction (AEC), today published its interim report for the first quarter of 2012.

Compared to the same period in the previous year, group revenue was up by 7 percent to 41.6 million euros (38.8 million euros in the previous year) in the first quarter of 2012. The operating result (EBITDA) increased by 1 percent to 9.4 million euros (9.3 million euros in the previous year). Nemetschek kept the EBITDA margin at a high level of 23 percent (24 percent in the previous year).

'That was a good start to the new year,' says Tim Alexander Lüdke, CEO, Nemetschek AG. 'The Q1 results indicate that we are on the right track, and we can confirm our outlook for 2012.' If conditions remain stable, the board believes that growth in revenues for 2012 to around 180 million euros can be achieved.

To achieve its growth targets, the Nemetschek Group continues to place its faith in internationalization and innovation. This led the group to join forces with buildingSMART International and leading international software vendors in Q1 to establish the Open BIM initiative. Open BIM stands for Open Building Information Modeling, the concept designed to be the future industry standard and facilitate the cooperation of all participants at both an international and cross-sector level.

Nemetschek also successfully realized further planned investments on a global level. We are delighted that we managed to create 29 new jobs around the world in the past three months - the group now has a headcount of 1,202 (1,120 in the previous year).

Group P+L

In EUR millionQ1 2011Q1 2012%-Chg.
Revenues38.841.6+7%
t/o Software and Licences18.620.2+9%
t/o Maintenance18.019.1+6%
EBITDA9,39,4+1%
Margin24%23% 
Net profit (group shares)5.04.3-14%
EPS0.520.45 

Business Units

In EUR millionQ1 2011Q1 2012%-Chg.
Design   
Revenues31.133.6+8%
EBITDA6.36.4+2%
Margin20%19% 
Build   
Revenues3.53.4-3%
EBITDA1.11.2-9%
Margin31%35% 
Manage   
Revenues0.871.02+17%
EBITDA0.060.15>100%
Margin7%15% 
Multimedia   
Revenues3.43.6+6%
EBITDA1.81.7-6%
Margin53%47%