Nemetschek SE increases revenue and EBITDA forecast for current financial year 2016

Mon, 10 Oct 2016 09:23:23 DGAP-Ad-hoc: Nemetschek SE increases revenue and EBITDA forecast for current financial year 2016

Nemetschek SE  / Key word(s): Forecast

10.10.2016 09:23

Disclosure of an inside information according to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Ad hoc notification

Nemetschek Group increases revenue and EBITDA forecast for current financial year 2016

- Forecast revenue range rises to EUR 338 million to EUR 341 million     (+18% to +20% compared to the previous year)

- EBITDA is now expected to be between EUR 89 million and EUR 91 million
Munich, October 10, 2016 - Due to its strong growth dynamics and better than anticipated business development, the Nemetschek Group (ISIN DE0006452907) is raising the forecast for its revenue and operating earnings (EBITDA) for the current financial year 2016. The new forecast envisages revenues in the range of EUR 338 million to EUR 341 million (previously: EUR 319 million to EUR 325 million). Compared to the previous year, this results in a planned growth in revenue (EUR 285.3 million) of +18% to +20% (previously: +12% to +14%). The operating EBITDA (adjusted for the positive one-time effect of EUR 1.9 million which occurred in the 2nd quarter) is now expected to be in the range of EUR 89 million to EUR 91 million. Compared to the previous year's value (EUR 69.5 million), this would correspond to a rise of +28% to +31% (previous forecast: EUR 77 million to EUR 80 million).

The positive business development, which continued in the third quarter of 2016, is attributable in particular to strong organic growth and increased internationalization. Further growth effects are as a result of Solibri, based in Finland, which was acquired at the end of 2015, and Design Data in the USA, which was acquired as of August 1, 2016.

The Nemetschek Group will be releasing the 9-month report and all key figures on Q3 2016 as planned on October 28, 2016.

Contact:
Stefanie Zimmermann
Director Investor Relations & Corporate Communication NEMETSCHEK SE 
Konrad-Zuse-Platz 1
81829 Munich
P: +49 89 92793-1229 
M: +49 175 7211197


10.10.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language:     English
Company:      Nemetschek SE
              Konrad-Zuse-Platz 1
              81829 München
              Germany
Phone:        +49 (0)89 92 793-0
Fax:          +49 (0)89 927 93-5200
E-mail:       investorrelations@nemetschek.com
Internet:     www.nemetschek.com
ISIN:         DE0006452907
WKN:          645290
Indices:      TecDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,               Stuttgart, Tradegate Exchange
 
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