Nemetschek closes the business year 2006 extremely successfully

Wed, 14 Feb 2007 14:06:03 DGAP-Ad-hoc: Nemetschek closes the business year 2006 extremely successfully

Nemetschek AG / Preliminary Results

Ad hoc announcement according to § 15 WpHG transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

- Sales approx. 107 million euros 
- Operating profit (EBIT) up to approx. 18 million euros (+ 36%)
Munich, February 14, 2007 – For the Nemetschek Group, the world’s leading vendor of information technology for the design, construction and management of buildings and real estate, 2006 was an extremely successful fiscal year.


Sales growth in Germany and abroad 

According to provisional figures, sales amounted to approx. 107 million euros (previous year 98.8 million euros) in fiscal 2006. The growth in the first nine months was significantly exceeded in Q4. Q4 contributed around 30% to annual sales and saw significant sales growth compared to the previous year.

Business in Germany was successful for the first time in many years showing an organic growth of more than 8%. Sales abroad also increased significantly in the reporting period. With the acquisition of Belgian SCIA International NV and the additional growth abroad, the proportion contributed by international sales to overall sales rose to approx. 58%.

Disproportionate increase in profit

The Nemetschek Group is a financially strong company with high earning power. According to provisional figures, the operating profit (EBIT) for fiscal 2006 increased by 36% to around 18 million euros (previous year: 13.1 million euros), the EBITDA improved to more than 20 million euros (previous year: 16.2 million euros). The cash flow for the period increased in fiscal 2006 by more than 20% to around 21 million euros (previous year: 17.3 million euros). The cash flow from ordinary activities rose by more than 65% to around 20 million euros. Liquid assets as per December 31, 2006 amounted to 36.0 million euros (previous year: 29.0 million euros).
The complete annual report 2006 will be published on March 23, 2007 at the press briefing on annual results.



Information and Explaination of the Issuer to this News:
Nemetschek continues on growth course in 2006: earnings up by 36%
- Sales at approx. 107 million euros 
- Operating profit (EBIT) up to approx. 18 million euros (+ 36%) - Q4 particularly successful

Munich, February 14, 2007 – For the Nemetschek Group, the world’s leading vendor of information technology for the design, construction and management of buildings and real estate, 2006 was an extremely successful fiscal year. 'Nemetschek is clearly on a successful course. Fiscal 2006 stands for successful acquisitions, strong sales and earnings and an outstanding position in the market', says Ernst Homolka, CFO and Board Spokesman, Nemetschek AG.


Sales growth in Germany and abroad 

According to provisional figures, sales amounted to approx. 107 million euros (previous year 98.8 million euros) in fiscal 2006. The growth in the first nine months was significantly exceeded in Q4. Q4 contributed around 30% to annual sales and saw significant sales growth compared to the previous year.

Business in Germany was successful for the first time in many years showing an organic growth of more than 8%. Sales abroad also increased significantly in the same reporting period. With the acquisition of Belgian SCIA International NV and the additional growth abroad, the proportion contributed by international sales to overall sales rose to approx. 58%.

Disproportionate increase in profit

The Nemetschek Group is a financially strong company with high earning power. According to provisional figures, the operating profit (EBIT) for fiscal 2006 increased by 36 % to around 18 million euros (previous year: 13.1 million euros), the EBITDA improved to more than 20 million euros (previous year: 16.2 million euros). The cash flow for the period increased in fiscal 2006 by more than 20% to around 21 million euros (previous year: 17.3 million euros). The cash flow from ordinary activities rose by more than 65% to around 20 million euros. Liquid assets as per December 31, 2006 amounted to 36.0 million euros (previous year: 29.0 million euros).
 
Acquisitions in Belgium and Hungary

The Nemetschek Group completed two important strategic acquisitions last year. Both companies have proven to be profitable and show excellence in growth. In February 2006, Nemetschek acquired SCIA International NV in Belgium and became the No. 1 player in Europe for integrated civil engineering software (CAD / CAE). In December, the group successfully acquired a majority interested (54.3%) in the Hungarian company Graphisoft SE. With the CAD programs Allplan, VectorWorks and Archicad, Nemetschek will in future occupy the leading position in the field of AEC software solutions (Architecture, Engineering, Construction). 'With this acquisition, which is the largest in the history of Nemetschek AG, we are consolidating our position at the top of the industry', explains Homolka. As announced by Graphisoft on February 12, 2007, Graphisoft’s Construction division will be made into an independent company as part of a management buy-out. The Construction division is currently in the development phase and posted a negative net result in 2006. In future only the Architecture division of Graphisoft with an EBIT margin of 35% will leave. Around 92% of Graphisoft sales are generated by this division, and their top product Archicad.


Nemetschek with new innovative solutions and cooperations
In order to support its customers in their business processes as best as possible, Nemetschek is further consistently developing existing software solutions and counting on the collaboration with other leading companies. Thus, Nemetschek and Adobe Systems Inc. will in future work more closely together. The two companies are consolidating their roles as technology leaders with the introduction of PDF as the format of the future for the exchange of data in the building industry. The aim of the strategic alliance is to optimize processes of architects and engineers. In future, all the products in the Nemetschek Group will be able to communicate with each other using pdf or pdf 3D. Nemetschek also entered into a strategic cooperation with Munich-based baulogis GmbH, an internationally active company in the field of Internet-based software solutions for the building and real estate industry. The cooperation encompasses product development, marketing and the expansion of Nemetschek’s sales structures.
The complete annual report 2006 will be published on March 23, 2007 at the press briefing on annual results.

About Nemetschek
The Nemetschek Group is a leading international IT company in the AEC sector (Architecture, Engineering, Construction). The software company develops integrated solutions for the complete life cycle of buildings and real estate – from building design and construction through to facility management. The company’s products are currently used by more than 270,000 companies in 142 countries and in 16 languages to optimize the complete building creation and management process in terms of quality, cost and time. Nemetschek was founded in 1963 by Prof. Nemetschek and has more than 1,000 employees worldwide (2007). For more information, visit www.nemetschek.de


Nemetschek AG
Maren Moisl
Investor Relations
Tel. +49 (0)89 – 9 27 93 1219
Fax +49 (0)89 – 9 27 93 5404
mmoisl@nemetschek.de


DGAP 14.02.2007 

 
Language:     English
Issuer:       Nemetschek AG
              Konrad-Zuse-Platz 1
              81829 München Deutschland
Phone:        +49 (0)89 92 793-0
Fax:          +49 (0)89 927 93-5200
E-mail:       investorrelations@nemetschek.de
WWW:          www.nemetschek.de
ISIN:         DE0006452907
WKN:          645290
Indices:      
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-Bremen, Stuttgart, München, Hamburg, Düsseldorf  
End of News DGAP News-Service  



Back