Nemetschek SE

Earnings Release • Oct 8, 1999

News Details

Ad-hoc | 8 October 1999 11:31

Ad hoc-Service: Nemetschek AG English

Ad-hoc announcement sent by DGAP. The sender is solely responsible for the contents of this announcement. —————————————————————————— Nemetschek achieves record sales growth of 35 per cent in first three quarters Nemetschek on track to meet ambitious 1999 sales target MUNICH – Nemetschek AG is entering the year-end business season after recording a 35 per cent increase in sales growth from the same period last year. The Group finished the period through September 30 with sales at DM 151 million (up from DM 112 million in 1998) and above-average sales growth in the third quarter. Companies acquired in 1999 are not reflected in the figures. The Munichbased company is thus bound to achieve its annual targets for 1999. Taking the companies acquired in 1999 into account, Nemetschek AG will even exceed its DM 241 million sales target (excluding acquisitions in 1999) for the current business year. Since going public in March 1999, the Group has either acquired interests in or taken over four companies. An additional company, Nemetschek direct GmbH, with a clear focus on the growing ecommerce market, was founded in September. Nemetschek AG is due to profit from the disproportionate year-end business that is typical of the IT industry. In addition to this, Nemetschek’s latest hardware and software solution, the Nemetschek D-Board, has been greeted with great acclaim. The D-Board is a digital drawing board that lets users design, draft and write with a pen. With this product, the company has brought out a tool that is revolutionary for the manner in which computers are used. The company aims to supply hardware and software that is so easy to use that no instruction manuals are required. Munich, October 08, 1999 For more information, contact: Nemetschek AG Investor Relations Gerhard Weiss Tel. +49 (0)89-9 27 93-335 Fax: +49 (0)89-9 27 93-309 Nemetschek AG Public Relations Reimer Grundmann Tel. +49 (0)89-9 27 93-305 Fax: +40 (0)89-9 27 93-308 End of Message