Nemetschek SE

Earnings Release • Oct 31, 2012

News Details

Corporate | 31 October 2012 07:10

Nemetschek AG: Nemetschek defies negative market trends

Nemetschek AG / Key word(s): Quarter Results

31.10.2012 / 07:10

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Corporate News

Nemetschek defies negative market trends

– Group revenue Q3 rises 11 percent to EUR 43.3 million (EBITDA margin: 24%)

– Group revenue 9M rises 8 percent to EUR 127.7 million (EBITDA margin: 22%)

– Net liquidity increases by 31 percent to EUR 37.8 million

Munich, October 31, 2012 – Nemetschek AG (ISIN 0006452907), a leading global software provider for the architecture, engineering and construction market (AEC), today published its interim report on the first nine months of 2012.

Despite a slight weakening of the European construction sector and a general deterioration of the economic environment, the third quarter of 2012 was successful for the Nemetschek Group. Group revenue climbed by 11 percent to EUR 43.3 million. The result before interest, taxes and depreciation (EBITDA) climbed in comparison by 6 percent to EUR 10.2 million. The EBITDA margin amounted to 24 percent. The trend was supported by a continuing positive development in the internationalization of the company.

The positive developments in the third quarter, under the management of Tanja Tamara Dreilich, could not, however, compensate for the business development which lay below expectations in the first half year. In the first nine months Group revenue rose 8 percent to EUR 127.7 million. EBITDA rose in comparison by 2 percent to EUR 28.4 million. The EBITDA margin amounted to 22 percent.

The developments of the first half year still continue to place a heavy burden, even on the largest subsidiary of the Group, Nemetschek Allplan. Tanja Tamara Dreilich, sole Executive Board member of Nemetschek AG, comments on this: 'In the third quarter the Executive Board analyzed the situation together with the new management of Allplan, as well as introducing initial steps towards raising profitability. These are already showing the first signs of success.'

On the basis of a realistic scenario the Executive Board of Nemetschek AG sticks to the outlook for the full year 2012 published in July 2012. According to this, revenue is expected to reach at least EUR 175 million with EBITDA at previous year's level. This also comprises the costs of the steps planned for 2012 as part of the optimization of Allplan.

The complete report on company development in the first nine months of 2012 can be found on the internet pages of the company at http://www.nemetschek.com/home/investor_relations/publikationen.html ready for downloading.

For further information on the company please contact

Nemetschek AG

Ingo Middelmenne

Head of Investor Relations

+49 89 92793 1216

imiddelmenne@nemetschek.com

About Nemetschek AG:

Nemetschek is a leading global software provider for the architecture, engineering and construction (AEC) market. Headquartered in Munich, Germany, it serves with its 10 brands more than 300,000 customers in 142 countries from 40 locations worldwide. Founded in 1963 by Prof. Georg Nemetschek, the group focuses on innovations such as Open Building Information Modeling (Open BIM) for the AEC market of tomorrow. Publicly listed since 1999, Nemetschek achieved revenues in 2011 of EUR 164 million.

Consolidated Statement of Comprehensive Income

In millions of Euro	Q3 2011	Q3 2012	% change
Revenues	38.8	43.3	+11%
of which software and licenses	18.2	20.9	+15%
of which service contracts	18.8	20.3	+8%
EBITDA	9.6	10.2	+6%
Margin	25%	24%
Net income (Group shares)	4.2	4.7	+11%
Earnings per share	0.44	0.49

In millions of Euro	9M 2011	9M 2012	% change
Revenues	117.9	127.7	+8%
of which software and licenses	56.7	61.9	+9%
of which service contracts	55.3	59.1	+7%
EBITDA	27.9	28.4	+2%
Margin	24%	22%
Net income (Group shares)	13.3	13.0	-2%
Earnings per share	1.38	1.35

Development of business segments

In millions of Euro	9M 2011	9M 2012	% change
Design
Revenues	95.0	103.3	+9%
EBITDA	19.6	19.5	-1%
Margin	21%	19%
Build
Revenues	10.1	10.6	+5%
EBITDA	3.3	3.8	+15%
Margin	33%	36%
Manage
Revenues	2.7	3.0	+11%
EBITDA	0.3	0.4	+35%
Margin	10%	12%
Multimedia
Revenues	10.1	10.7	+6%
EBITDA	4.6	4.6	+0%
Margin	46%	43%

End of Corporate News

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Language:	English
Company:	Nemetschek AG
	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
Listed:	Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart

End of News	DGAP News-Service

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190876  31.10.2012