DGAP-News

Nemetschek Group presents strong half-year figures: Revenue growth in the second quarter continues to accelerate

DGAP-News: Nemetschek AG / Key word(s): Half Year Results
Nemetschek Group presents strong half-year figures: Revenue growth in
the second quarter continues to accelerate

31.07.2015 / 07:00

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Corporate News

Nemetschek Group presents strong half-year figures:
Revenue growth in the second quarter continues to accelerate

- Revenue rises by 33.8% in Q2 to new high of EUR 68.6 million

- Revenue for the half year increases by 32.2% to EUR 135.2 million

- US acquisition of Bluebeam maintains extremely positive development

- Revenues from software licenses in the half year rise with 45.6% to
record high of EUR 70.4 million

- EBITDA in the first half year rises by 27.4% to EUR 32.6 million

- Outlook for 2015 affirmed


Munich, July 31, 2015 - The Nemetschek Group (ISIN 0006452907) maintained
its dynamic development from the first quarter of 2015 and accelerated
revenue growth in the second quarter. The high level of growth in the first
half of the year, which was primarily non-domestic and with software
licenses, is accompanied by key strategic measures, e.g. investments in
further internationalization of the brands, extension of BIM 5D expertise
and increased sales/distribution and marketing activities.

Dynamic first half year
Group revenue in the second quarter rose to EUR 68.6 million, a growth of
33.8% compared to the same quarter in the previous year (EUR 51.3 million).
In the first half of 2015, revenue increased by 32.2% to EUR 135.2 million
(previous year's period: EUR 102.3 million). Adjusted for currency
fluctuations, revenue in the first half year rose by about 26%. Bluebeam
Software, Inc., acquired as of October 31, 2014, contributed EUR 21.0
million to revenue in the first half year. The Group's purely organic
growth was thus at a high 11.6% and consequently exceeded the target range
of 6% to 9%.

Likewise, earnings before interest, taxes, depreciation and amortization
(EBITDA) rose considerably by 27.4% to EUR 32.6 million after six months
(previous year's period: EUR 25.6 million). The EBITDA margin was 24.1% in
the half year, following 25.0% in the previous year. Forward-looking
investments, e.g. in personnel for sales/distribution and marketing for the
brands, had an impact on the margin.

In the first half year, the tax rate increased to 32.7% (previous year:
28.6%). Deferred tax expenses on unrealized intra-Group foreign exchange
gains had the effect of increasing the tax rate. In the first half of 2015,
net income (Group shares) rose by 7.5% to EUR 15.5 million (previous year's
period: EUR 14.4 million). Accordingly, the earnings per share increased