DGAP-News

RIB Software AG (RIB) continues its strong growth - Software licence revenue grows by 86.8% in Q2

DGAP-News: RIB Software AG / Key word(s): Half Year Results
RIB Software AG (RIB) continues its strong growth - Software licence revenue
grows by 86.8% in Q2

29.07.2016 / 06:50
The issuer is solely responsible for the content of this announcement.

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RIB Software AG (RIB) continues its strong growth - Software licence
revenue grows by 86.8% in Q2

- Total revenue increased by 26.6% to EUR 49.9 million in the 1st half of
the year

- Software licence revenue grows by 70.1% in the 1st half of the year

- Operating EBITDA* increased by 25.9% to EUR 13.6 million in the first 6
months of 2016

Stuttgart, 29 July 2016. RIB Software AG (ISIN DE000A0Z2XN6), leading in
the world market in the sector 5D BIM End-to-End business solutions for the
construction industry, announces its financial figures for the 1st half of
2016.

Due to a successful first half of the year, the Group's revenue increased
by 26.6% to EUR 49.9 million (previous year: EUR 39.4 million).
International revenue increased by 31.3% to EUR 25.6 million (previous
year: EUR 19.5 million). Revenue in Germany grew by 22.7% to EUR 24.3
million (previous year: EUR 19.8 million). Adjusted for acquisitions,
overall sales grew by 15.7% to EUR 45.6 million during the first six months
(previous year: EUR 39.4 million). Software licence revenue developed very
positively and increased by 70.1% to EUR 14.8 million (previous year: EUR
8.7 million). This includes iTWO revenue of EUR 11.1 million (previous
year: EUR 7.3 million). iTWO 5D's key account software revenues increased
significantly by 78.6% to EUR 5.0 million (previous year: EUR 2.8 million).
The iTWO software revenues in the mass market grew by 35.6% to EUR 6.1
million (previous year: EUR 4.5 million). In the xTWO (e-commerce)
reporting segment, revenue increased by 42.3% to EUR 3.7 million (previous
year: EUR 2.6 million) during the reporting period.

With an increase of 25.9%, the operating profit before interest, tax and
depreciation (operating EBITDA*) rose in the first half of the year to EUR
13.6 million (previous year: EUR 10.8 million). Operating EBITDA* in the
iTWO reporting segment increased by 30.4% to EUR 14.6 million (previous
year: EUR 11.2 million) and the operating EBITDA margin rose during the
reporting period to 31.7% (previous year: 30.4%). Despite high depreciation
of the Purchase Price Allocation (PPA) in the amount of EUR 2.1 million
(previous year: EUR 1.4 million) and start-up losses in the xTWO segment