Brief: Mensch und Maschine Software FY EBITDA EUR 12.81 mln, up 18%

Mensch und Maschine Software SE

14/03/2016 07:01

March 14 (Reuters) - Mensch und Maschine Software SE 
 MUMG.DE : 
    * FY net profit after minority shares remained level at 
3.87 million euros  ($4.31 million) (PY: 3.72), or 24 cents (PY: 
24) per share 
    * Group sales 2015 was 160.38 million euros (PY: 
140.02/+14.5 pct) 
    * FY EBITDA before depreciation, amortization, interest and 
taxes climbed to 12.81 million euros (PY: 10.87/+18 pct) 
    * Will propose to annual shareholders' meeting to pay a 
dividend increased by 25 pct to 25 cents (PY: 20) 
    * For 2016 we expect sales above 170 million euros and 
gross margin above 90 million euros 
    * 2016 EBITDA target is approx. 16 million euros  
    * From 2017 onwards an annual 3-4 million euros  EBITDA 
increase should correspond with an annual 2-3 million 
euros/13-20 cents per share net profit improvement 
    * Assuming we achieve these targets we plan to raise 
dividend for year 2016 to 30-35 cents, and then annually by 
approx. 10 cents 
    * Expects roughly a 2016 net profit doubling to approx. 8 
million euros or 50 cents per share 
 
Source text for Eikon:  ID:nEQ86w5xwa  
Further company coverage:  MUMG.DE  
 
($1 = 0.8972 euros) 
 
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