Germany's Mensch und Maschine Q1 sales, profit rise to record high on software strength

Mensch und Maschine Software SE

21/04/2026 08:04

Overview

Germany CAD/CAM/BIM specialist's Q1 sales rose 8.4% yr/yr to a record high

EBIT and net profit grew by double digits, reaching historical records

Company attributed growth to strong software business and lower costs after personnel consolidation

Outlook

Company confirms 2026 EBIT guidance of EUR 54.5-58.5 mln

Mensch und Maschine expects 2026 EPS of 211-226 cents, up 11-19%

Company plans 2026 dividend of 220-240 cents per share

Result Drivers

SOFTWARE SEGMENT - Company said strong M+M Software business was a key growth driver

COST CONTROL - Lower costs after personnel consolidation supported profitability

DIGITIZATION SEGMENT - Weak gross profit growth in Digitization was offset by lower segment expenses

Company press release: ID:nEQ84NvvNa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
EUR 71.56 mln
EUR 71 mln (1 Analyst)
Q1 Net Income
EUR 11.92 mln
Q1 EBIT
EUR 18.32 mln
Q1 Gross Profit
EUR 51.57 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

Wall Street's median 12-month price target for Mensch und Maschine Software SE is €52.50, about 39.6% above its April 20 closing price of €37.60

The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 19 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)