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NEM - Nemetschek SE News Story

€76.62 0.4  0.5%

Last Trade - 4:35pm

Sector
Technology
Size
Large Cap
Market Cap £7.39bn
Enterprise Value £7.37bn
Revenue £548.9m
Position in Universe 135th / 1058

BRIEF-Nemetschek Q3 Net Income Up At EUR 34.2 Million

Thu 28th October, 2021 6:02am
Oct 28 (Reuters) - NEMETSCHEK SE  NEKG.DE :
    * Q3 NET PROFIT ROSE 35.7 PERCENT TO 34.2 MILLION EUR
    * Q3 EPS ROSE 35.7 PERCENT TO 0.30 EUR
    * DGAP-NEWS: NEMETSCHEK GROUP: STRONG BUSINESS DEVELOPMENT
IN Q3
2021 WITH HIGH GROWTH MOMENTUM IN SUBSCRIPTION/SAAS MODELS
    * Q3 +48.0% REVENUE GROWTH IN SUBSCRIPTION/SAAS MODELS TO
EUR 34.5
MILLION IN Q3
    * +13.9% GROUP REVENUE GROWTH TO EUR 169.3 MILLION
    * +16.4% EBITDA GROWTH IN Q3 TO EUR 54.4 MILLION, EBITDA
MARGIN
INCREASES TO 32.1%
    * +35.7% GROWTH IN EARNINGS PER SHARE TO EUR 0.30 IN Q3
    * PREVIOUSLY RAISED 2021 GUIDANCE FOR REVENUE GROWTH AND
EBITDA
MARGIN EXPECTED TO BE AT UPPER END OF TARGET RANGE
    * NET INCOME FOR QUARTER INCREASED SIGNIFICANTLY BY 35.7% TO
EUR
34.2 MILLION (PREVIOUS YEAR: EUR 25.2 MILLION)

Source text for Eikon:  ID:nEQ7Pzzg8a 
Further company coverage:  NEKG.DE 

 (Reporting by Berlin Newsroom)
 ((berlin.newsroom@thomsonreuters.com;))
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