Nemetschek drops on organic growth miss

Nemetschek SE

05/11/2026 08:35

** Shares in German software firm Nemetschek NEKG.DE fall about 5% after it reported weaker-than-expected Q3 organic growth
** The group reports Q3 revenue of €371.1 million ($417.90 million), with organic growth at 12.5% currency-adjusted, below a consensus of 13.6% cited by J.P. Morgan
** JPM says the main miss came from Media, where revenue fell 3.1% currency-adjusted versus expectations for around 3% growth
** JPM says lighter organic growth is the reason for the negative stock reaction
     
     
     
     
     
     
     
     
     
($1 = 0.8880 euros)

(Reporting by Basile Day)
((Basile.Day@thomsonreuters.com))