Nemetschek SE: Raised Targets for 2020 Fully Achieved - At Least High Single-Digit Growth with High Profitability in 2021

Key Group figures for 2020

  • Group revenues increased by 7.2% (adjusted for currency effects: 8.3%) to EUR 596.9 million (2019: EUR 556.9 million). This increase in revenues is attributable to both solid organic growth of 5.6% and the first-time revenue consolidation resulting from the Red Giant acquisition in the Media & Entertainment segment.
  • The clear growth driver was recurring revenues from software service contracts and rental models (Subscription + SaaS), which increased by 19.9% (adjusted for currency effects: 21.1%) to EUR 359.0 million and thus already accounted for 60.1% of total revenues (previous year: 53.8%) in 2020. This above-average increase reflects the strategic approach of the business model to increasingly offer rental models. Revenues from Subscription + SaaS increased significantly by 79.6% (adjusted for currency effects: 82.2%) to EUR 90.4 million.
  • Group operating EBITDA for the full year rose by 4.0% (adjusted for currency effects: 4.9%) to EUR 172.3 million (previous year: EUR 165.7 million), resulting in a high EBITDA margin of 28.9%.
  • Due to higher PPA depreciation resulting from the Red Giant acquisition, net income for the year was almost at the previous year's level at EUR 96.9 million (previous year: EUR 97.7 million, adjusted figure before a positive one-off effect from the sale of the minority interest in DocuWare). Accordingly, earnings per share amounted to EUR 0.84 (previous year: EUR 0.85).
  • The increase in the equity ratio to 46.9% (previous year: 40.7%) and the high cash conversion rate of 91.4% demonstrate the Group's healthy financial position, which is geared toward further growth.
  • Nemetschek plans to increase the dividend by around 7% to EUR 0.30 per share (previous year: EUR 0.28 per share). Subject to approval by the Annual General Meeting on May 12, 2021, the total dividend payout would rise to EUR 34.7 million.

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8  Next Page »
Featured Video
Jobs
Senior Principal Software Engineer for Autodesk at San Francisco, California
Machine Learning Engineer 3D Geometry/ Multi-Modal for Autodesk at San Francisco, California
Principal Engineer for Autodesk at San Francisco, California
Mechanical Engineer 2 for Lam Research at Fremont, California
Equipment Engineer, Raxium for Google at Fremont, California
Senior Principal Mechanical Engineer for General Dynamics Mission Systems at Canonsburg, Pennsylvania
Upcoming Events
Digital Twins 2024 at the Gaylord National Resort & Convention Center in, MD. National Harbor MD - Dec 9 - 11, 2024
Commercial UAV Expo 2025 at Amsterdam Netherlands - Apr 8 - 10, 2025
Commercial UAV Expo 2025 at RAI Amsterdam Amsterdam Netherlands - Apr 8 - 11, 2025
BI2025 - 13th Annual Building Innovation Conference at Ritz-Carlton Tysons Corner McLean VA - May 19 - 21, 2025



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
TechJobsCafe - Technical Jobs and Resumes EDACafe - Electronic Design Automation GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise