Preliminary results for the financial year 2024 - Revenue growth exceeds outlook, profitability slightly above forecasted range
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EQS-Ad-hoc: Nemetschek SE / Key word(s): Preliminary Results/Annual Results Nemetschek Group preliminary results for the financial year 2024: Revenue growth exceeds outlook, profitability slightly above forecasted range Munich, January 20, 2025 – According to preliminary and unaudited figures, the Nemetschek SE (ISIN 0006452907) increased its group revenue (including GoCanvas) strongly by around 17% to approx. EUR 996 million in 2024 due to a very strong business development at the end of the fourth quarter in the Design and Build segments. In particular, in the Design segment, one-off effects from last-time sales of perpetual licenses as well as very successful campaigns to migrate existing customers from maintenance to subscription contracts had a strong positive effect. The revenue contribution to the growth from the first-time consolidation of GoCanvas was in line with the outlook at around 3 percentage points. The organic (i.e. excluding the acquisition effects of GoCanvas) and currency-adjusted revenue growth amounted to around 14% and was therefore above the previously announced target range of 10% to 11%. According to preliminary figures, the reported EBITDA margin (i.e. including GoCanvas) as well as the preliminary organic EBITDA margin (excluding the dilutive effect of the GoCanvas lower profitability and purchase price allocation effects) are both expected to be slightly above the upper end of the respective guidance ranges of 29% to 30% (reported, including GoCanvas) and 30% to 31% organic (excluding GoCanvas). The growth in Annual Recurring Revenues (ARR) including the consolidation of GoCanvas is expected to be slightly above 40% and therefore as forecasted higher than 30%. At around 86%, the share of recurring revenues in total revenues is expected to be in line with the outlook of around 85%. The final and audited figures for the financial year 2024 will be published as planned on March 20, 2025, together with additional detailed information on the business performance in 2024 and the outlook for the financial year 2025. All figures stated in this release for the financial year 2024 are preliminary and unaudited. Definitions of the key performance indicators can be found in the Nemetschek SE annual report for the financial year 2023 on page 48 (available at: https://ir.nemetschek.com/report). Contact: Stefanie Zimmermann VP Investor Relations & Corporate Communication NEMETSCHEK SE Konrad-Zuse-Platz 1 81829 Munich P: +49 89 540459-250 M: +49 175 7211197 End of Inside Information
20-Jan-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | Nemetschek SE |
| Konrad-Zuse-Platz 1 | |
| 81829 München | |
| Germany | |
| Phone: | +49 89 540459-0 |
| Fax: | +49 89 540459-444 |
| E-mail: | investorrelations@nemetschek.com |
| Internet: | www.nemetschek.com |
| ISIN: | DE0006452907 |
| WKN: | 645290 |
| Indices: | MDAX, TecDAX |
| Listed: | Regulated Market in Berlin, Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 2071057 |
| End of Announcement | EQS News Service |
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2071057 20-Jan-2025 CET/CEST
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