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Mensch und Maschine Software SE
ISIN: DE0006580806
WKN: 658080
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Mensch und Maschine Software SE · ISIN: DE0006580806 · EQS - Company News (30 News)
Country: Germany · Primary market: Germany · EQS NID: 2011113
18 October 2024 08:57AM

Mensch und Maschine Software SE presenting Q3 report 2024


EQS-News: Mensch und Maschine Software SE / Key word(s): 9 Month figures
Mensch und Maschine Software SE presenting Q3 report 2024

18.10.2024 / 08:57 CET/CEST
The issuer is solely responsible for the content of this announcement.


Record figures before new Autodesk model
- Final reselling boost in the third quarter
- EPS target path for 2024/25E confirmed at +17% p.a.

Wessling, October 18, 2024 – Mensch und Maschine Software SE (MUM - ISIN DE0006580806), a CAD/CAM/BIM specialist company, again achieved the strongest 9M figures in the company's history, including a final reselling boost before the switch to the new Autodesk partner model, which has been put into action in September.

9M sales amounted to EUR 270.08 mln (PY: 242.21 / +11.5%), with the final reselling boost being responsible for a +39% peak in Q3 revenue. Gross profit climbed to a record amount of EUR 135.05 mln (PY: 126.00 / +7.2%), with Q3 alone rising by +9.4% after +6.2% in the first six months.

9M EBIT at EUR 38.10 mln (PY: 34.41 / +11%) was also on record level, growth in Q3 increased to +25% after +6.3% in the first half year. Net profit after minority shares grew by +14.6% to 24.39 mln (PY: 21.28), or 144 Cents (PY: 127) per share. Q3 alone rose by 31.5 percent. Operating cash flow continues to soar and came in slightly above the previous year at a record EUR 52.78 mln (PY: 48.61) or 312 Cents/share (PY: 290).

After the solid first nine months, M+M CFO Markus Pech and Chairman Adi Drotleff are confirming the 2024 target ranges of +8-10% for gross profit and +10-20% for EPS to 189-206 Cents/share, as well as the 185-195 Cents dividend target (PY: 165). For 2025 they continue to expect a steeper profit growth of +12-25% and are planning +25-35 Cents more in dividends. Over the two-year period 2024/25E, the average EPS target path thus remains at the +17% per year achieved in 2022/23.

The actual cover story of the Q3 report 2024: “Digital twins for Industry, Manufacturing and Process Engineering.”
 


18.10.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Mensch und Maschine Software SE
Argelsrieder Feld 5
82234 Wessling
Germany
Phone: +49 (0)815 3933-0
Fax: +49 (0)815 3933-100
E-mail: investor-relations@mum.de
Internet: www.mum.de
ISIN: DE0006580806
WKN: 658 080
Indices: Scale 30
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich (m:access), Stuttgart, Tradegate Exchange
EQS News ID: 2011113

 
End of News EQS News Service

2011113  18.10.2024 CET/CEST

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EQS Group AG ©2024
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Contact:
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+49 (0) 89 444 430-000

 

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