The Nemetschek Group increased its revenues in the first half of 2014 by 15.6% to EUR 102.3 million (previous year: EUR 88.5 million). On a quarterly basis, revenues rose to EUR 51.3 million, a growth of 14.6% compared to the previous year's quarter (EUR 44.8 million). Again, there was an above-average increase in earnings from operative activities compared to revenues. With a plus of 25.5%, EBITDA rose to EUR 25.6 million in the first six months of 2014 (previous year: EUR 20.4 million). The EBITDA margin improved by 2 percentage points to 25.0% (previous year: 23.0%). From a quarterly perspective, EBITDA grew in the second quarter to EUR 12.4 million, an increase of 29.2% compared to the previous year's quarter. Net income for the year (Group shares) improved considerably in the first half of 2014: at EUR 14.4 million, it was 38.8% higher than that of the previous year (EUR 10.4 million). Accordingly, the earnings per share rose from EUR 1.08 in the previous year to EUR 1.50. On a quarterly basis, net income for the year (Group shares) rose by 40.7% to EUR 6.9 million, which corresponds to an earnings per share of EUR 0.72.
Increase in revenues at home and abroad at high level
Domestic revenues rose by 16.4% to EUR 41.1 million in the first half of 2014 (previous year: EUR 35.3 million). Abroad it was possible to increase revenues by 15.1% to EUR 61.2 million (previous year: EUR 53.2 million).
Double-digit growth with software licenses and software service contracts
With a plus of 17.2%, revenues from software licenses rose to EUR 48.3 million in the first half (previous year: EUR 41.3 million). It was possible to increase revenues from software service contracts to EUR 48.5 million, a plus of 14.6% compared to the previous year (EUR 42.3 million). Double-digit growth in the two divisions ensures recurring revenues through service contracts and thriving business from new customers through licenses.
"The Nemetschek Group continued its successful development in the second quarter and was again able to considerably increase revenues and earnings. In addition to strong business in Germany, the international growth course also continued, for example, in Asia," says Patrik Heider, CFOO and Spokesman of the Executive Board of the Nemetschek Group. "We are very happy that our software licenses are back in growth mode and that we are gaining new customers," adds Heider.
To view an unabridged version of this press release, visit: http://www.nemetschek.com/fileadmin/user_upload/Veroeffentlichungen/Corporate_News/2014_07_31_EN_Nemetschek_AG.pdf
