Today the Nemetschek Group announced its preliminary financial key figures for the 4th quarter and the 2014 financial year.
Record figures for revenue and EBITDA
The Nemetschek Group was able to accelerate its profitable growth course in the fourth quarter. Group sales rose considerably in the 2014 fiscal year to EUR 218.5 million, an increase of 17.5% compared to the previous year (previous year: EUR 185.9 million). Revenue is thus higher than the forecast corridor of EUR 211 to 216 million. In addition to a strong organic growth of 10.0%, growth was driven by the acquisition of the companies Bluebeam and DDS. In the traditionally strong fourth quarter, revenue rose by 25.7% to about EUR 65.0 million (previous year: EUR 51.7 million). Organic growth in Q4 amounted to about 12.6%.
The increase in the operating result was above-average in relation to revenue. With a plus of 23.5%, EBITDA rose to EUR 57.1 million (previous year: EUR 46.3 million). The EBITDA margin improved over the course of one year from 24.9% to 26.1% and was therefore higher than the forecast target corridor of 23% to 25% despite acquisition costs for Bluebeam. On a quarterly basis, we were able to increase EBITDA to EUR 18.3 million, a plus of 26.5% compared to the quarter of the previous year (EUR 14.5 million). The better than anticipated EBITDA margin can be traced back to investments in growth projects which are not yet cash items such as the extension of 5D expertise and the further internationalization, among other things.
“We achieved an extremely positive final quarter and exceeded our forecast targets for the fiscal year,” says Patrik Heider, Spokesman of the Executive Board and CFOO of the Nemetschek Group. “We were able to substantiate our core competency as a globally leading provider of Open BIM solutions in the AEC industry. We have already successfully reached our declared inorganic growth targets within the scope of our newly defined acquisition strategy: With investments in megatrend collaboration and in internationalization with a focus on the US market,” continues Heider.
The detailed and audited figures for the 2014 financial year and guidance for the 2015 financial year are due for publication on Tuesday, March 31, 2015.
