- Revenue increase of 16.7% to EUR 51.0 million
- Above-proportional EBITDA growth to EUR 13.2 million (+22.3%)
- EBITDA margin climbs to 25.8%
- Earnings per share significantly higher than in previous year at EUR 0.78 (+37.2%)
Nemetschek AG had a successful start to the new fiscal year 2014 and was able to continue its growth course, both in terms of revenues and earnings.
Above-proportional earnings growth
Overall, in the first three months group revenues climbed by 16.7% to EUR 51.0 million (previous year: EUR 43.7 million). The earnings before interest, taxes and depreciation (EBITDA) improved above-proportionally compared to revenues. Up by 22.3% EBITDA rose to EUR 13.2 million as at the end of the first quarter 2014 (previous year: EUR 10.8 million). The EBITDA margin improved accordingly to 25.8% (previous year: 24.6%). The above-proportional increase in earnings is also reflected in net income for the period: at EUR 7.5 million, net income for the year (group share) was 37.2% higher than in the previous year (EUR 5.5 million). Accordingly, earnings per share rose to EUR 0.78 from EUR 0.57 in the previous year.
To view an unabridged version of this press release, visit: http://www.nemetschek.com/fileadmin/user_upload/Veroeffentlichungen/Corporate_News/2014_04_30_EN_Nemetschek_AG.pdf
