Nemetschek AG

ots Ad hoc-Service: Nemetschek AG SUCCESSFUL Q1 FOR NEMETSCHEK AG

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    Munich (ots Ad hoc-Service) -      
    Sales up by 26 per cent to DM 60 million / Operating profit of DM
7.6 million represents increase of almost 40 per cent from last year
/ DVFA/SG result improves by almost 45 per cent before goodwill

    Nemetschek AG, one of the world's leading vendors of information
technology and consulting services for building design, construction
and management, and third largest vendor of standard software in
Germany, continues to grow in fiscal 2000 with good sales and profit
results in Q1. As Professor Georg Nemetschek, group chief executive,
announced, sales increased by 26 per cent from DM 48 million in Q1/99
to DM 60 million in Q1/2000. The development in the core business
units Architecture, Civil Engineering and Building Industry in
particular was positive. Domestic growth amounted to 16 per cent,
while growth abroad was 50 per cent. The share of total sales
contributed by foreign subsidiaries during the period under review
came to 31 per cent.

    In the first three months of 2000 the operating profit for the Nemetschek Group was DM 7.6 million. This represents an increase of 40 per cent compared with the same period last year (DM 5.4 million) and a profit-turnover ratio of 12.7 per cent (11.4 per cent). This includes goodwill amortization of DM 1.7 million. The DVFA/SG result for the current period before goodwill amortization rose by 45 per cent to DM 4.3 million (3.0 million). Taking goodwill amortization into account, this represents an increase of 16 per cent to DM 2.5 million (2.2 million). The current inflow from the operating profit according to DVFA/SG increased from DM 4.7 million in 1999 to DM 7.0 million in 2000. The inflow of funds from ordinary activities was above average, rising from DM 2.9 million to DM 19.5 million.

    The Group is aiming to achieve overall sales of DM 330 million in the current fiscal year, which represents a growth rate of approx. 35 per cent while increasing profit on an above-average basis. The focus of company activities is currently on the foundation of the Internet company AG, which is due to go online in Q4. is expected to become the leading marketplace and business magnet for e-commerce, e-business and e-services in the construction industry.

      For more information, contact: Dr. Perry Reisewitz Engel &
Zimmermann AG, Agentur für Wirtschaftskommunikation Schloss Fußberg,
Am Schlosspark 15, D-82131 Gauting, Germany Phone: +49 (0)89/89 35
63-3, Fax: +49 (0)89/89 39 84 29 E-mail:

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Original-Content von: Nemetschek AG, übermittelt durch news aktuell

Weitere Meldungen: Nemetschek AG

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