Nemetschek AG

ots Ad hoc-Service: Nemetschek AG First-half Report

The sender is solely responsible for the contents of this announcement. ---------------------------------------------------------

    Munich (ots Ad hoc-Service) -      

    Nemetschek AG with Good Figures

    Sales up by 20.7 percent to 128.8 million DM / operating profit increases by 28.3 percent to 14.2 million DM / DVFA-SG result before goodwill amortization, up by 54.3 percent, reaches 9 million DM or 0.94 DM per share / Internet company MYBAU.COM due to go online end of October / restrained overall development

    Nemetschek AG, one of the world's leading vendors of information technology and consulting services for building design, construction and management, and fourth largest vendor of standard software in Germany, once again recorded good sales and profit figures in Q2 of 2000. Between January and June, the Group managed to increase sales by 20.7 percent to 128.8 million DM (first half 1999: 106.7 million DM). The operating profit rose to 14.2 million DM, a year-on-year increase of 28.3 percent (11 million DM). This represents a profit-turnover ratio of 11 percent (10.3 percent). The operating profit before goodwill amortization amounted to 17.6 million DM, up by 40.4 percent from the same period last year (12.5 million DM). Nemetschek AG has also recorded a significant improvement in the cash-flow: The period cash-flow according to DVFA-SG increased in the first six months by 36 percent to 13.7 million DM (first half 1999: 10.1 million DM).

    The DVFA-SG result before goodwill amortization for the period under review increased by 54.3 percent to 9 million DM from 5.9 million DM in the first half of 1999. This represents a result of 0.94 DM per share before goodwill amortization compared with 0.61 DM in the previous year.

    The focus of company activities is currently on setting up the Internet company MYBAU.COM AG, which is due to go online in Q4. MYBAU.COM is expected to become the leading marketplace and business magnet for e-commerce, e-business and e-services in the construction industry. Nemetschek AG is planning to invest a total of approximately 60 million DM. Sales of 16 million DM are expected to be achieved in the first full business year (2001).

    For the year 2000 as a whole, the managing board expects the overall development to be good, though restrained. Low activity in the building industry, the delayed launch of a new generation of software and the expenses for the Internet company are slowing down growth. Sales are expected to attain approximately 300 million DM per December 31 with an operating profit of around 45 million DM.

    For additional information, contact:

    Hermann Zimmermann Engel & Zimmermann AG Agentur für Wirtschaftskommunikation Am Schlosspark 15 D-82131 Gauting, Phone +49 (0)89 - 89 35 63-3 Fax +49 (0)89 - 89 39 84 29

End ----------------------------------------------------- Internet:

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

Weitere Meldungen: Nemetschek AG

Das könnte Sie auch interessieren: