Report
Farid Bitari ...
  • Nicolas David

Nemetschek SE : Nemetschek should reach the high end of FY 2024 growth guidance range. Confident in 2025

>2024 guidance completely confirmed after very solid Q3 - Yesterday morning Nemetschek reported Q3 2024 results. Sales rose 9.6% yoy LFL (to € 253.0m). This performance was fuelled by Build (15% yoy LFL) which benefited from the acceleration in Bluebeam growth thanks to the transition to subscriptions, combined with a temporary upsurge in Nevaris growth (exceptional licence signatures). Design (+6.3% yoy at cc) was penalised as expected by the demanding comparison ba...
Underlying
Nemetschek SE

Nemetschek is a holding company. Through its subsidiaries, Co. is a software provider for the architecture, engineering, construction, and management industry. Co.'s business activities comprises of 12 brands, which provide solutions for architects, structural designers, and civil and specialist engineers as well as software for cost and schedule planning, tenders, awarding of contracts, invoicing, and execution of building work. There are also solutions for technical facility management and commercial property management as well as for architecture, film, animation and advertising visualization software. Co. organizes its operations into four segments: Design, Build, Manage and Multimedia.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Farid Bitari

Nicolas David

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