NEMETSCHEK: A great time to be a leader in construction tech – Strong Q2, FY guidance raised | CONVICTION BUY TOP PICKS | EUR82(+16%)
NEMETSCHEK - CONVICTION BUY TOP PICKS | EUR82(+16%)A great time to be a leader in construction tech – Strong Q2, FY guidance raised
Q2 results significantly ahead of expectations
FY21 outlook raised – mid-point 8% above consensus at the EBITDA level
Conviction Buy and Q3 Top Pick reiterated
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.
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
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