NEMETSCHEK: Confirmed 2019 preliminary numbers and cautious 2020 guidance | BUY | EUR53(+22%)
NEMETSCHEK - BUY | EUR53(+22%)Confirmed 2019 preliminary numbers and cautious 2020 guidance
Preliminary results confirmed
2020 guidance in-line with our expectations
The long-term trends are not going away
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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