Nemetschek: Q2 earnings
Q2 results were mostly in line with expectations (following the preliminary publication), with the two leading segments, DESIGN and BUILD slightly ahead thanks to some pull-forward and a resilient market, while MANAGE and MEDIA were below due to discontinuations and Hollywood strikes respectively.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.
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