Report
David Vignon

NEMETSCHEK: Read-across and company contact following Q1 results of an Autodesk VAR in DACH | Conviction BUY | EUR80(+36%)

NEMETSCHEK - Conviction BUY | EUR80(+36%)
Read-across and company contact following Q1 results of an Autodesk VAR in DACH

Mensch und Maschine reports lower sales in the Autodesk distribution business
Contact with Nemetschek and Q1 preview: confidence reiterated
Potential for a better-than-anticipated 2021 - Conviction Buy confirmed
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
Bryan Garnier
Bryan Garnier

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.

Analysts
David Vignon

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