Mensch & Maschine Software - FY21 outlook confirmed
After returning to growth in Q221, Mensch und Maschine (M+M) reported 15.3% y-o-y revenue growth and 10.6% EBIT growth for Q321. Management maintains its outlook for FY21 revenue growth of 6–10% and EPS growth of 12–21% and expects to report a record performance for the year in both sales and earnings.Mensch und Maschine Software is a global enterprise based in Germany. Its business activities are concentrated in the fields of CAD and CAM (Computer Aided Design & Manufacturing) solutions, which it divides into four industry segments: Mechanical engineering solutions segment (about 50% of Co.'s business); Construction industry and building services segment (approximately 25% of Co's activities); Gardening and landscaping segment (about 15% of Co.'s business); and the Electrical engineering segment (about 10% of Co.'s business). In addition, Co. divides its business operations into three sections: Distribution,VAR Business and Software.
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