Mensch & Maschine Software - Group returns to growth in Q221
Mensch und Maschine (M+M) reported 4.4% y-o-y revenue growth for H121, driving 10.7% growth in operating profit and 10.0% growth in EPS. In Q221, the group returned to revenue growth (+23.1% y-o-y) after four quarters of mainly COVID-19-related weakness. Management maintained its outlook for FY21 EPS growth of 12–21% and introduced revenue guidance for growth of 6–10%, which implies H221 revenue growth of 8–16% y-o-y.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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