Nemetschek SE : 2024 guidance reiterated despite a more demanding comparison base
>Q3 driven by several one-offs, but the underlying numbers are also good - After releasing preliminary Q3 revenue and EBITDA after trading on Monday, Nemetschek reported its full quarterly results yesterday before trading, including details of performance by division. A conference call was also held.As mentioned on Monday, these details show that Q3 revenue (€ 220m, up 12.6% at constant exchange rates) benefited from early licence purchases, both in (i) the Build...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.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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