Nemetschek SE : A solid report, underappreciated by the market
>Q3 revenue beats expectations by 2% thanks to forex; in line at cc - Nemetschek released its Q3 2022 results on Thursday morning and they came out better than expected. Revenue reached € 204m, beating expectations by 2% thanks to a stronger forex impact, while growth at constant currencies came out in line at 11.8% y-o-y (ODDO BHF: € 200m, +11.5% cc; consensus: € 199m). Subscription/SaaS revenue was the group’s main growth driver more than ever, delivering +47.1% y-...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.