Report
Nicolas David

Nemetschek SE : Nemetschek announces a trajectory for 2023-2024e that beats expectations

>No major surprises in definitive Q4 2022 results - Yesterday morning, Nemetschek published its definitive Q4 2022 results, in line with the pre-publication in February (group sales and EBITDA). Subscriptions and SaaS came in at € 57.3m, up 40% cc (vs ODDO BHF: € 61.5m) and licences at € 47.9m, down -29.8% cc (ODDO BHF: € 46.8m) and maintenance at € 88m, up 17% (ODDO BHF: € 84.7m). The build segment reported a slightly stronger decline than expected (-5.4% y-o-y cc vs...
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
Oddo BHF
Oddo BHF

​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.

Analysts
Nicolas David

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