Nemetschek SE : Q3 set to be robust, as expected, ahead of a sharp acceleration in Q4
>Set for another solid performance in Q3, as indicated in July - Nemetschek is set to report its Q3 2024 results on 7 November before trading. Following a company contact, we understand that the group is likely to post a performance in line with the management’s comments at the Q2 earnings report. We now look for Q3 growth of 8% organic, in line with current consensus forecasts. This performance stems from i/ an acceleration from Build (ODDO BHF: +11.0% organic exclud...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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