Report
Nicolas David

Nemetschek SE : Q4 2022 results penalised by macro and transition of Bluebeam but downside on expectations for 2023 now seem limited

>Q4 2022 revenues broadly in line with the latest indications from the company - Yesterday morning, Nemetschek reported its Q4 2022 results. Revenues came in at € 203m, up 8.0% y-o-y, of which +4% at cc. This is in line with our expectations (€ 203.6m up 4.1% at cc) but 1.5% below the consensus (€ 206m). This performance is consistent with the indications we had at our pre-close call: the design business is affected by the impact of the macro situation on the construc...
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

ResearchPool Subscriptions

Get the most out of your insights

Get in touch