Nemetschek SE : Set for a good performance in Design in Q1. Confident on guidance
>Set for another good performance in Design in Q1. Slowdown for Build segment - Nemetschek is due to report its Q1 2024 results on 30 April before trading. Based on our recent discussions with the company, we understand, as indicated at the time of FY 2023 results, that Q1 is set to post slightly lower growth vs the FY 2024 guidance (10% to 11% cc). Overall, this is broadly anticipated by the market (ODDO BHF: 9.7% cc; Visible Alpha consensus: 9.2% cc). It is particul...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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