Nemetschek SE : Slight weakness expected at the design segment, but anticipated by the market
>Q2 sales should be in line. Weakness of the design segment actually limited - Nemetschek is due to publish its Q2 2023 results on 31 July, before market open. We forecast Q2 revenue of € 209m, up 4.1% y-o-y cc, in line with the Visible Alpha consensus (€ 208m). The slowdown in growth (vs 5.5% in Q1) was largely due to the weakness of the European market at the level of the design segment for which revenue should come in at € 101.5m, up +4.8% y-o-y cc, on our estimate...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.