Ad-hoc | 4 May 2004 06:55
Nemetschek increases sales revenue and earnings in the first quarter of 2004
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
——————————————————————————–
Nemetschek increases sales revenue and earnings in the first quarter of 2004
Sales revenue grows by 4.4 % / operating result and net income for the year
considerably improved / liquidity increased further / outlook: growth in sales
revenue and earnings set to continue
Munich, May 4, 2004. The Nemetschek Group, a leading supplier of software and
consulting services in the field of building design, construction, and the
management of buildings and real estate, has sustained the positive development
of the 2003 fiscal year in the first quarter of 2004. The company was not only
able to considerably increase earnings, it also achieved a growth in sales once
more. On March 31, group sales had grown by 4.4 % to 23.0 million euros
(previous year: 22.1 million euros). This growth was due to an increase in
domestic sales. Nemetschek was able to increase its operating result at an even
higher rate to 1.0 million euros (previous year: 0.5 million euros). The Group’s
net income for the year rose from 0.1 million euros to 0.5 million euros. On
March 31, 2004, the Nemetschek Group owned liquid assets worth 35.5 million
euros (29.8 million euros on December 31, 2003).
In recent years, Nemetschek has not only implemented extensive restructuring
measures, it also created the basis for growth and profitability by clearly
improving efficiency in all areas of the company. Nemetschek is now confirming
the reversal of the trend and is back on a growth course in a still difficult
environment. In 2004, the Group’s activities are focusing even more strongly on
the market and its customers, in order to further improve sales revenues.
Despite the continuing economic difficulties in the target markets, the Managing
Board’s outlook for 2004 is positive, and they expect sales revenues to
continue to increase slightly, and earnings to develop at a faster rate.
The company will publish its quarterly report on May 21, 2004.
Contact: Investor Relations, Mr. Richard Höll, Nemetschek AG, Konrad-Zuse-Platz
1, 81829 Munich, phone: +49 (0)89/92793-1219, fax: +49 (0)89/92793-5520, e-mail:
Investorrelations@nemetschek.de
end of ad-hoc-announcement (c)DGAP 04.05.2004
——————————————————————————–
WKN: 645290; ISIN: DE0006452907; Index:
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-
Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart
040655 Mai 04