COMMUNIQUÉ DE PRESSE

par Mensch Und Maschine Software SE (isin : DE0006580806)

Mensch und Maschine Software SE presenting Q3 Report 2023

EQS-News: Mensch und Maschine Software SE / Key word(s): 9 Month figures
Mensch und Maschine Software SE presenting Q3 Report 2023

19.10.2023 / 08:59 CET/CEST
The issuer is solely responsible for the content of this announcement.


M+M proprietary business back to dominance
- Strongest 9M result in company’s history
- Unchanged positive guidance for 2023/24

Wessling, October 19, 2023 – Mensch und Maschine Software SE (MUM - ISIN DE0006580806), a CAD/CAM/BIM specialist company, achieved the strongest nine months result in the company's history, with a record Q1 driven by high reselling business followed by the return to dominance of proprietary M+M business in Q2 and Q3, resulting in unchanged targets for 2023/24.

Nine months sales amounted to EUR 242.21 mln (PY: 228.25 / +6.1%). After Q1 sales had been up +21% due to Autodesk’s 3YR final peak, the sales curve in Q2/Q3 was slower, as expected. Gross profit climbed disproportionately to EUR 126.00 mln (PY: 116.62 / +8.0%). The swing to proprietary business is clearly visible in gross yield development, which after 45.7% in Q1 jumped to 56.7% in Q2/Q3. 

Operating profit EBIT was increased to EUR 34.41 mln (PY: 30.34 / +13%). EBIT margin rose to 14.2% (PY: 13.3%). Net profit after minority shares grew by +14% to 20.95 mln (PY: 18.39), or 125 Cents (PY: 109) per share. Operating cash flows jumped by +41% to EUR 48.61 mln (PY: 34.44) or 290 Cents/share (PY: 205).

CFO Markus Pech and Chairman Adi Drotleff look out positively to 2023/24: “After the solid first nine months, we can leave the 164-181 Cents/share net profit guidance for 2023 unchanged. Accumulated over the two years 2022/23 this would result in +38-55 Cents surplus over the 126 Cents/share achieved in 2021, or +14-20% p.a. - exactly matching the original 2-year forecast. When attaining this goal, we shall increase the dividend to 155-165 Cents (PY: 140). For 2024 we also expect EPS to grow by +14-20% or +24-34 Cents and plan for +15-25 Cents dividend increase.”

The Q3 report title story is BIM in Civil Engineering, using the example of the Sixth Street Viaduct in Los Angeles, completed in 2022.

 


19.10.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language:English
Company:Mensch und Maschine Software SE
Argelsrieder Feld 5
82234 Wessling
Germany
Phone:+49 (0)815 3933-0
Fax:+49 (0)815 3933-100
E-mail:investor-relations@mum.de
Internet:www.mum.de
ISIN:DE0006580806
WKN:658 080
Indices:Scale 30
Listed:Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich (m:access), Stuttgart, Tradegate Exchange
EQS News ID:1752297

 
End of NewsEQS News Service

1752297  19.10.2023 CET/CEST

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