Nemetschek SE: Continued Double-Digit Growth in Q3 2022 Driven by High Demand for Subscription and SaaS
The Nemetschek Group maintained its double-digit percentage growth in revenue and earnings in the third quarter of 2022. The Group’s revenue increased by 19.8% between July and September, while its EBITDA went up by 15.7%. Recurring revenue was again the main driver of growth and reached a new record level as a result of the strong demand for subscription-based and SaaS models in particular.