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The Nemetschek Group is optimistic for the current year after a successful financial year 2023. For 2024, the MDAX and TecDAX-listed Group is expecting a return to a currency-adjusted double-digit growth in the range of 10% to 11%. The EBITDA margin is forecasted to remain at a high 30% to 31% range.
The Supervisory Board of Nemetschek SE approved at today’s meeting the Executive Board’s proposal for a further increase in the dividend. The Supervisory Board and Executive Board of Nemetschek SE are proposing to the Annual General Meeting on May 23, 2024 to increase the dividend for the 2023 financial year by 6.7% to EUR 0.48 per share (previous year: EUR 0.45 per share).
The Nemetschek Group, a globally leading software provider for digital transformation in the construction and media industries, has successfully concluded the financial year 2023. According to preliminary figures, the Nemetschek Group clearly achieved its guidance for revenue growth and profitability for the financial year, which was already increased in October.
The Nemetschek Group reported strong, profitable growth in the third quarter of 2023. Based on the successful operational development so far, the Executive Board has increased the revenue guidance for the financial year 2023 and specified the guidance for the EBITDA margin. The currency-adjusted revenue growth compared to the previous year is now expected in a range between 6% and 8%.
The Nemetschek Group is on track to achieve its full-year guidance after the first six months of 2023. The MDAX-listed Group continued to successfully transition its business model from license to subscription and SaaS offerings in the second quarter of 2023, reaching its peak in 2023. This is reflected in the continued very strong growth of this revenue category.
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