ii si mim mi ii mini mi n mini n Auer Bausoftware Crem Maxon Nemetschek Group - Company PresentationJuly 2014
Open the catalog to page 1Nemetschek Group: In brief Strategy Internationalization Industry mega trends I Innovations Financial data Q1 2014 Nemetschek share Why invest?
Open the catalog to page 2* Building Information Modeling 3
Open the catalog to page 3Positioning Nemetschek Group with 12 strong brands Software solutions, innovations and BIM fortheAECM industry (Architecture, Engineering, Construction, Management) More than 1.2 million users Globally present with more than 40 locations in 142 countries Mission & Vision Our claim: Innovative, customer-oriented software solution throughout the lifecycle of buildings Our benchmark: Highest quality, user-friendliness and user benefits Focus on customers Worldwide presence: Intensive sales and service secure customer access, customer proximity and customer satisfaction We drive innovation and digitalization...
Open the catalog to page 411111111111111 I I Jnemetschek What makes us so special Design Build Manage Multimedia Allplan, bim+ Nemetschek covers complete value chain in AECM + Multimedia t tt Strong, entrepreneurial brands: Close involvement with customers, speed, excellence, innovation Value added: Complementarity, specialization, best in class instead of shared services Attractive for potential targets: Integration of different cultures
Open the catalog to page 511111111111111 Inemetschek Agenda Nemetschek Group: In brief Internationalization Industry mega trends I Innovations Financial data Q1 2014 Nemetschek share Why invest?
Open the catalog to page 6Challenges of the AECM industry Time and costs are the critical parameters in the building process, e.g. Airport Berlin, Plan: 2012 completion, 1.7bn EUR, Status: 2017 completion, 5.7bn EUR Further projects: Elbphilharmonie, San Francisco Bay Bridge, Soccer stadium Berlin and many others Industry in transition Digitalization far behind other industries Increasing complexity Less time, less budget More team players New regulations Increasing demands for sustainable building Management of the complete value chain in the building process
Open the catalog to page 7■ The Americas ■ Asia ■ Northern Europe ■ Eastern Europe ■ BIM ■ Web ■ Cloud ■ Collaboration ■ Mobile Processes Data management Usability Content Apps
Open the catalog to page 8International revenue split Revenues 2009: 135.6m EUR Asia/Pacific 5% DACH: Market leading position, solid base, increasing revenues Market position in Americas and Asia strengthened Growth potential abroad 9
Open the catalog to page 9Internationalization: Regions on the agenda Strengthening our position in the Americas, Asia, Northern and Eastern Europe Markets with strong growth prospects and increasing demand Leverage via co-operations, acquisitions and early-stage occupation 10
Open the catalog to page 10AECM industry in transition ■ 2D drawings ■ Slow internet ■ Powerful hardware ■ BIM ■ Cloud computing ■ 5D end-to-end solution ■ Smart/Mobile/Apps ■ Collaboration along the value chain
Open the catalog to page 11BEARING STRUCTURE BUILDING PHYSICS SITE MANAGEMEN PROJECT MANAGEMENT FACILITY MANAGEMENT PRECAST * PART STATIC ANALYSIS
Open the catalog to page 12PROJECT MANAGEMENT FACILITY MANAGEMENT PRECAST * PART Facility Management BEARING STRUCTURE BUILDING PHYSICS STATIC ANALYSIS Cost Management Static Analysis/ Civil Engineering SITE MANAGEMEN Site Management Precast Elements
Open the catalog to page 1311111111111111 Inemetschek Agenda Nemetschek Group: In brief Strategy Nemetschek share Why invest?
Open the catalog to page 14Revenue increased in Q1 2014 in mEUR Successful start in the fiscal year 2014 Q1 2014 revenues increased by 16.7% to 51.0 mEUR
Open the catalog to page 15Well-balanced growth of licenses and services Software licenses: Up by 18.7% to 24.3 mEUR: New customers wins and increasing customer base Software services Software services: Up by 14.3% to 23.8 mEUR: Recurring revenues secure stable growth
Open the catalog to page 16EBITDA increased stronger than revenues in mEUR EBITDA up by 22.3% to 13.2 mEUR EBITDA margin at 25.8%
Open the catalog to page 17I I Net income and EPS up by 37.2% yoy Net income in mEUR EPS in EUR 5,5
Open the catalog to page 18Segment overview in mEUR Vectorworks and Graphisoft showed strong development in main regions Allplan is on track; licenses business picked up Stable development Planned investments Continued growth and well filled customer pipeline EBITDA as expected Stable development High prior year reference quarter, influenced by upgrade specials Margin situation improved 19
Open the catalog to page 19Operating cash flow CapEx Net cash Increased by 46.7% yoy to 20.1 mEUR 0.8 mEUR as expected End of activation period of own worked capitalized 67.0 mEUR (+38.0% compared to year-end 2013) Operating cash flow 20.1 13.7 +46.7% Investing cash flow -1.0 -1.3 growth organically and via acquisitions * Operating cash flow / EBITDA 20
Open the catalog to page 2011111111111111 Inemetschek Agenda Nemetschek Group: In brief Strategy Financial data Q1 2014 Nemetschek share
Open the catalog to page 21Founded: in 1963 IPO: March 10, 1999 Number of shares: 9,625,000 Frankfurt Stock Exchange, Prime Standard Bloomberg: NEM GY, Reuters: NEKG.DE Shares Nemetschek family: 53.57% Freefloat: 46.43 percent Current MarketCap: ~ 650 mEUR Current TecDAX Ranking: 25/32 ■ Prof. Georg Nemetschek ■ Nemetschek Vermogensverwaltungs GmbH & Co KG ■ Free float
Open the catalog to page 22Dividend payment of 1.30 EUR Dividend per share in EUR In total 12.5 mEUR was paid out to the shareholders in May 2014 Since 2009, we paid 49m EUR in total in the last 5 years Dividend increased by 13% to 1.30 EUR per share
Open the catalog to page 23Share price increase and higher visibility through TecDAX Time
Open the catalog to page 2411111111111111 Inemetschek Agenda Nemetschek Group: In brief Strategy Financial data Q1 2014 Nemetschek share
Open the catalog to page 25Strategic market • Clear focus on AECM market positioning • Leading in Open BIM solutions • Strong global brands • Focus on customer needs • Very good reputation at renowned customers Healthy financial • High margin business • Strong cash generation • Healthy balance sheet Growth potential • Attractive, innovative solution portfolio for the AECM industry • Strengthen Nemetschek’s position abroad • Capable of investing in inorganic growth • Driving innovations for an industry whose transformation has just begun
Open the catalog to page 26Market conditions • Sound macroeconomic indicators • Robust development of construction markets • Strong growth expected for BIM products and solutions Long-term • AECM industry is changing growth factors • Trends such as BIM, collaboration, cloud, mobile, web drive the market • Digitalization far behind other industries • Huge potential to benefit
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