Wessling, October 22, 2018 - After a strong third quarter with dynamic growth, Mensch und Maschine Software SE (MUM - ISIN DE0006580806), a CAD/CAM specialist company, has emphatically underlined the ambitious 2018 goals: After +22% in Q1 and +40% in Q2, EBITDA in Q3 increased by +52%, resulting in +34% after nine months.
Growth drivers were both M+M's proprietary Software around its flagship CAM offerings as well as the VAR segment, where in Q2 and Q3 many Autodesk maintenance contracts were converted to subscription.
9M group sales increased to EUR 133.55 mln (PY: 115.47 / +16%), with M+M Software contributing EUR 40.08 mln (PY: 36.00 / +11%) and the VAR Business contributing EUR 93.47 mln (PY: 79.48 / +18%).
Nine months group gross margin increased to EUR 75.52 mln (PY: 68.56 / +10%), with EUR 39.18 mln (PY: 34.97 / +12%) from the Software segment and EUR 36.34 mln (PY: 33.59 / +8.2%) from VAR Business.
Operating profit EBITDA before depreciation, amortization, interest and taxes jumped to a 9M record EUR 15.32 mln (PY: 11.44 / +34%), with EUR 10.09 mln (PY: 8.31 / +21%) from Software and EUR 5.23 mln (PY: 3.13 / +67%) from the VAR Business.
Net profit after minority shares soared by a remarkable +41% to EUR 7.61 mln (PY: 5.40), or 47 Cents (PY: 33) per share. Operating cash flows at EUR 11.04 mln (PY: 13.02) continued to be significantly above net profit.
CEO Adi Drotleff happily states: 'The ambitious EBITDA 2018 target range of EUR 22-23 mln (PY: 18.04 / +22% to +28%) is now very well underlined. The same is true for the net profit target range of EUR 11-12 mln (PY: 8.55 mln / +30% to +40%) and EPS 67-73 Cents (PY: 52.5), as well as the 62-68 Cents (PY: 50 / +24% to +36%) dividend plan.'
22.10.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
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Mensch und Maschine Software SE is a Germany-based provider of software solutions in the field of Computer Aided Design (CAD), Computer Aided Manufacturing (CAM), Product Data Management (PDM) and Building Information Management (BIM). It focuses on the areas industry and mechanical engineering, construction and architecture, electrical engineering and plant construction, data management, industrial design, animation and entertainment and infrastructure management. Along with software development, the Company provides related support service. The Company is present in Germany, Austria, Switzerland, France, Italy, the United Kingdom, Poland, Romania, Spain, the United States, Brazil, Japan and in the Asia-Pacific region.
MENSCH UND MASCHINE SOFTWARE SE 
