Nemetschek Group proposes dividend increase to EUR 0.48 per share
March 15, 2024 at 06:58 am EDT
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EQS-News: Nemetschek SE
/ Key word(s): Dividend
Nemetschek Group proposes dividend increase to EUR 0.48 per share
15.03.2024 / 11:56 CET/CEST
The issuer is solely responsible for the content of this announcement.
Corporate News
Nemetschek Group proposes dividend increase to EUR0.48 per share
Eleventh consecutive dividend increase
Total dividend payout rises to EUR55.4 million
Munich, March 15, 2024 – The Supervisory Board of Nemetschek SE (ISIN 0006452907) 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, a globally leading software provider for digital transformation in the construction and media industries, 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).
This would be the eleventh time in a row that Nemetschek has raised its dividend. With 115.5 million shares, the total dividend payout would increase to EUR 55.4 million (previous year: EUR 52.0 million). The Group will thus continue its long-term dividend policy on the strength of its encouraging business performance in 2023. Even in the current uncertain economic environment, shareholders will participate in the Group’s success through a higher dividend. In 2023, the Group increased its revenue by 6.2% (currency-adjusted: 8.0%) to EUR 851.6 million based on its preliminary figures and achieved an EBITDA margin of 30.3%.
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About the Nemetschek Group
The Nemetschek Group is a globally leading provider of software for digital transformation in the AEC/O and media industries. Its intelligent software solutions cover the entire life cycle of construction and infrastructure projects and allow creatives to optimize their workflows. Customers can plan, construct, and manage buildings and infrastructure more efficiently and sustainably, and develop digital content such as visualizations, films, and computer games in a creative way. The software company drives innovation such as digital twins as well as open standards (OPEN BIM) and sustainability in the AEC/O industries and is continuously expanding its portfolio, including through investments in start-ups. More than 7 million users are currently designing the world with the customer-focused solutions of our four segments. Founded by Prof. Georg Nemetschek in 1963, the Nemetschek Group today employs more than 3,400 experts. The company, which has been listed in the MDAX and TecDAX since 1999, achieved a revenue of EUR 851.6 million and an EBITDA of EUR 257.7 million in 2023 according to preliminary figures.
15.03.2024 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:
Nemetschek SE
Konrad-Zuse-Platz 1
81829 München
Germany
Phone:
+49 (0)89 540459-0
Fax:
+49 (0)89 540459-444
E-mail:
investorrelations@nemetschek.com
Internet:
www.nemetschek.com
ISIN:
DE0006452907
WKN:
645290
Indices:
MDAX, TecDAX
Listed:
Regulated Market in Berlin, Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
Nemetschek SE is a Germany-based software developer for the construction industry. The Company operates through four segments: Design, Build, Manage, and Media and Entertainment. The Design segment focuses on building information modeling (BIM) oriented solutions for computer aided design (CAD) and computer aided engineering (CAE), and comprises the Allplan, Graphisoft, Vectorworks and Scia, among others. The Build segment offers five-dimensional (5D) solutions for building information modeling, from tender, award and final accounting to costing, scheduling and cost accounting, and operates through Nevaris Bausoftware, Bluebeam software and Solibri Oy. The Manage segment operates through Crem Solutions and specializes in information technology (IT) solutions for the administration of complex commercial properties. The Media and Entertainment segment operates through Maxon Computer and develops three-dimensional (3D) modeling, painting, animation and rendering applications.