Mensch und Maschine Software SE / DE0006580806
18.10.2024 - 08:57:42Mensch und Maschine Software SE presenting Q3 report 2024
| Mensch und Maschine Software SE / Key word(s): 9 Month figures 18.10.2024 / 08:57 CET/CEST The issuer is solely responsible for the content of this announcement. Record figures before new Autodesk model - Final reselling boost in the third quarter - EPS target path for 2024/25E confirmed at +17% p.a. Wessling, October 18, 2024 – Mensch und Maschine Software SE (MUM - ISIN DE0006580806), a CAD/CAM/BIM specialist company, again achieved the strongest 9M figures in the company's history, including a final reselling boost before the switch to the new Autodesk partner model, which has been put into action in September. 9M sales amounted to EUR 270.08 mln (PY: 242.21 / +11.5%), with the final reselling boost being responsible for a +39% peak in Q3 revenue. Gross profit climbed to a record amount of EUR 135.05 mln (PY: 126.00 / +7.2%), with Q3 alone rising by +9.4% after +6.2% in the first six months. 9M EBIT at EUR 38.10 mln (PY: 34.41 / +11%) was also on record level, growth in Q3 increased to +25% after +6.3% in the first half year. Net profit after minority shares grew by +14.6% to 24.39 mln (PY: 21.28), or 144 Cents (PY: 127) per share. Q3 alone rose by 31.5 percent. Operating cash flow continues to soar and came in slightly above the previous year at a record EUR 52.78 mln (PY: 48.61) or 312 Cents/share (PY: 290). After the solid first nine months, M+M CFO Markus Pech and Chairman Adi Drotleff are confirming the 2024 target ranges of +8-10% for gross profit and +10-20% for EPS to 189-206 Cents/share, as well as the 185-195 Cents dividend target (PY: 165). For 2025 they continue to expect a steeper profit growth of +12-25% and are planning +25-35 Cents more in dividends. Over the two-year period 2024/25E, the average EPS target path thus remains at the +17% per year achieved in 2022/23. The actual cover story of the Q3 report 2024: “Digital twins for Industry, Manufacturing and Process Engineering.” 18.10.2024 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. The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com |
| Language: | English |
| Company: | Mensch und Maschine Software SE |
| Argelsrieder Feld 5 | |
| 82234 Wessling | |
| Germany | |
| Phone: | +49 (0)815 3933-0 |
| Fax: | +49 (0)815 3933-100 |
| E-mail: | investor-relations@mum.de |
| Internet: | www.mum.de |
| ISIN: | DE0006580806 |
| WKN: | 658 080 |
| Indices: | Scale 30 |
| Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich (m:access), Stuttgart, Tradegate Exchange |
| EQS News ID: | 2011113 |
| End of News | EQS News Service |
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