Mensch und Maschine Software SE / DE0006580806
14.03.2024 - 09:00:43Mensch und Maschine Software SE presenting Annual Report 2023
| Mensch und Maschine Software SE / Key word(s): Annual Results 14.03.2024 / 09:00 CET/CEST The issuer is solely responsible for the content of this announcement. Record figures despite inflationary headwinds - 40 years M+M: anniversary dividend 165 Cents / +18% - Average EPS target path 2024/25E remains at +17% Wessling, March 14, 2024 – Mensch und Maschine Software SE (MUM - ISIN DE0006580806), a CAD/CAM/BIM specialist company, today presents its Annual Report 2023, describing how M+M achieved new record levels for sales, earnings and cash flow despite inflationary headwinds and high volatility in the Autodesk business. Due to the increasing dominance of proprietary business, a mere +0.6% increase in sales turned into +4.6% in gross profit, and M+M’s usual strict cost discipline ensured that, despite inflationary pressure, net profit per share (EPS) increased clearly disproportionately by +11% to 172 Cents. The absolute highlight, however, was the operating cash flow, which came in even better than previously reported at +30% to EUR 50.59 mln or 302 Cents/share. With this success behind us, we will propose a 40th M+M company anniversary dividend of 165 Cents (PY: 140 / +18%) to the annual shareholders’ meeting on May 8 - as in recent years, either in cash or as a stock dividend. M+M CFO Markus Pech remains optimistic for the coming years: “In 2024 we expect +8-12% increase in gross profit and +10-20% to 189-206 Cents in EPS. An increase of +20-30 cents to 185-195 Cents is planned for the 2024 dividend. For 2025 we expect a stronger growth of +12-25% in EPS and are planning +25-35 Cents more in dividends." Chairman Adi Drotleff adds: "Over the two-year period 2024/25E, our average EPS target path remains at the +17% per year achieved in 2022/23.” The cover story of the 2023 annual report this time is: “Digital twin for CAD/CAM: Virtual machining” 14.03.2024 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. 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: | 1858425 |
| End of News | EQS News Service |
| |
