Mensch Und Maschine Software SE Presenting Q3 Report 2024
Date
10/18/2024 1:00:41 AM
|
EQS-News: Mensch und Maschine Software SE
/ Key word(s): 9 Month figures
Mensch und Maschine Software SE presenting Q3 report 2024
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
| 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: |
... |
| Internet: |
|
| 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 |
|
MENAFN18102024004691010666ID1108793803
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.