Mensch und Maschine Software SE, DE0006580806

Mensch und Maschine Software SE, DE0006580806

15.02.2018 - 09:13:39

Mensch und Maschine Software SE discloses preliminary 2017 figures

Sparkling Q4 with 32% EBITDA growth - Proprietary business and cost discipline driving success - New profit and cash flows records marked in 2017 Wessling, February 15, 2018 - A sparkling Q4 with approx. 32% EBITDA growth enabled new 2017 profit and cash flow records for Mensch und Maschine Software SE (MUM - ISIN DE0006580806), a CAD/CAM specialist company. The success was driven by the strong proprietary business combined with strict cost discipline. The transition from sale to subscription by our supplier Autodesk, which had a significant retarding effect during the first nine months, began to provide positive impulses. According to preliminary figures, Q4 sales rose to approx. EUR 45.0 mln (PY: 39.48 / +14%), resulting in annual sales of approx. EUR 160.5 mln (PY: 167.07 / -4%) in 2017, with approx. EUR 50.4 mln (PY: 46.24 / +9%) from the Software segment and approx. EUR 110.1 mln (PY: 120.83 / -9%) from the VAR Business. Gross margin grew to approx. EUR 94.8 mln (PY: 91.43 / +3.7%), with Software contributing approx. EUR 48.9 mln (PY: 44.73 / +9.4%). VAR Business gross margin amounted to approx. EUR 45.9 mln (PY: 46.70 / -2%), thereof approx. EUR 29.9 mln (PY: 25.73 / +16%) from M+M proprietary services and approx. EUR 16.0 mln (PY: 20.97 / -24%) from the Autodesk business. All in all, approx. 83% (PY: 77%) of 2017 group gross margin was contributed by proprietary sources, which drove gross yield further up to approx. 59% (PY: 54.7%). Operating profit EBITDA before depreciation, amortization, interest and taxes increased to approx. EUR 18.0 mln (PY: 15.76 / +14%), marking a new record level, with approx. EUR 12.7 mln (PY: 10.66 / +19%) contribution from Software and approx. EUR 5.3 mln (PY: 5.09 / +4%) from VAR Business. EBITDA margin climbed to approx. 25% (PY: 23.1%) in the Software segment, approx. 4.8% (PY: 4.2%) in the VAR Business and approx. 11.2% (PY: 9.4%) in the group. Net profit after minority shares soared to approx. EUR 8.5 mln (PY: 6.59 / +29%), or 52 Cents (PY: 40) per share, also marking a new company record, as did operating cash flows coming in at approx. EUR 15.2 mln (PY: 14.64) or 93 Cents (PY: 90) per share. M+M CEO Adi Drotleff is pleased by the successful fiscal year end: 'In 2017 we reached our profit targets in spite of a very flat gross margin growth, not only marking new records but also proving that our strict cost management is working perfectly. Thus it is most likely that we can propose a 50 Cents dividend following 35 Cents in the previous year. In addition, Q4 has clearly demonstrated the level of profit increase potential M+M has for the future.' Attention: The final audited 2017 figures, which will be disclosed in the accounts press conference on March 12, 2018, can differ from the preliminary figures.  

15.02.2018 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.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

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 Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich (m:access), Stuttgart, Tradegate Exchange   End of News DGAP News Service

654469  15.02.2018 

@ dgap.de

Amazon wird sich schwarzärgern, aber …

… wir schenken Ihnen den Report „Börsenpsychologie - Markttechnik für Trader“ heute trotzdem kostenfrei. Normalerweise kostet der Report im Onlinehandel 39,99 Euro.

Sie können sich den genialen Report heute jedoch absolut kostenfrei sichern. Wir senden Ihnen den Report vollkommen KOSTENFREI zu.

Jetzt HIER klicken und dank richtigen Timing reich an der Börse werden!