Nemetschek SE Reports Strong Revenue Growth for 2024

Nemetschek SE has released its preliminary results for the 2024 financial year, showing a significant revenue increase. The company achieved approximately EUR 996 million in revenue, marking a 17% growth driven by strong performance in the Design and Build segments.

The transition from maintenance to subscription contracts and one-off sales of perpetual licenses notably boosted revenues. The integration of GoCanvas contributed around 3 percentage points to this growth, aligning with expectations. Organic and currency-adjusted growth reached 14%, surpassing the target range of 10% to 11%.

EBITDA margins, both reported and organic, are slightly above their forecasted ranges, reflecting robust profitability. The Annual Recurring Revenues (ARR) growth is also anticipated to exceed 40%.