Nemetschek Full Year 2023 Earnings: EPS: €1.40 (vs €1.40 in FY 2022)

Nemetschek (ETR:NEM) Full Year 2023 Results

Key Financial Results

• Revenue: €860.5m (up 7.3% from FY 2022).
• Net income: €161.3m (flat on FY 2022).
• Profit margin: 19% (down from 20% in FY 2022). The decrease in margin was driven by higher expenses.
• EPS: €1.40 (down from €1.40 in FY 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Nemetschek Earnings Insights

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Software industry in Germany.

Performance of the German Software industry.

The company's share price is broadly unchanged from a week ago.

Valuation

If you are concerned about investing in overvalued stocks, our analysis of 6 valuation measures indicates Nemetschek could be one stock to be wary of. You can access our in-depth analysis and discover what the outlook is like for the stock by clicking here.

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