on Mensch Und Maschine Software SE (isin : DE0006580806)
Mensch und Maschine Software SE Reports Record Growth in Q3 2024
Mensch und Maschine Software SE (ISIN DE0006580806), specializing in CAD/CAM/BIM, announced record-breaking figures for the first nine months of 2024. The company experienced a notable reselling surge in Q3, ahead of transitioning to Autodesk's new partner model, initiated in September.
Sales reached EUR 270.08 million, marking an 11.5% increase from the previous year, with Q3 revenue rising by 39%. Gross profit climbed 7.2% to EUR 135.05 million. Q3 alone saw a 9.4% rise. EBIT also set a record at EUR 38.10 million, up 11%, with a 25% Q3 increase.
Net profit after minority shares improved by 14.6% to EUR 24.39 million or 144 cents per share, with a 31.5% surge in Q3. Operating cash flow attained a record EUR 52.78 million. CFO Markus Pech and Chairman Adi Drotleff reaffirmed 2024 targets for growth and dividends, with expectations of steeper growth in 2025.
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