DGAP-News: Mensch und Maschine Software SE / Key word(s): Preliminary Results Mensch und Maschine Software SE discloses preliminary 2014 figures 11.02.2015 / 09:49 --------------------------------------------------------------------- Pre-tax profit more than doubled - Strong Q4: Sales +15% / EBITDA +39% Wessling, February 11, 2015 - Mensch und Maschine Software SE (MUM - ISIN DE0006580806), a CAD/CAM specialist company, continued the growth trend with a strong closing quarter, with double digit sales growth and significantly disproportionate earnings increase. According to preliminary figures, Q4 sales climbed by 15% to approx. EUR 37.1 mln (PY: 32.37), increasing 2014 group sales to approx. EUR 140.0 mln (PY: 125.83 / +11%), to which Software contributed approx. EUR 38.5 mln (PY: 35.08 / +10%) and the VAR Business contributed approx. EUR 101.5 mln (PY: 90.75 / +12%). Gross margin increased to approx. EUR 74.7 mln (PY: 67.46 / +11%), with contributions of approx. EUR 36.6 mln (PY: 32.51 / +13%) from Software and approx. EUR 38.1 mln (PY: 34.95 / +9%) from VAR Business. Thus group margin exceeded the previous record level from 2011, amounting to EUR 70.01 mln, including the Distribution business which was not yet sold at the time. Operating profit EBITDA before depreciation, amortization, interest and taxes in Q4 alone increased significantly disproportionately to approx. EUR 3.4 mln (PY: 2.44 / +39%). Full year 2014 EBITDA amounted to approx. EUR 7.2 mln (PY: 5.96 / +21%) for Software and to approx. EUR 3.6 mln (PY: 1.85 / +95%) for the VAR Business. Group EBITDA increased to approx. EUR 10.8 mln (PY: 7.81 / +38%). EBITDA margin increased to approx. 18.7% (PY: 17.0%) for Software, approx. 3.5% (PY: 2.0%) in the VAR Business and approx. 7.7% (PY: 6.2%) for the group. As depreciation, amortization and finance cost remained about constant, profit before tax more than doubled to approx. EUR 5.5 mln (PY: 2.59). Net profit after minority shares increased to approx. EUR 3.7 mln (PY: 2.62 / +41%), or 24 Cents (PY: 17) per share. M+M CEO Adi Drotleff: 'I am very happy that we could get back to double digit sales growth in 2014. Due to strict cost discipline, we have increased earnings highly disproportionately, making another huge step in our business model transition towards more value.' Attention: The final audited 2014 figures, which will be disclosed in the accounts press conference on March 16, 2015, can differ from the preliminary figures disclosed in this document. --------------------------------------------------------------------- 11.02.2015 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. Media archive at www.dgap-medientreff.de and 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: [email protected] Internet: www.mum.de ISIN: DE0006580806 WKN: 658 080 Listed: Freiverkehr in Berlin, Düsseldorf, Hamburg, München (m:access), Stuttgart; Frankfurt in Open Market (Entry Standard) End of News DGAP News-Service --------------------------------------------------------------------- 321933 11.02.2015