16.03.2015 Mensch und Maschine Software SE  DE0006580806

DGAP-News: Mensch und Maschine Software SE discloses final 2014 figures


 
DGAP-News: Mensch und Maschine Software SE / Key word(s): Final Results Mensch und Maschine Software SE discloses final 2014 figures 16.03.2015 / 08:06 --------------------------------------------------------------------- Preliminary figures confirmed - cash flows +66% - Outlook: EUR 3-4 Million EBITDA increase p.a. expected Wessling, March 16, 2015 - Mensch und Maschine Software SE (MUM - ISIN DE0006580806), a CAD/CAM specialist company, during the annual accounts press conference today confirmed the preliminary 2014 figures which had been disclosed on February 11. With 11% sales growth, M+M achieved more than four Million Euro operating profit improvement, more than doubled pretax profit and 42% net earnings increase, due to strict cost discipline. 2014 group sales amounted to EUR 140.02 mln (PY: 125.83 / +11%), to which Software contributed EUR 38.50 mln (PY: 35.08 / +10%) and the VAR Business contributed EUR 101.52 mln (PY: 90.75 / +12%). Group gross margin increased to EUR 74.66 mln (PY: 67.46 / +11%), with contributions of EUR 36.58 mln (PY: 32.51 / +12.5%) from Software and EUR 38.08 mln (PY: 34.95 / +9.0%) from VAR Business. Segment EBITDA amounted to EUR 7.21 mln (PY: 5.96 / +21%) for Software and to EUR 3.66 mln (PY: 1.85 / +97%) for the VAR Business. Group EBITDA increased to EUR 10.87 mln (PY: 7.81 / +39%). EBITDA margin increased to 18.7% (PY: 17.0%) for Software, 3.6% (PY: 2.0%) in the VAR Business and 7.8% (PY: 6.2%) for the group. As depreciation, amortization and finance cost remained about constant, profit before tax more than doubled to EUR 5.57 mln (PY: 2.59). Net profit after minority shares increased to EUR 3.72 mln (PY: 2.62 / +42%), or 24 Cents (PY: 17) per share. Development of the operating cash flows was very satisfactory, rising by 66% to EUR 6.29 mln (PY: 3.78), and shareholders' equity increased to EUR 39.24 mln (PY: 36.24 / +8%). The dividend remains stable at 20 Cents and will again be paid out free of withholding tax (Kapitalertragssteuer). M+M CEO Adi Drotleff gave a medium-term outlook: 'The past years showed that we can achieve an annual EBITDA improvement of EUR 3-4 Million, which also is our target corridor for the next years, until we will have reached the 12% target margin for the group in 5-6 years. This should result in an annual 13 to 20 Cents EPS increase - but with a bumpy start. In 2015 the EBITDA increase will be largely compensated by the lapsing contribution of the previous year's EUR 3 mln from the sale of the Distribution business, closed in 2011, so the net result is estimated to remain roughly on the 2014 level. But in 2016 we will have additional tailwind, as amortization will drop by more than EUR 1.5 mln, so we target EPS at 43 to 50 Cents, representing a doubling in two years.' --------------------------------------------------------------------- 16.03.2015 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: investor-relations@mum.de Internet: www.mum.de ISIN: DE0006580806 WKN: 658 080 Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich (m:access), Stuttgart; Open Market (Entry Standard) in Frankfurt End of News DGAP News-Service --------------------------------------------------------------------- 333315 16.03.2015


Die wichtigsten Finanzdaten auf einen Blick
  2012 2013 2014 2015 2016 2017 2018 2019e
Umsatzerlöse1 118,80 125,83 140,02 160,38 167,07 160,85 185,40 234,00
EBITDA1,2 9,97 7,81 10,87 12,81 15,76 18,04 22,75 31,00
EBITDA-Marge3 8,39 6,21 7,76 7,99 9,43 11,22 12,27 13,25
EBIT1,4 6,18 3,81 6,76 8,47 12,49 15,21 19,66 25,90
EBIT-Marge5 5,20 3,03 4,83 5,28 7,48 9,46 10,60 11,07
Jahresüberschuss1 3,62 2,62 4,11 4,27 7,02 8,98 12,47 16,95
Netto-Marge6 3,05 2,08 2,94 2,66 4,20 5,58 6,73 7,24
Cashflow1,7 -5,70 3,78 6,29 14,73 14,65 15,22 15,23 17,80
Ergebnis je Aktie8 0,24 0,16 0,24 0.24 0,40 0,53 0,71 0,94
Dividende8 0,20 0,20 0,20 0,25 0,35 0,50 0,65 0,80
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2018 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: RSM

INVESTOR-INFORMATIONEN
©boersengefluester.de
Mensch und Maschine
WKN Kurs in € Einschätzung Börsenwert in Mio. €
658080 37,000 Kaufen 634,51
KGV 2020e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
31,90 30,42 1,052 101,37
KBV KCV KUV EV/EBITDA
11,92 41,67 3,42 28,417
Dividende '18 in € Dividende '19e in € Div.-Rendite '18
in %
Hauptversammlung
0,65 0,80 1,76 13.05.2020
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
27.04.2020 22.07.2019 21.10.2019 16.03.2020
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
14,41% 15,81% 45,67% 52,89%
    
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu Mensch und Maschine Software SE  ISIN: DE0006580806 können Sie bei DGAP abrufen

Software , 658080 , MUM , XETR:MUM