RIB Software GmbH
The RIB Group announces its figures for the 2018 financial year: Group revenues increase significantly by 26.4% to EUR 136.9 million // Planned revenues of EUR 180 million (+31.5%) to EUR 200 million (+46.1%) for 2019
DGAP-News: RIB Software SE / Key word(s): Annual Results 29-March-2019 The RIB Group announces its figures for the 2018 financial year: Group revenues increase significantly by 26.4% to EUR 136.9 million // Planned revenues of EUR 180 million (+31.5%) to EUR 200 million (+46.1%) for 2019. -The re-platforming race of the software stack towards a true Cloud is on- – In total, annual recurring revenues (SaaS/Cloud and Maintenance) rise by 21.4% to EUR 57.4 million (ARR – Annual Recurring Revenue) – Revenues from Software as a Service/Cloud increase by 33.1% to EUR 17.3 million – Maintenance revenues grow by 16.9% to EUR 40.1 million Stuttgart, Germany, 29 March 2019. RIB Software SE, the world’s leading provider of iTWO 4.0 Cloud Enterprise Platform Technology, today announces its financial figures for the 2018 financial year. High revenue growth in fiscal year 2018 In our high-margin reporting segment iTWO, revenues rose significantly by 20.5% to EUR 121.5 million (previous year: EUR 100.8 million), with organic growth of 13.5% to EUR 114.4 million. Strong margins despite extensive investments The year 2018 was characterized above all by high investments in personnel, new technologies such as AI, Cloud and Mobility as well as future-oriented initiatives with top players such as Microsoft. In 2019, RIB will focus on increasing the iTWO and MTWO user base from 3,000 to 30,000. Dividend payment for the 2018 financial year Guidance for 2019 CONSOLIDATED FIGURES – OVERVIEW
* EBITDA and EBT adjusted by: Currency effects (2018: +0.3; 2017: -0.1) and one-off / special effects (2018: -1.2; 2017: +0.5). ** Operating EBITDA additionally adjusted for income in 2018 from the reversal of deferred revenue from software delivery to YTWO (+2.0) and income from software delivery to YTWO in 2017 (+7.8). *** Adjusted for the companies xTWO GmbH (E-commerce) and RIB U.S. Cost Incorporated (professional services). **** Cash and cash equivalents, time deposits and available-for-sale securities. The complete Annual Report 2018 is available for download on the RIB Group website under Investor Relations. About RIB Group RIB Software SE is an innovator in building and construction industry. The company creates, develops and offers cutting-edge digital technologies for construction enterprises and projects across various industries worldwide. iTWO 4.0, RIB’s flagship cloud-based platform, provides the world’s first enterprise cloud technology based on 5D BIM with AI integration for construction companies, industrial companies, developers and project owners, etc. With over 50 years of experiences in construction industry, RIB Software SE focuses on IT and engineering and becomes the pioneer in construction innovation, exploring and brining in new thinking, new working methods and new technologies to enhance construction productivity. RIB is headquartered in Stuttgart, Germany and Hong Kong, China, and listed on the prime standard Frankfurt Stock Exchange since 2011. With over 1,200 talents in more than 30 locations worldwide, RIB is targeting to transform the construction industry into the most advanced and digitalized industry in the 21st century.
29.03.2019 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | RIB Software SE |
Vaihinger Str. 151 | |
70567 Stuttgart | |
Germany | |
Phone: | +49 (0)711-7873-0 |
Fax: | +49 (0)711-7873-311 |
E-mail: | info@rib-software.com |
Internet: | www.rib-software.com |
ISIN: | DE000A0Z2XN6 |
WKN: | A0Z2XN |
Indices: | SDAX, TecDAX, |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 793359 |
End of News | DGAP News Service |