RIB Software GmbH
The RIB Group announces its figures for the 2017 financial year: Double-digit growth in revenues and increase in EBITDA by 23.2% to EUR 40.3 million // Dividend increase to EUR 0.18
DGAP-News: RIB Software SE / Key word(s): Final Results 29-March-2018 The RIB Group announces its figures for the 2017 financial year: Double-digit growth in revenues and increase in EBITDA by 23.2% to EUR 40.3 million // Dividend increase to EUR 0.18 – EBITDA increases by 23.2% to EUR 40.3 million – Group revenues increase by 10.6% to EUR 108.3 million – iTWO key account revenue up 20.7% to EUR 13.4 million – Software licence revenues grow by 20.1% to EUR 34.7 million Stuttgart, Germany, March 29, 2018. RIB Software SE, the world’s leading provider of iTWO 5D BIM Big Data technology for the construction industry, today announces its financial figures for the 2017 financial year. Revenues increased by 10.6% to EUR 108.3 million in the 2017 financial year (previous year: EUR 97.9 million). EBITDA increased by 23.2% to EUR 40.3 million in the reporting period (previous year: EUR 32.7 million). The EBITDA margin reached 37.2% in the past financial year (previous year: 33.4%). Software licence revenues increased by 20.1% to EUR 34.7 million (previous year: EUR 28.9 million). In the key account area, iTWO software revenues increased by 20.7% to EUR 13.4 million (previous year: EUR 11.1 million). In the mass market, software revenues with iTWO increased by 18.4% to EUR 13.5 million (previous year: EUR 11.4 million). Operating EBITDA* increased by 20.9% to EUR 39.9 million (previous year: EUR 33.0 million). The Administrative Board of RIB Software SE will suggest to the Annual General Meeting that a dividend of EUR 0.18 be paid out to the shareholders for the past financial year (previous year: EUR 0.16). A highlight in 2017 was the successful development of the YTWO SCM platform and the acquisition of the first pilot customers in the USA, Asia and Germany. The joint venture, founded with the Silicon Valley Company Flex, was able to achieve its ambitious goals in the first fiscal year and served as a model for the development of the MTWO cloud platform. In March, Microsoft became a well-known strategic partner for MTWO. Both platforms are based on the iTWO 4.0 technology and have the goal of jointly reaching up to 2 million iTWO users in the medium term via a coordinated business plan (go to market). It is planned to win 100,000 users for the MTWO platform within the first 24 months. The aim is now, in addition to the strategic partners Flex and Microsoft, to build up a global MTWO partner network in the next 36 months. In order to a faster achievement of our goals, we strengthened our capital base in March. Assuming stable conditions in the market, the RIB Group plans to generate revenues of between EUR 117 million and EUR 127 million and an EBITDA of between EUR 33 million and EUR 43 million in the financial year 2018. CONSOLIDATED FIGURES – OVERVIEW
* EBITDA and EBT adjusted by: Currency effects (2017: -0.1; 2016: -0.4) and one-off / special effects (2017: +0.5; 2016: +0.1). ** Cash and cash equivalents, time deposits and available-for-sale securities The complete Annual Report 2017 is available for download on the RIB Group website under investor relations. About RIB Group RIB Software SE is an innovator in construction business. The company creates, develops, and offers iTWO³ – new thinking, new working method and new technology – for construction projects across various industries worldwide. iTWO today is the world’s first Cloud / License based Big Data 5D BIM enterprise solution for construction companies, industrial companies, developers and investors. Since its inception in 1961, RIB Software SE has been the pioneer in construction innovation, exploring and bringing in new thinking, new working method and new technology to enhance construction productivity, and transforming the construction industry into the most advanced and digitalized industry in the 21st century. RIB is headquartered in Stuttgart, Germany, and listed in Prime Standard Frankfurt Stock Exchange since 2011. With about 800 talents located in over 30 offices worldwide, RIB is serving 100,000 clients including construction contractors, sub-contractors, developers, owners, investors and governments, in the field of building construction, infrastructure, EPC sector and more.
29.03.2018 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: | TecDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
End of News | DGAP News Service |