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10 months ago
BRIEF-Nemetschek hikes 2016 sales, EBITDA guidance
October 10, 2016 / 7:26 AM / 10 months ago

BRIEF-Nemetschek hikes 2016 sales, EBITDA guidance

Oct 10 (Reuters) - Nemetschek AG

* Nemetschek increases revenue and EBITDA forecast for current financial year 2016

* EBITDA is now expected to be between 89 million euros and 91 million euros

* Forecast revenue range rises to 338 million euros to 341 million euros (+18% to +20% compared to previous year)

* Positive business development is attributable in particular to strong organic growth and increased internationalisation

* Further growth effects are result of Solibri, Design Data acquisitions Source text for Eikon: Further company coverage:

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