Key Group figures for 2020

• Group revenues increased by 7.2% (adjusted for currency effects: 8.3%) to EUR 596.9 million (2019: EUR 556.9 million). This increase in revenues is attributable to both solid organic growth of 5.6% and the first-time revenue consolidation resulting from the Red Giant acquisition in the Media & Entertainment segment.
• The clear growth driver was recurring revenues from software service contracts and rental models (Subscription + SaaS), which increased by 19.9% (adjusted for currency effects: 21.1%) to EUR 359.0 million and thus already accounted for 60.1% of total revenues (previous year: 53.8%) in 2020. This above-average increase reflects the strategic approach of the business model to increasingly offer rental models. Revenues from Subscription + SaaS increased significantly by 79.6% (adjusted for currency effects: 82.2%) to EUR 90.4 million.
• Group operating EBITDA for the full year rose by 4.0% (adjusted for currency effects: 4.9%) to EUR 172.3 million (previous year: EUR 165.7 million), resulting in a high EBITDA margin of 28.9%.
• Due to higher PPA depreciation resulting from the Red Giant acquisition, net income for the year was almost at the previous year's level at EUR 96.9 million (previous year: EUR 97.7 million, adjusted figure before a positive one-off effect from the sale of the minority interest in DocuWare). Accordingly, earnings per share amounted to EUR 0.84 (previous year: EUR 0.85).
• The increase in the equity ratio to 46.9% (previous year: 40.7%) and the high cash conversion rate of 91.4% demonstrate the Group's healthy financial position, which is geared toward further growth.
• Nemetschek plans to increase the dividend by around 7% to EUR 0.30 per share (previous year: EUR 0.28 per share). Subject to approval by the Annual General Meeting on May 12, 2021, the total dividend payout would rise to EUR 34.7 million.