MUNICH, Germany, May 2, 2023 – The Nemetschek Group, has announced results for first quarter of 2023. For the first quarter of 2023, the company reported revenue of €204.6M, flat compared to €203M of fourth quarter of 2022 with net income €36.3M.

“In addition to the strong momentum in subscriptions and SaaS, we are also consistently driving our other strategic topics in order to make optimal use of the growth opportunities in our markets. These include new technologies such as digital twins, artificial intelligence, and cloud solutions as well as internationalization, the Group-wide go-to-market strategy, and the constant increase in internal efficiency,” said Yves Padrines, chief executive officer of the Nemetschek Group. “With the first quarter, we have created a good foundation for achieving our goals for the full year.”

A complete chart of the financial results is available here.

About the Nemetschek Group

The Nemetschek Group is a globally leading software provider for digital transformation of the AEC/O and media industries. Its intelligent software solutions cover the entire lifecycle of building and infrastructure projects and enable creatives to optimize their workflows. Customers can design, build and manage buildings and infrastructures more efficiently and sustainably and develop digital content such as visualizations, films and computer games more creatively. The software provider is driving innovations such as digital twins as well as open standards (OPEN BIM), and sustainability in the AEC/O industry, constantly expanding its portfolio by also investing in deep-tech startups. Currently more than 7 million users worldwide are shaping the world with the customer-focused solutions of our four divisions. Founded by Prof. Georg Nemetschek in 1963, the Nemetschek Group today employs around 3,600 experts globally.

For more information, visit www.nemetschek.com.