de cotation: Francfort
RIB Software AG is a Germany-based provider
of technical Enterprise Resource Planning (ERP) software solutions. The
Company’s core activities comprise the development and sale of
software, as well as provision of consulting and training services for
implementation projects. The Company offers software solutions for
costing and scheduling, cost estimating, tendering and project control.
The product portfolio of the Company includes such products as RIB
iTWO, RIBTEC and STRATIS, which are designed to serve such industries
as Architecture; Engineering and Construction; Process and Energy;
Public and Government Sector; Manufacturing, and Infrastructure. Under
the umbrella of the Company, the product sales are organized via two
German subsidiaries, RIB Engineering GmbH and RIB Deutschland GmbH, and
one subsidiary Hong Kong, RIB Limited, which combines the international
sales and development activities outside of the German-speaking area.
The Company operates worldwide.
Best fiscal year in the company’s history. RIB Group today announces its financial figures for the year 2016
Strong increase in revenues and operating EBITDA
Group revenues increase by 19.2% up to EUR 97.9 million
International revenues increase disproportionally compared with total revenues by 21.5% to EUR 46.9 million
iTWO key account revenue up 73.4% to EUR 11.1 million
Software licence revenues grow 43.8% to EUR 28.9 million
Operating EBITDA* increases by 57.9% to EUR 33.0 million
Cash flow from operating activities rise EUR 32.1 million up to EUR 51.5 million (previous year: EUR 19.4 million)
Stuttgart, Germany, 31 March 2017. RIB Software AG (ISIN DE000A0Z2XN6),
the world’s leading provider of 5D BIM Big Data technology for the
construction industry, today announces its financial figures for the
fiscal year 2016.
Total revenues increased by 19.2% from EUR 82.1 million to EUR 97.9
million in fiscal year 2016. Software license revenues increased by
43.8% to EUR 28.9 million (previous year: EUR 20.1 million). In the key
account area, the software revenue with iTWO increased by 73.4% to EUR
11.1 million (previous year EUR 6.4 million). In the mass market, the
software sales with iTWO increased by 16.3% to EUR 11.4 million
(previous year: EUR 9.8 million). The operating EBITDA* increased by
57.9% to EUR 33.0 million (previous year: EUR 20.9 million). The
operating EBITDA margin reached 33.7% (previous year: 25.5%). The
operating cash flow of EUR 51.5 million was significantly (EUR 32.1
million) above the previous year (EUR 19.4 million).
In recent years, from 2011 to 2016, our iTWO community and iTWO brand
have reached a high level. For the new five-year-plan from 2017 to
2021, and the years thereafter until 2026, the outlook is positive
throughout. Governments worldwide, the IT industry and clients are
discovering the benefits of integrating two (iTWO) worlds, the virtual
into the physical. iTWO stands for this MR (Mixed Reality) process in
the construction industry. For 2017 RIB Group expects, assuming
otherwise stable framework conditions in the market, revenues between
EUR 98 million and EUR 108 million and an EBITDA between EUR 28 million
and EUR 38 million.