Q3 2019 Nemetschek SE Earnings Call Transcript

Oct 31, 2019 / 08:30AM GMT
Stefanie Zimmermann - Nemetschek SE - Head of IR & Corporate Communication

But now let's start with the presentation. I would like to hand over to Patrik, who will lead you through the presentation.

Patrik Heider - Nemetschek SE - Spokesman of the Executive Board and Chief Financial & Operations Officer

Thank you, Stefanie, and hello to everyone. I'm glad that you have joined our earnings call today. I will be brief in my presentation so that we have enough time for your questions afterwards.

In the third quarter, we delivered again a strong revenue growth of around 20% with an extraordinary increase in profitability of more than 46% in EBITDA growth. Overall, we are targeting another record year. The results after 9 months reflect our strong positioning in our industry, and I'm very confident to reach the upper end of our communicated guidance in terms of revenues and EBITDA margin.

Let me give you a more detailed overview of the 9-month highlights on Page 2, our key figures for the first 9 months 2019.

We continued with our

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