RIB SOFTWARE SENA EO 1
RIB SOFTWARE SENA EO 1
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Ticker: RIB
ISIN: DE000A0Z2XN6

DGAP-News: RIB Software SE: Phase Deal No. 30/2019 signed in North America, all targets in 2019 achieved, very strong outlook for 2020 / Guidance 2020: 260-300 Million Euro revenue and 52-60 Million Euro operating EBITDA / No Capital Increase planned in 2020

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DGAP-News: RIB Software SE / Key word(s): Agreement/Forecast
RIB Software SE: Phase Deal No. 30/2019 signed in North America, all targets in 2019 achieved, very strong outlook for 2020 / Guidance 2020: 260-300 Million Euro revenue and 52-60 Million Euro operating EBITDA / No Capital Increase planned in 2020
18.12.2019 / 10:50
The issuer is solely responsible for the content of this announcement.


18-December-2019

Phase Deal No. 30/2019 signed in North America, all targets in 2019 achieved, very strong outlook for 2020

Guidance 2020: 260-300 Million Euro revenue and 52-60 Million Euro operating EBITDA

No Capital Increase planned in 2020

Stuttgart, Germany, 18 December 2019. RIB Software SE, the world's leading provider of iTWO 4.0 Cloud Enterprise Platform Technology will continue its target to be one of the fasted growing (30%-60%) and profitable (20%-30% EBITDA margin) companies in the new ConstructTech and PropTech sector in 2020. RIB has increased and outperformed its first guidance in 2018 and 2019 and will work hard to continue its track record in 2020. The actual midterm growth plan (30-60%) does not include any capital increase and can be executed based on the actual financial rating.

The revenue growth is mainly driven by ARR software revenue, growing USER numbers on our MTWO Cloud Platform and based on our iTWO 4.0 Cloud Technology. We are not consolidating any revenue out of Autodesk license reselling according to IFRS 15.B34 ff. from our sales organizations in USA and Australia in our 2020 projection. If these revenue numbers, which are reported in the local P&L in Australia and USA, would be added to the consolidated revenue, the revenue of RIB would be much higher. All definitions about revenue growth, EBITDA margins and all-important targets of our midterm plan can be found on our Website under Investor Relations.

Our target is to win 2 Million USERS for our Cloud Platform Technology (iMTWO) and our Data business (xYTWO) in the midterm and to lead the digital transformation in the global ConstructTech and PropTech sector and to support the development of cities and infrastructure for the 21st century.

RIB Software SE, the world's leading provider of iTWO 4.0 Cloud Enterprise Platform Technology, today announced the conclusion of our 30th Phase-II-contract in 2019

RIB SAA Software Engineering GmbH - RIB's center of excellence for smart production - has closed a contract with their long-lasting partner for mechanical engineering Sommer Anlagentechnik in Landshut/Germany for delivering an integrated iTWO Smart Production solution for a highly industrialized and automized precast plant at Newton Group Ltd, Guelph/Canada.

Robert Neubauer, Managing Partner of RIB SAA, comments the agreement as follows: "We are very pleased to convince Newton Groups management about our integrated iTWO Smart Production solution, as the iTWO 4.0 solution is the most important part for digitization of the precast-construction-industry. It is another important milestone to extend our market in Canada and the USA."

"This innovative and future-oriented solution will help the customer increase productivity and reduce risks while increasing profitability. This Phase-II-contract is another confirmation of the great performance of RIB's Smart Production Technology, which offers a tailor-made solution in the age of digitization."

About RIB Group

RIB Software SE is an innovator in building and construction industry. The company creates, develops and offers cutting-edge digital technologies for construction enterprises and projects across various industries worldwide. iTWO 4.0, RIB's flagship cloud-based platform, provides the world's first enterprise cloud technology based on 5D BIM with AI integration for construction companies, industrial companies, developers and project owners, etc. With over 50 years of experiences in construction industry, RIB Software SE focuses on IT and engineering and becomes the pioneer in construction innovation, exploring and bringing in new thinking, new working methods and new technologies to enhance construction productivity. RIB is headquartered in Stuttgart, Germany and Hong Kong, China, and listed on the prime standard Frankfurt Stock Exchange since 2011. With over 1,500 talents in more than 30 locations worldwide, RIB is targeting to transform the construction industry into the most advanced and digitalized industry in the 21st century.



18.12.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: RIB Software SE
Vaihinger Str. 151
70567 Stuttgart
Germany
Phone: +49 (0)711-7873-0
Fax: +49 (0)711-7873-311
E-mail: [email protected]
Internet: www.rib-software.com
ISIN: DE000A0Z2XN6
WKN: A0Z2XN
Indices: SDAX, TecDAX,
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 938891

 
End of News DGAP News Service

938891  18.12.2019 

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