Weßling

EQS-News: Mensch und Maschine Software SE presenting Annual Report 2023

Retrieved on: 
Wednesday, April 10, 2024

Wessling, March 14, 2024 – Mensch und Maschine Software SE (MUM - ISIN DE0006580806), a CAD/CAM/BIM specialist company, today presents its Annual Report 2023, describing how M+M achieved new record levels for sales, earnings and cash flow despite inflationary headwinds and high volatility in the Autodesk business.

Key Points: 
  • Wessling, March 14, 2024 – Mensch und Maschine Software SE (MUM - ISIN DE0006580806), a CAD/CAM/BIM specialist company, today presents its Annual Report 2023, describing how M+M achieved new record levels for sales, earnings and cash flow despite inflationary headwinds and high volatility in the Autodesk business.
  • The absolute highlight, however, was the operating cash flow, which came in even better than previously reported at +30% to EUR 50.59 mln or 302 Cents/share.
  • For 2025 we expect a stronger growth of +12-25% in EPS and are planning +25-35 Cents more in dividends."
  • The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

EQS-News: Cannovum Cannabis AG: Federal Council confirms cannabis legalization as of April 1, 2024, positive growth opportunities in Europe's largest consumer market

Retrieved on: 
Wednesday, April 10, 2024

Cannovum Cannabis AG: Federal Council confirms cannabis legalization as of April 1, 2024, positive growth opportunities in Europe's largest consumer market

Key Points: 
  • Cannovum Cannabis AG: Federal Council confirms cannabis legalization as of April 1, 2024, positive growth opportunities in Europe's largest consumer market
    The issuer is solely responsible for the content of this announcement.
  • Cannovum Cannabis AG: Federal Council confirms cannabis legalization as of April 1, 2024, positive growth opportunities in Europe's largest consumer market
    Cannovum Cannabis AG (stock exchanges Frankfurt/Xetra, Düsseldorf, Munich, Hamburg, Berlin, gettex: ISIN DE000A37FUP2) welcomes the legalization of cannabis in Germany confirmed today by the Federal Council.
  • This will provide new impetus for a billion-euro market in Europe's largest economy in the coming years.
  • Cannovum Cannabis AG plans to generate significant sales through offers for existing and emerging cannabis clubs.

EQS-News: Cannovum Cannabis AG: Bundestag approves legalization of cannabis in Germany, historic opportunity for the economy, billion-euro potential for sales and growth

Retrieved on: 
Wednesday, March 13, 2024

Cannovum Cannabis AG: Bundestag approves legalization of cannabis in Germany, historic opportunity for the economy, billion-euro potential for sales and growth

Key Points: 
  • Cannovum Cannabis AG: Bundestag approves legalization of cannabis in Germany, historic opportunity for the economy, billion-euro potential for sales and growth
    The issuer is solely responsible for the content of this announcement.
  • Cannovum Cannabis AG (stock exchanges Frankfurt/Xetra, Düsseldorf, Munich, Hamburg, Berlin, gettex: ISIN DE000A37FUP2) informs: In a historic decision, the German Bundestag today passed the Cannabis Act.
  • This will allow the consumption of cannabis in Germany and paves the way for Cannovum Cannabis AG to enter a new growth area.
  • Great entrepreneurial opportunity: The growth and sales potential of legalization for Cannovum Cannabis AG is enormous.

EQS-News: Cannovum Cannabis AG: Areas for more than 500 cannabis clubs are available in the cultivation alliance. Exclusive partnership with some of the largest agricultural companies in Germany

Retrieved on: 
Wednesday, March 13, 2024

Cannovum Cannabis AG: Areas for more than 500 cannabis clubs are available in the cultivation alliance.

Key Points: 
  • Cannovum Cannabis AG: Areas for more than 500 cannabis clubs are available in the cultivation alliance.
  • Cannovum Cannabis AG: Areas for more than 500 cannabis clubs are available in the cultivation alliance.
  • With the upcoming cannabis clubs, Cannovum Cannabis AG intends to generate significant revenues and create significant added value for shareholders and society.
  • Exclusive cultivation areas and services are already available for more than 500 cannabis clubs.

EQS-News: Cannovum Cannabis AG: Areas for more than 500 cannabis clubs are available in the cultivation alliance. Exclusive partnership with some of the largest agricultural companies in Germany.

Retrieved on: 
Wednesday, March 13, 2024

Cannovum Cannabis AG: Areas for more than 500 cannabis clubs are available in the cultivation alliance.

Key Points: 
  • Cannovum Cannabis AG: Areas for more than 500 cannabis clubs are available in the cultivation alliance.
  • Cannovum Cannabis AG: Areas for more than 500 cannabis clubs are available in the cultivation alliance.
  • With the upcoming cannabis clubs, Cannovum Cannabis AG intends to generate significant revenues and create significant added value for shareholders and society.
  • Exclusive cultivation areas and services are already available for more than 500 cannabis clubs.

EQS-News: Mensch und Maschine Software SE discloses preliminary results 2023

Retrieved on: 
Wednesday, February 7, 2024

Wessling, February 7, 2024 – Mensch und Maschine Software SE (MUM - ISIN DE0006580806), a CAD/CAM/BIM specialist company, achieved strong earnings in the final quarter, resulting in new record figures for 2023.

Key Points: 
  • Wessling, February 7, 2024 – Mensch und Maschine Software SE (MUM - ISIN DE0006580806), a CAD/CAM/BIM specialist company, achieved strong earnings in the final quarter, resulting in new record figures for 2023.
  • According to preliminary figures, sales came in at approx.
  • EUR 168.5 mln (PY: 161.14 / +4.6%), with EUR 95 mln / +9% from Software and EUR 73.5 mln / -0% from the VAR Business.
  • EUR 46.8 mln (PY: 42.63 / +10%), with EUR 28.4 mln / +13% from Software and EUR 18.4 mln / +5% from VAR Business.

EQS-News: Cannovum Cannabis AG: April 2024 starts the legalization of cannabis in Germany, enormous potential for sales and growth

Retrieved on: 
Monday, February 5, 2024

Cannovum Cannabis AG: April 2024 starts the legalization of cannabis in Germany, enormous potential for sales and growth

Key Points: 
  • Cannovum Cannabis AG: April 2024 starts the legalization of cannabis in Germany, enormous potential for sales and growth
    The issuer is solely responsible for the content of this announcement.
  • Cannovum Cannabis AG: April 2024 starts the legalization of cannabis in Germany, enormous potential for sales and growth
    Cannovum Cannabis AG (stock exchanges Frankfurt/Xetra, Düsseldorf, Munich, Hamburg, Berlin, gettex: ISIN DE000A37FUP2) welcomes the upcoming legalization of cannabis and considers itself well positioned.
  • The growth and sales potential of legalization for Cannovum Cannabis AG is enormous.
  • With its investment in Cannovum Health eG, Cannovum Cannabis AG is also benefiting from the imminent growth in the medical cannabis sector.

EQS-News: Mensch und Maschine Software SE fully involved in Autodesk model transition

Retrieved on: 
Thursday, December 14, 2023

- VAR cost of materials and sales go down, margins up

Key Points: 
  • - VAR cost of materials and sales go down, margins up
    Wessling, November 23, 2023 – As a leading Autodesk Platinum Partner, Mensch und Maschine Software SE (MUM - ISIN DE0006580806), a CAD/CAM/BIM specialist company, is fully involved in and strongly supports the transition of the partner model from resale to an agent model, which was presented at Autodesk's Q3 conference on November 21st.
  • After the gross profit from the Autodesk business has already been switched from discount ("front-end") to commission payments ("back-end") in recent years, resales are expected to be omitted from August 2024, while complete customer support remains with the partner.
  • From 2025, the first full year with the new model, we expect group gross margin to increase to 75-80% (2022: 50.3%) and EBIT margin to exceed 20% (2022: 13.3%).
  • For the M+M business model, it means streamlining and a significant improvement in margins.

EQS-News: Mensch und Maschine Software SE presenting Q3 Report 2023

Retrieved on: 
Thursday, October 26, 2023

Wessling, October 19, 2023 – Mensch und Maschine Software SE (MUM - ISIN DE0006580806), a CAD/CAM/BIM specialist company, achieved the strongest nine months result in the company's history, with a record Q1 driven by high reselling business followed by the return to dominance of proprietary M+M business in Q2 and Q3, resulting in unchanged targets for 2023/24.

Key Points: 
  • Wessling, October 19, 2023 – Mensch und Maschine Software SE (MUM - ISIN DE0006580806), a CAD/CAM/BIM specialist company, achieved the strongest nine months result in the company's history, with a record Q1 driven by high reselling business followed by the return to dominance of proprietary M+M business in Q2 and Q3, resulting in unchanged targets for 2023/24.
  • After Q1 sales had been up +21% due to Autodesk’s 3YR final peak, the sales curve in Q2/Q3 was slower, as expected.
  • The swing to proprietary business is clearly visible in gross yield development, which after 45.7% in Q1 jumped to 56.7% in Q2/Q3.
  • Net profit after minority shares grew by +14% to 20.95 mln (PY: 18.39), or 125 Cents (PY: 109) per share.

EQS-News: Mensch und Maschine Software SE presenting H1 Report 2023

Retrieved on: 
Thursday, July 20, 2023

Wessling, July 20, 2023 – Mensch und Maschine Software SE (MUM - ISIN DE0006580806), a CAD/CAM/BIM specialist company, achieved the strongest first half year in the company's history with a record Q1, followed by a solid Q2, clearly underlining the guidance for full year 2023.

Key Points: 
  • Wessling, July 20, 2023 – Mensch und Maschine Software SE (MUM - ISIN DE0006580806), a CAD/CAM/BIM specialist company, achieved the strongest first half year in the company's history with a record Q1, followed by a solid Q2, clearly underlining the guidance for full year 2023.
  • Half year sales amounted to EUR 174.38 mln (PY: 156.59 / +11%), with EUR 54.58 mln (PY: 48.77 / +12%) from M+M Software and EUR 119.80 mln (PY: 107.82 / +11%) from the VAR Business.
  • 6M gross profit climbed to EUR 88.06 mln (PY: 80.03 / +10%), with EUR 49.37 mln (PY: 44.43 / +11%) from M+M Software and EUR 38.69 mln (PY: 35.60 / +8.7%) from the VAR Business.
  • Operating profit EBIT was increased to EUR 26.33 mln (PY: 22.70 / +16%), with EUR 16.21 mln (PY: 13.73 / +18%) from M+M Software and EUR 10.12 mln (PY: 8.97 / +13%) from VAR Business.