The Nemetschek Group, the parent holding company for many of the world’s top software brands in architecture, design, and construction, has been ranked among the Top 3 of Strongest-Growing Medium-sized Companies in Germany.
2nd Place
The Nemetschek Group was ranked 2nd among the “TOP 100 Ranking of SMEs 2020” as carried out by the management consultants Munich Strategy for the Handelsblatt newspaper. The Group improved from its fourth-place ranking last year.
The Nemetschek Group is ranked in the top 3 TOP 100 Strongest-Growing Medium-Sized German companies.
“Long before digitization became a buzzword, Nemetschek, as an industry pioneer, was already involved in digital construction”, explains Dr. Sebastian Theopold, founder of Munich Strategy and author of the study, which was conducted for the eleventh time. “In recent years, the company has built up a broad platform around the design, construction, and management of buildings. With the Media & Entertainment business unit, Nemetschek has further diversified its portfolio and thus laid the foundation for future growth”.
Munich Strategy looked at over 4,000 German companies with annual sales between EUR 10 million and 1 billion. “TOP 100” companies were identified based on their long-term growth and profitability and the selection was based on the companies’ performance in the years 2015 to 2018/2019, half of which is made up of average sales growth and half of the average EBIT ratio of the companies.
“We are very pleased to be among the top 3,” says Dr. Axel Kaufmann, Spokesman of the Executive Board and CFOO of the Nemetschek Group. “The Nemetschek Group supports the construction industry with innovative solutions for the digital transformation. We are well-positioned and, thanks to our close customer relationships, the broad diversification in target industries and regions and the increasing share of recurring revenues, we have fortunately coped better with the current situation than initially expected”.
The results of the ranking were presented on October 27, 2020, in Handelsblatt and on handelsblatt.com.
To learn more about The Nemetschek Group visit here now.