Nemetschek SE
NEM: XETR (DEU)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| #b> | LOCK|^c?Jn | LOCK|?J^S>&!D |
Nemetschek: Stock Rises 10% on Strong Preliminary Fiscal 2024 Results
Nemetschek surprised the market with robust revenue growth in the fourth quarter that drove fiscal 2024 results above guidance. Fiscal 2024 organic revenue growth was 14% versus guidance of 10%-11% while reported EBITDA margin is expected to be slightly above guidance of 29%-30%.
