Mensch & Maschine Software

DB: MUM

€468.8m market cap

€28.1 last close

Mensch und Maschine Software (M+M) sells proprietary and Autodesk CAD/CAM software. It reports across two business lines: M+M Software (28% of FY16 revenues) and VAR (72% of FY16 revenues). The company has operations in Europe, the US and Asia-Pacific.

Investment summary

Mensch und Maschine (M+M) reported strong revenue growth for the nine months to 30 September 2018 (9M18), with both divisions achieving double-digit growth on a year-on-year basis. Group EBITDA margins expanded over the same period, with better profitability for both businesses. Management has maintained its growth and profitability guidance for FY18, underpinned by the strong 9M18 results.

Sector
TMT
Share price graph
Price performance
%
1m
3m
12m
Actual 7.7 18.1 32.5
Relative* 6.8 18.5 46.1
52-week high/low €30.7/€21.3
*% relative to local index
Key management
Adi Drotleff Chairman & CEO
Markus Pech CFO
Christoph Aschenbrenner COO