Mensch und Maschine

Mensch und Maschine reported a group revenue increase of 8.4% to €71.6m in the first quarter, with double-digit gains in gross profit and earnings, posting the most profitable quarter in the company’s history. Growth was driven mainly by its own MuM software, while cost discipline and a small one-off effect from a partial sale further raised profitability. The company uses AI for documentation, automated testing and partial code support and estimates a 20–30% productivity gain in development. Management signalled confidence for the rest of the year, is considering opportunistic share buybacks and is sticking to its dividend policy. » Więcej na deraktionaer.de

Mensch und Maschine is undergoing a business-model shift in its Autodesk segment from direct sales to commission-based revenues with higher margins, which temporarily depresses revenue. The company expects 2025 earnings per share (EPS) to rise by 9–19% and anticipates renewed revenue and profit growth from 2026 (EPS +13–25%). In addition, a dividend increase of at least €0.20 for 2026 and €0.25 in the following year is planned; at a share price of around €40 this corresponds to a current yield of about 4.6%. » Więcej na de.investing.com

Mensch und Maschine has boosted its earnings power by shifting away from Autodesk; the EBIT margin climbed in the third quarter from 10.6% to 18.5% and EBIT rose 3.1% to €10.42 million. The company signals that the transition, including personnel measures, is largely complete, although one-off costs of around €1.5 million will still weigh on the current year. For the first nine months, EBIT remained slightly down (-2.4%), mainly due to special charges, but management says the business model with its own software shows high profitability. » Więcej na de.investing.com