- EBITDA grows by 22.9% to € 40.2 million (2016: € 32.7 million)
- EBITDA margin rises to 37.1% (2016: 33.4%)
- Increase in Revenues by 10.6% to € 108.3 million (2016: € 97.9 million)
Stuttgart, Germany, 15.02.2018. RIB Software SE (ISIN DE000A0Z2XN6), the world’s leading provider of 5D BIM Big Data technology, today announces its preliminary and unaudited financial figures for the fiscal year 2017.
Group revenues of the RIB Group increased by 10.6% to € 108.3 million (2016: € 97.9 million). EBITDA increased by 22.9% to € 40.2 million in the financial year (2016: € 32.7 million). In terms of revenues, the forecast (in the range of € 98 million to € 108 million) was thus slightly exceeded, and EBITDA reached the upper end of the forecast corridor (€ 38 million to € 41 million).
The EBITDA margin of the RIB Group increased to 37.1% in the 2017 financial year (2016: 33.4%). Maintenance revenues rose by 22.5% to € 33.2 million (2016: € 27.1 million). Software licence revenues grew by 20.1% to € 34.7 million (2016: € 28.9 million).
RIB Software SE will publish its final figures for the fiscal year 2017 as well as the guidance for the fiscal year 2018 on Thursday, March 29, 2018.
The RIB Group
RIB Software SE is an innovator in construction business. The company creates, develops, and offers iTWO³ – new thinking, new working method and new technology - for construction projects across various industries worldwide. iTWO today is the world’s first Cloud / License based Big Data 5D BIM enterprise solution for construction companies, industrial companies, developers and investors. Since its inception in 1961, RIB Software SE has been the pioneer in construction innovation, exploring and bringing in new thinking, new working method and new technology to enhance construction productivity, and transforming the construction industry into the most advanced and digitalized industry in the 21st century. RIB is headquartered in Stuttgart, Germany, and listed in Prime Standard Frankfurt Stock Exchange since 2011. With about 800 talents located in over 30 offices worldwide, RIB is serving 100,000 clients including construction contractors, sub-contractors, developers, owners, investors and governments, in the field of building construction, infrastructure, EPC sector and more.