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PRESS RELEASE: Mensch und Maschine Software SE discloses preliminary 2013 figures

DGAP-News: Mensch und Maschine Software SE / Key word(s): Preliminary Results Mensch und Maschine Software SE discloses preliminary 2013 figures

10.02.2014 / 09:30

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Strong closing quarter made 2013 finally successful - EBITDA 2013 purely operating nearly EUR 3 Million above PY

Wessling, February 10, 2014 - Mensch und Maschine Software SE (MUM - ISIN DE0006580806), a CAD/CAM specialist company, finished the fiscal year 2013 with a strong closing quarter, according to preliminary figures. On a purely operating basis, operating profit EBITDA for the full year 2013 was improved by nearly EUR 3 mln compared to the previous year.

Group sales 2013 amounted to approx. EUR 125.8 mln (PY: 118.80 / +5.9%), with Software contributing approx. EUR 35.1 mln (PY: 33.62 / +4.4%) and the VAR Business contributing approx. EUR 90.7 mln (PY: 85.18 / +6.4%). Software sales suffered from the strong Euro, particularly against the Japanese YEN. The Software segment grew more than 8% in local currencies.

Gross margin increased slightly disproportionately to sales by approx. 7% to approx. EUR 67.4 mln (PY: 62.97), with contributions of approx. EUR 32.5 mln (PY: 30.63 / +6.1% or +10% in local currencies) from Software and approx. EUR 34.9 mln (PY: 32.34 / +7.9%) from the VAR Business.

Other operating income decreased to approx. EUR 7.6 mln (PY: 13.11), as the contribution from the sale of the Distribution business, closed in 2011, was down to EUR 4.0 mln (PY: 9.0), according to plan.

Total added value, defined as gross margin plus other operating income, amounted to approx. EUR 75.0 mln, which was slightly under the previous year's EUR 76.08 mln, due to the EUR 5 mln less contribution from the Distribution sale.

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PRESS RELEASE: Mensch und Maschine Software SE discloses preliminary 2013 figures