Germany's Mensch und Maschine 2025 EPS hits record after Autodesk commission model switch

Reuters
Mar 17
Germany's Mensch und Maschine 2025 EPS hits record after Autodesk commission model switch 

Overview

  • Germany CAD/CAM software firm's 2025 EPS rose to record 1.91 EUR despite restructuring costs

  • Operating margin improved after Autodesk's switch to commission model, boosting EBIT margin to 20.6%

Outlook

  • Mensch und Maschine expects 2026 gross profit of EUR 193-200 mln, up 6-10%

  • Company targets 2026 EPS of 211-226 Cents, up 11-19%

  • Mensch und Maschine plans 2026 dividend of 220-240 Cents

Result Drivers

  • RESTRUCTURING COSTS - Co said record results were achieved despite non-operational burdens from personnel consolidation

  • COMMISSION MODEL IMPACT - Autodesk's switch from resale to commission eliminated non-value-adding revenue streams and boosted EBIT margin

  • LOWER COST BASE - Management said a lower cost base makes profit growth targets more achievable

Company press release: ID:nEQ7zTQsqa

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

FY EPS

EUR 1.91

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10