RIB Software : with positive business development in the first 9 months of 2017 due to strong 3rd quarter

30-October-2017

RIB Software SE with positive business development in the first 9 months of 2017 due to strong 3^rd quarter

- Revenue increases by 15.4% to EUR 81.7 million

- Operating EBITDA* rises by 100.6% to EUR 35.9 million

- Increase of EBITDA forecast

Stuttgart, Germany, 30 October 2017. RIB Software SE (ISIN DE000A0Z2XN6), the world's leading provider of 5D BIM Big Data technology, today announces its financial figures for the first 9 months of 2017.

Due to a strong Q3 2017, the RIB Group's revenue and EBITDA for the first nine months of 2017 are significantly above the previous year's figures. Group revenue increased in the first nine months by 15.4% to EUR 81.7 million (previous year: EUR 70.8 million). International revenue rose by 31.5% to EUR 43.4 million (previous year: EUR 33.0 million). Revenue in the iTWO key account segment increased by 108.2% to EUR 12.7 million (previous year: EUR 6.1 million). The sale of software licenses also witnessed significant growth of 38.5% to EUR 26.6 million (previous year: EUR 19.2 million). Operating EBITDA* increased by 100.6% to EUR 35.9 million (previous year: EUR 17.9 million).

Further good growth opportunities for the RIB Group

In view of the sustainable trend towards the digital transformation of the construction industry, we continue to see good growth opportunities for the RIB Group, which are reflected in the successful development in the third quarter of 2017. In the first nine months of 2017, the RIB Group's revenue and EBITDA are significantly above the previous year's figures. Based on a promising deal pipeline, we are currently assuming further Phase-II-deals in 2017, but with the uncertainty that these deals may shift to future periods in 2018. Due to the positive business development in the first nine months of 2017, the RIB Group concretises the revenue forecast for fiscal year 2017 to the upper third of the published guidance (EUR 98 million to EUR 108 million) and increases the EBITDA forecast for fiscal year 2017 to a range from EUR 38 million to EUR 41 million (previous forecast: EUR 28 million to EUR 38 million).

Consolidated Figures - Overview

* EBITDA and EBT adjusted for currency effects (9M 2017: EUR -0.2 million; 9M 2016: EUR -0.9 million) and one-off / special effects (9M 2017: EUR +0.4 million; 9M 2016: EUR 0.0 million)

** Previous year as of 31 December 2016

The complete Interim Report (January - September 2017) is available for download on the RIB Group website under investor relations.

About 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.