RIB Software SE announced preliminary revenue results for the full year of 2019. For the full year of 2019, the company achieves revenues of €214.3 million, +57% compared to the previous year. The organic growth rate for ARR/NRR revenue was 12%.

The company provided earnings guidance for the full year of 20202. In 2020, revenue is expected to reach €270 million to €310 million.