RIB Group increases preliminary operating EBITDA by 57.9% to about EUR 33.0 million (prior year: EUR 20.9 million) and generates the highest revenues in the company's history

10.02.2017 - Corporate News

Stuttgart, Germany, 10.02.2017. RIB Software AG (ISIN DE000A0Z2XN6), the worlds leading provider of 5D BIM Big Data technology, announces its preliminary and unaudited financial figures for the fiscal year 2016.

Preliminary revenues of RIB Group rose significantly by 19.1% to EUR 97.8 million (2015: EUR 82.1 million). Preliminary operating EBITDA* (adjusted by currency effects and one-off / special effects) increased in the fiscal year by 57.9% to EUR 33.0 million (2015: EUR 20.9 million). The operating EBITDA margin thus reached 33.7% (2015: 25.5%). Preliminary figures for earnings before interest, taxes, depreciation and amortization (EBITDA) rose by 31.6% to around EUR 32.9 million (2015: EUR 25.0 million).

RIB Software AG will publish its final figures for the fiscal year 2016 as well as the guidance for the fiscal year 2017 on Friday, 31st March 2017.

*adjusted by currency effects (2016e: EUR -0.1 million; 2015: EUR +3.8 million) und one-off / special effects (2016e: EUR 0.0 million; 2015: EUR +0.2 million)

The RIB Group

RIB Software SE is an innovator in construction business. The company creates, develops, and offers iTWO new thinking, new working method and new technology - for construction projects across various industries worldwide. iTWO today is the worlds 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 almost 900 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.