The EBIT margin increased significantly from 16.7% to 24.4%, which is primarily due to the successful conversion of the Autodesk business model. Sales amounted to EUR 66.02 million (previous year: EUR 100.87 million), whereby the decline was expected due to the new commission rule in the Autodesk business. Gross profit fell only slightly by 1.5% to EUR 49.44 million, while net profit reached EUR 10.39 million, the second-best figure of all time
Outlook and targets: The ambitious targets for 2025/26 were confirmed: For 2025, M+M expects gross profit to grow by 5-7% and EBIT and EPS to increase by 9-19%. For 2026, a further acceleration with 8-12% gross profit growth and 13-25% EBIT/EPS growth is forecast. The dividend is expected to rise to 205-215 cents in 2025, with a further increase planned for 2026
Strategic development: The internal investments in new IT systems and the external conversion of the business model are having an impact. The company continues to focus on organic growth and strict cost management, which is reflected in its high profitability
Conclusion: M+M has started the year with a very strong quarter, confirming its ambitious targets and benefiting sustainably from the recent changes to its business model. There are currently no negative surprises, but rather a continuation of the success story
$MUM (+0.46%)
https://www.mum.de/investor-relations/investor-relations-deutsch/unternehmensmeldungen/2025-04-23
