Collaboration par excellence

Example: Hasselt City Hall, Belgium — The building of the new municipal administration center in Hasselt, Belgium, demonstrates how seamless collaboration in building projects can minimize risks and save costs from the design phase all the way to commissioning.
A joint project of several brands of the Nemetschek Group.
Nemetschek brands involved: Allplan, GRAPHISOFT, Solibri

Pioneering planning and project execution with Open BIM

“The end-to-end use of BIM solutions constitutes genuine added value for all stakeholders in the building process
because it enables seamless and efficient collboration”

Steven Hendrickx, Head Architect in Hasselt

Large-scale, highly complex building projects in particular require ongoing, reliable and efficient coodination between all stakeholders – both internal and external – across disciplines and between companies. Therefore, in association with other market players, the Nemetschek Group is promoting the Open BIM data standard. This is a universal, collaborative approach to designing, constructing and operating buildings based on open standards and workflows It makes it possible for project stakeholders to collaborate, even if the type of software varies from user to user. The Industry Foundation Classes (IFC) interface has established itself as an open standard and is therefore of central significance.

Sharing and evaluating data throughout the entire product life cycle saves time and money and improves quality. The administration of data is key to this digital transformation, for it is only possible to take full advantage of the potential if each stakeholder can access the data that he or she needs at any given time. This begins with a realistic BIM building model, which is an essential prerequisite for a genuine 5D workflo. This model is no longer limited to just 3D construction data; it also includes data concerning the dimensions of time and costs.

Seamless collaboration exemplified by the Hasselt City Hall

Under the management of the architect team comprising Jaspers-Eyers, MASS Architects and Michel Janssen, a new municipal administration center is being built in Hasselt. The complex, consisting of a renovated building section and a new building, provides approx. 17,000 m2 for the city administration and social services as well as offices. The architects and their most important partners are using Open BIM software solutions for the entire construction process. Three Nemetschek solutions are being implemented for this project: Archicad from Graphisoft for the design and planning of the architects, Allplan Engineering for civil engineering, and the Solibri Model Checker for the BIM quality control carried out by the construction company.

From the beginning, all information concerning the building project is contained in the digital building model – from the draft to implementation – including all design details, desired materials, fire protection requirements, acoustic properties, insulation and building structures, and administration. This constitutes considerable added value for all stakeholders compared to the old standard model, which was purely 3D. Thus, this improvement ensures more than just seamless collaboration between all those involved. The complex project can be turned over to the municipality – the proud building owner – with the required quality, on time and within the specified budget.

Hasselt City Hall is groundbreaking – in terms of design, planning and project implementation.

Independent and yet consistent

Steven Hendrickx, the head architect in Hasselt, recognized four decisive factors with Open BIM over the course of the successful project:

  • Individual partners design their model with their preferred BIM software, and with their own templates. Outstanding collaboration is ensured, though, thanks to a common, uniform standard which is specified in advance.
  • The division of labor is defined at the beginning of the project. Data on statics, for instance, have an essential impact on the architecture and structural design. Data on heating, ventilation and air-conditioning, on the other hand, are also important but don’t generally flow directly into the architecture. These data, for example, can be sufficiently analyzed with the BIM solution for quality assurance from Solibri.
  • Design changes in one area don’t necessarily affect the plans of all the others involved in the project. The architecture and the building stage are inherently the most closely linked.
  • The expertise of the staff, i.e., extensive holistic knowledge of the various building disciplines, is also critical for the success of the project.

Two examples of the advantage of precise planning

In Hasselt, the construction company was commissioned with excavation, among other tasks. An assessment of the amount of sand that needed to be removed was done based on a cal culation using conventional 2D planning methods, which yielded a result of 800 cubic meters. The engineers used the Solibri Model Checker based on Open BIM and the data provided by the architects and arrived at a figue that was just half this amount, i.e., 400 cubic meters of sand. This shows how exact the work with Open BIM solutions can be.

The steel struts to be installed are another example: With the interface function IFC Exports from Allplan, it was possible to use the BIM model to automatically calculate which steel struts needed fieproofing. All it took was a mouse click to obtain precise results, right down to the running meter. In projects that don’t use Open BIM solutions, these calculations are made by manually entering the data from 2D drawings in Excel or some other software and then recalculating and evaluating the data for use in quotations and planning, a process that is susceptible to error and one that leaves a lot of room for interpretation. These errors often go undetected until the actual cost planning is already completed. In the case of the Hasselt City Hall,  it was possible to avoid such errors from the outset.

Converting to Open BIM pays off

As is the case with any change, it takes a certain amount of time for companies and employees to accept BIM as the norm. The best way, according to Steven Hendrickx, is to start out by planning smaller projects using BIM. The experience thereby gained will make it possible to complete successively larger BIM projects. The advantages of collaborating through Open BIM are obvious: The entire workflow is much simpler for all project stakeholders, and building projects are completed within time and cost budgets.

CONCLUSION

Consistent standards and open interfaces in par-ticular are essential for successful building projects. Stakeholders need solutions that can “work together” for all and any individual tasks being performed. Seamless collaboration between humans and machines: This is ensured with Open BIM, and backed by the brands of the Nemetschek Group.



Reference projects on this topic:

Successful fiscal year 2013

  • EBITDA rises by 13% to EUR 46.3 million, EBITDA margin at 24.9%
  • Earnings per share significantly above previous year at EUR 2.49 Euro (+23%)
  • Solid balance sheet: Equity ratio of 66.2%, cash and cash equivalents at EUR 48.6 million
  • Dividend increases by 13% to EUR 1.30 per share
  • Optimistic outlook for 2014

Munich, March 28, 2014 – Today Nemetschek AG (ISIN 0006452907) announced its fiscal year figures for 2013 and the outlook for 2014.

Above-average earnings growth in 2013

In the 2013 financial year, the Nemetschek Group achieved revenues amounting to EUR 185.9 million, an increase of 6.2% over the previous year (EUR 175.1 million). The earnings from operating activities before interest, taxes, depreciation and amortization (EBITDA) rose more strongly than revenues. With EUR 46.3 million, the EBITDA increased by 13.0% compared to the previous year (EUR 40.9 million). Thus, Nemetschek was able to improve the EBITDA margin by 1.5 percentage points from 23.4% to 24.9% within a single year. The positive earnings develop-ment is also reflected in the net income for the year. With a rise of 23.0%, the net income for the year (group shares) rose to EUR 24.0 million (previous year: EUR 19.5 million). As a result, the earnings per share were EUR 2.49.

“We look back on a successful 2013 financial year and were able to significantly improve all major key figures compared to the previous year,” says Patrik Heider, CFOO of Nemetschek AG. “In 2013 we succeeded in the continued implementation of our global growth strategy and made advances in major areas such as internationalization, acquisition, innovations and the integration of technological trends in our own solution portfolio. We have thus set the cornerstone for further profitable growth,” Heider continues.

Increase in revenues and earnings in all four segments

In the Design segment, revenues rose by 5.5% to EUR 149.5 million (previous year: EUR 141.8 million). The EBITDA was above-average relative to revenues and rose to EUR 33.1 million, an increase of 14.7% compared to the previous year. The EBITDA margin consequently increased to 22.1% (previous year: 20.3%).

In the Build segment, an increase in revenues of 7.4% was achieved, with revenues rising to EUR 15.4 million (previous year: EUR 14.3 million). The EBITDA increased by 5.5% to EUR 5.5 million, which corresponds to an EBITDA margin of 36.0%.

The development of the Manage segment was extremely positive: With a growth rate of 20.2% in the course of the year, revenues in 2013 rose considerably to EUR 5.0 million (previous year: EUR 4.2 million). The EBITDA grew even more strongly. At EUR 1.1 million, the figure more than doubled over the year (previous year: EUR 0.5 million).

The Multimedia segment also continued on its growth course: In 2013 revenues rose by 8.1% to EUR 16.0 million (previous year: EUR 14.8 million). The EBITDA margin remained high at 40.7%.

Solid balance sheet and comfortable liquidity position

With an equity ratio of 66.2% and cash and cash equivalents amounting to EUR 48.6 million, the Nemetschek Group has extremely solid asset and financial structures. In spite of the acquisition of Data Design System in November 2013 using the company’s own capital resources and the up-coming dividend distribution, Nemetschek has sufficient liquidity reserves for further organic and inorganic growth.

Dividend increases to EUR 1.30 per share

At the Annual Shareholders' Meeting on May 20, 2014, the Executive Board and Supervisory Board will propose a dividend of EUR 1.30 per share, an increase of 13% compared to the previous year (EUR 1.15 per share).

Optimistic outlook for the 2014 financial year

Based on the assumption of a stable economic environment, and the assumption that this will also apply to the construction industry, in addition to a positive impetus for growth arising from techno-logical trends in the AECM (Architecture, Engineering, Construction, Management) and multime-dia industries, the executive board of Nemetschek has an optimistic outlook for 2014. “On the one hand, as a result of our solid balance sheet and high liquidity reserves, we have the financial means to invest in the future, including corporate acquisitions. And on the other hand, we are ide-ally positioned as a group: Our organization is decentralized with a strategic holding and strong, independent brands. We are consequently able to shape our progress in a way which is expedient and customer-oriented. It is our declared goal to continue to grow globally and to increase reve-nues and earnings,” explains Patrik Heider.

For the 2014 fiscal year, Nemetschek Group plans an increase in revenues in the range of EUR 207 million to EUR 212 million (increase of 11% to 14%). An EBITDA margin of between 23% and 25% is expected.

Overview of key figures

In EUR millionFY 2013FY 2012Δ in %
Revenues185.9175.1+6.2%
- thereof software services89.180.1+11.2%
- thereof software licences87.085.8+1.5%
EBITDA46.340.9+13.0%
Margin24.9%23.4% 
EBITA (normalized EBIT)42.036.4+15.5%
Margin22.6%20.8% 
Net income (group shares)24.019.5+23.0%
Earnings per share in EUR2.492.03+23.0%
Net income (group shares) before depriciation of PPA29.725.5+17.4%
Earnings per share before depriciation of PPA3.082.62+17.4%
In EUR millionDec. 31, 2013Dec. 31, 2012Δ in %
Cash and cash equivalents48.644.3+9.6%
Equity118.2106.7+10.7%
Equity ratio66.2%66.8% 
Cash flow from operating40.236.5+10.3%

Key figures by segment

In EUR millionFY 2013FY 2012Δ in %
Design   
Revenues149.5141.8+5.5%
EBITDA33.128.8+14.7%
Margin22.1%20.3% 
Build   
Revenues15.414.3+7.4%
EBITDA5.55.3+5.5%
Margin36.0%36.7% 
Manage   
Revenues5.04.2+20.2%
EBITDA1.10.5+117.5%
Margin22.5%12.4% 
Multimedia   
Revenues16.014.8+8.1%
EBITDA6.56.3+2.8%
Margin40.7%42.8% 

The complete 2013 annual report is available for download in the Investor Relations section of the company website.