RIB Software AG (RSTA) is the number one publicly quoted family company in Europe
Stuttgart, Germany, 01 October 2014. RIB Software AG (ISIN DE000A0Z2XN6), the holding company of main shareholder Thomas Wolf (CEO) & family, was rated in first place out of 1,111 publicly quoted family companies in Europe. The six rating criteria of this topical study by BHF Bank were: turnover growth, equity ratio, EBIT margin, net gearing ratio, cash conversion and P/E ratio, whereby the family companies were examined with a view to their suitability as possible investments. RIB was particularly impressive thanks to its solid equity ratio, dynamic turnover growth and a net liquidity position. In order to be ranked as a family company, a minimum market capitalisation of 500 million EUR and more than 25 percent stake had to be family owned. The definition of family company essentially concerns the issue of uniting ownership and leadership of the company.
Since Monday 22 September 2014, RIB has been listed on the TecDAX and can look back on a strong growth in orders this year. RIB management's aim, to increase large deals (Phase-II > 500 thousand USD) each year by 80%, has been impressively achieved since 2011 and is already tangibly close in the 2014 business year, with 11 large deals already finalised out of a planned 14.
About RIB Group
RIB Software AG is an innovator in construction industry. The company designs, develops, and offers iTWO technology for the construction industry worldwide. iTWO is the world's first Cloud-based Big Data BIM 5D enterprise solution for construction industry. Since its inception in 1961, RIB Software AG has been the pioneer in construction innovation, exploring and bringing in new technology, new thinking and new working method 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 700 talents located in over 36 offices worldwide, RIB is serving 100,000 clients including construction contractors, developers, owners, investors and governments, in the field of building construction, infrastructure, EPC sector, etc.