System.Data.Entity.Core.EntityCommandExecutionException: An error occurred while executing the command definition. See the inner exception for details. ---> System.Data.SqlClient.SqlException: Invalid column name 'AlsoVisibleInDomains'.
   at System.Data.SqlClient.SqlConnection.OnError(SqlException exception, Boolean breakConnection, Action`1 wrapCloseInAction)
   at System.Data.SqlClient.TdsParser.ThrowExceptionAndWarning(TdsParserStateObject stateObj, Boolean callerHasConnectionLock, Boolean asyncClose)
   at System.Data.SqlClient.TdsParser.TryRun(RunBehavior runBehavior, SqlCommand cmdHandler, SqlDataReader dataStream, BulkCopySimpleResultSet bulkCopyHandler, TdsParserStateObject stateObj, Boolean& dataReady)
   at System.Data.SqlClient.SqlDataReader.TryConsumeMetaData()
   at System.Data.SqlClient.SqlDataReader.get_MetaData()
   at System.Data.SqlClient.SqlCommand.FinishExecuteReader(SqlDataReader ds, RunBehavior runBehavior, String resetOptionsString, Boolean isInternal, Boolean forDescribeParameterEncryption, Boolean shouldCacheForAlwaysEncrypted)
   at System.Data.SqlClient.SqlCommand.RunExecuteReaderTds(CommandBehavior cmdBehavior, RunBehavior runBehavior, Boolean returnStream, Boolean async, Int32 timeout, Task& task, Boolean asyncWrite, Boolean inRetry, SqlDataReader ds, Boolean describeParameterEncryptionRequest)
   at System.Data.SqlClient.SqlCommand.RunExecuteReader(CommandBehavior cmdBehavior, RunBehavior runBehavior, Boolean returnStream, String method, TaskCompletionSource`1 completion, Int32 timeout, Task& task, Boolean& usedCache, Boolean asyncWrite, Boolean inRetry)
   at System.Data.SqlClient.SqlCommand.RunExecuteReader(CommandBehavior cmdBehavior, RunBehavior runBehavior, Boolean returnStream, String method)
   at System.Data.SqlClient.SqlCommand.ExecuteReader(CommandBehavior behavior, String method)
   at System.Data.Entity.Infrastructure.Interception.InternalDispatcher`1.Dispatch[TTarget,TInterceptionContext,TResult](TTarget target, Func`3 operation, TInterceptionContext interceptionContext, Action`3 executing, Action`3 executed)
   at System.Data.Entity.Infrastructure.Interception.DbCommandDispatcher.Reader(DbCommand command, DbCommandInterceptionContext interceptionContext)
   at System.Data.Entity.Core.EntityClient.Internal.EntityCommandDefinition.ExecuteStoreCommands(EntityCommand entityCommand, CommandBehavior behavior)
   --- End of inner exception stack trace ---
   at System.Data.Entity.Core.EntityClient.Internal.EntityCommandDefinition.ExecuteStoreCommands(EntityCommand entityCommand, CommandBehavior behavior)
   at System.Data.Entity.Core.Objects.Internal.ObjectQueryExecutionPlan.Execute[TResultType](ObjectContext context, ObjectParameterCollection parameterValues)
   at System.Data.Entity.Core.Objects.ObjectContext.ExecuteInTransaction[T](Func`1 func, IDbExecutionStrategy executionStrategy, Boolean startLocalTransaction, Boolean releaseConnectionOnSuccess)
   at System.Data.Entity.Core.Objects.ObjectQuery`1.<>c__DisplayClass41_0.<GetResults>b__0()
   at System.Data.Entity.SqlServer.DefaultSqlExecutionStrategy.Execute[TResult](Func`1 operation)
   at System.Data.Entity.Core.Objects.ObjectQuery`1.GetResults(Nullable`1 forMergeOption)
   at System.Data.Entity.Core.Objects.ObjectQuery`1.<System.Collections.Generic.IEnumerable<T>.GetEnumerator>b__31_0()
   at System.Data.Entity.Internal.LazyEnumerator`1.MoveNext()
   at System.Linq.Enumerable.ToDictionary[TSource,TKey,TElement](IEnumerable`1 source, Func`2 keySelector, Func`2 elementSelector, IEqualityComparer`1 comparer)
   at System.Linq.Enumerable.ToDictionary[TSource,TKey,TElement](IEnumerable`1 source, Func`2 keySelector, Func`2 elementSelector)
   at MuME2.Data.Managers.CachingManagerBase`2.GetDictionary() in D:\a\1\s\src\Legacy\MuME2.Core\Data\Managers\CachingManagerBase.cs:line 70
   at MuM.Foundation.Caching.Services.CustomCacheService.Get[T](String key, GetFromSourceDelegate`1 getDelegate) in D:\a\1\s\src\Foundation\Caching\code\Services\CustomCacheService.cs:line 260
   at MuME2.Data.Managers.CachingManagerBase`2.get_CachedDictionary() in D:\a\1\s\src\Legacy\MuME2.Core\Data\Managers\CachingManagerBase.cs:line 72
   at MuME2.Data.Managers.CachingManagerBase`2.All() in D:\a\1\s\src\Legacy\MuME2.Core\Data\Managers\CachingManagerBase.cs:line 67
   at MuME2.Data.Managers.EventTypeManager.All() in D:\a\1\s\src\Legacy\MuME2.Core\Data\Managers\EventTypeManager.cs:line 26
   at MuME2.Data.Managers.EventTypeManager.SingleByName(String name) in D:\a\1\s\src\Legacy\MuME2.Core\Data\Managers\EventTypeManager.cs:line 90
   at MuME2.Data.Managers.EventManager.SingleForDetails(Uri url) in D:\a\1\s\src\Legacy\MuME2.Core\Data\Managers\EventManager.cs:line 73
   at MuM.Project.Website.Services.SeoService.GetCurrentEvent() in D:\a\1\s\src\Project\Website\code\Services\SeoService.cs:line 216
   at MuM.Project.Website.Services.SeoService.GetCanonicalUrl(Base_Page page, String customHost) in D:\a\1\s\src\Project\Website\code\Services\SeoService.cs:line 188
   at MuM.Project.Website.Services.SeoService.RenderHrefLangTags(Base_Page page) in D:\a\1\s\src\Project\Website\code\Services\SeoService.cs:line 65
   at Mum.Relaunch.Web.Controllers.Framework.DefaultPageController.HtmlHead() in D:\a\1\s\src\Legacy\Mum.Relaunch.Web\Controllers\Framework\DefaultPageController.cs:line 111
   at lambda_method(Closure , ControllerBase , Object[] )
   at System.Web.Mvc.ControllerActionInvoker.InvokeActionMethod(ControllerContext controllerContext, ActionDescriptor actionDescriptor, IDictionary`2 parameters)
   at System.Web.Mvc.Async.AsyncControllerActionInvoker.<>c.<BeginInvokeSynchronousActionMethod>b__9_0(IAsyncResult asyncResult, ActionInvocation innerInvokeState)
   at System.Web.Mvc.Async.AsyncResultWrapper.WrappedAsyncResult`2.CallEndDelegate(IAsyncResult asyncResult)
   at System.Web.Mvc.Async.AsyncControllerActionInvoker.EndInvokeActionMethod(IAsyncResult asyncResult)
   at System.Web.Mvc.Async.AsyncControllerActionInvoker.AsyncInvocationWithFilters.<InvokeActionMethodFilterAsynchronouslyRecursive>b__11_0()
   at System.Web.Mvc.Async.AsyncControllerActionInvoker.AsyncInvocationWithFilters.<>c__DisplayClass11_1.<InvokeActionMethodFilterAsynchronouslyRecursive>b__2()
   at System.Web.Mvc.Async.AsyncControllerActionInvoker.AsyncInvocationWithFilters.<>c__DisplayClass11_1.<InvokeActionMethodFilterAsynchronouslyRecursive>b__2()
   at System.Web.Mvc.Async.AsyncControllerActionInvoker.EndInvokeActionMethodWithFilters(IAsyncResult asyncResult)
   at System.Web.Mvc.Async.AsyncControllerActionInvoker.<>c__DisplayClass3_6.<BeginInvokeAction>b__3()
   at System.Web.Mvc.Async.AsyncControllerActionInvoker.<>c__DisplayClass3_1.<BeginInvokeAction>b__5(IAsyncResult asyncResult)

Mensch und Maschine Software SE presenting 9M report 2022

M+M remains undeterred on record track

  • Sales +18% / EBIT +26% / Net profit +29%
  • Guidance for 2022 improved, 2023 target confirmed
Wessling, October 20, 2022 – Mensch und Maschine Software SE (MUM - ISIN DE0006580806), a CAD/CAM/BIM specialist company, remained undeterred on the record track in Q3, achieving the strongest 9M figures in the company's history.

Growth drivers were strong new business for M+M Software, as well as solid renewal business in the VAR segment.

Nine months sales amounted to EUR 228.25 mln (PY: 193.99 / +18%), with EUR 72.59 mln (PY: 60.86 / +19%) from M+M Software and EUR 155.66 mln (PY: 133.13 / +17%) from the VAR Business.

Operating profit EBIT was increased to EUR 30.34 mln (PY: 24.09 / +26%), with EUR 18.85 mln (PY: 15.14 / +24.5%) from M+M Software and EUR 11.49 mln (PY: 8.94 / +28.5%) from the VAR Business.

Net profit after minority shares grew by as much as +29% to 18.69 mln (PY: 14.48), or 111 Cents (PY: 86) per share.

Operating cash flows again achieved a record value at EUR 34.44 mln (PY: 30.11) or 205 Cents (PY: 178) per share.
 
After the dynamic first nine months CFO Markus Pech improves the full year 2022 guidance, now expecting ‘net profit increase by +15-23% to 145-155 Cents per share and a dividend of 135-140 Cents up from 120 Cents in the previous year. From today's perspective, results even at the upper end of these ranges seem achievable.’
 
For 2023, the net profit target remains at 164-181 Cents/share, which relative to the 126 Cents achieved in 2021 represents a bandwidth of +14-20% per year like in the original 2YR guidance, but probably with a slightly steeper increase in 2022, followed by a slightly slower 2023 step.

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