Nemetschek soars on 'solid' Q3 results
** Shares in Nemetschek NEKG.DE are up 9% after the German software developer reported consensus-beating "solid" Q3 results
** Q3 group revenue increased by 15.1%, EBITDA was up 6.7% year-on-year
** Stiefel says revenues came in 1% above consensus while EBITDA was 5% ahead of expectations, adding that it was "another solid quarter" for the company
** "Looks solid on first sight," a local trader says
** Shares hit their highest level since January 2022
Reporting by Bartosz Dabrowski in Gdansk
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