Vitecs koncernledning.
Vitecs koncernledning.

Vitec: Net sales exceeds SEK 1 billion

Vitec reaches new level. SEK 1,000 million in sales and SEK 100 million in profit before tax.

In conjunction with the closing of Vitec’s books for the year-end, the company surpassed two significant levels: SEK 1,000 million in sales and SEK 100 million in profit before tax.

“Ten years ago, we passed the SEK 100-million milestone in sales and the SEK 10-million mark in profits. Our performance has been developing well and our business model has proven to be robust,” Lars Stenlund, CEO, says.

“Supported by our acquisition of well-established companies and a high and increasing percentage of recurring revenues, Vitec will stay its course – to be a vertical software company with excellent risk diversification, as well as sustainable and profitable growth. And we also increase dividends for the 17th consecutive year,” Lars Stenlund says.


Text by: Mikael Hansson

Photographer: Vitec

Published: 21 March, 2019



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Mikael Hansson

Vitec

21 March, 2019