sur Secunet Security Networks AG (ETR:YSN)
Secunet Security Networks AG Reports Strong Q1 2026 Growth
In the first quarter of 2026, secunet Security Networks AG experienced significant growth, as detailed in its Group Quarterly Statement. Revenue rose by 4.4% to €81.8 million, compared to €78.3 million in Q1 2025. The company saw a substantial increase in order intake, which nearly doubled, reaching €143.0 million from the previous year's €75.0 million. Despite these positive indicators, EBITDA decreased to €1.4 million from €6.6 million, and EBIT fell to -€4.0 million due to organizational expansion and a seasonal one-off effect.
The Public Sector segment emerged as the main revenue driver, particularly through the Defense & Space division. Meanwhile, the Business Sector segment faced a decline, with revenue dropping by 49.4%. The company is optimistic about 2026, expecting revenue between €460–€500 million, confirming its EBIT and EBITDA forecasts. The increased order backlog provides a solid foundation for further growth this year.
R. P.
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