sur Secunet Security Networks AG (ETR:YSN)
Secunet Security Networks AG Reports Strong Start to 2025
secunet Security Networks AG, Germany's leading cybersecurity company, has commenced the 2025 financial year on a high note, significantly outperforming the previous year. The company reported a substantial increase in both revenue and earnings before interest and taxes (EBIT) for the first quarter of 2025. Group sales reached 78.3 million euros, a notable rise of 35.9% compared to Q1 2024, with the Public Sector segment contributing the most to this growth.
The Business Sector recorded sales of 10.6 million euros, marking a steady increase from the prior year. International sales also surged by 35.3%, totaling 9.2 million euros. EBIT improved significantly, reaching 1.8 million euros compared to a previous negative figure. secunet's workforce grew by 4.4%, totaling 1,083 employees.
The company's robust start supports its forecast for 2025, projecting group sales around 425 million euros. The order book remains steady, setting a favorable foundation for continued progress.
R. P.
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