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XSTO
VITb
Market cap1.05bUSD
Oct 09, Last price  
279.80SEK
1D
4.48%
1Q
22.72%
Jan 2017
270.60%
Name

Vitec Software Group AB (publ)

Chart & performance

D1W1MN
XSTO:VITb chart
P/E
25.44
P/S
3.05
EPS
11.00
Div yield, %
1.30%
Shrs. gr., 5y
3.78%
Rev. gr., 5y
22.58%
Revenues
3.63b
+8.97%
136,311,000144,510,000316,336,000359,598,000389,200,000371,631,000491,956,000618,385,000675,414,000855,029,0001,016,763,0001,156,249,0001,312,790,0001,571,309,0001,978,191,0002,777,565,0003,334,428,0003,633,483,000
Net income
435m
+6.16%
11,763,00013,656,00015,006,00026,304,00032,861,00030,229,00049,065,00078,191,00066,814,00079,426,00096,920,000102,166,000160,710,000206,941,000244,866,000339,183,000410,096,000435,364,000
CFO
1.11b
+16.99%
15,921,00036,336,00035,353,00048,717,00060,090,00042,855,000129,328,000140,293,000158,450,000187,630,000197,119,000283,245,000436,334,000488,019,000563,369,000718,399,000949,045,0001,110,292,000
Dividend
Mar 23, 20270.92 SEK/sh

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Profile

Vitec Software Group AB (publ), established in 1985 and headquartered in Umeå, Sweden, is a leading developer and provider of specialized software tailored for a wide range of vertical markets. The company's reach spans Sweden, Denmark, Finland, Norway, and numerous other international territories. Its comprehensive suite of software solutions caters to an extensive and varied clientele. This includes public sector entities such as municipal culture and recreation departments, visitor facilities, social services, and educational institutions, alongside providers in the healthcare, church, and welfare sectors. Vitec also supports critical infrastructure and industries, offering software for banking and finance, information management within process and energy companies, electricity traders, and owners of electricity and district heating grids. Furthermore, its offerings extend to the automotive, transportation, and machinery industries, car dealerships and repair shops, and the construction and property management sectors. The company's specialized software also benefits businesses in the pharmacy market, hair and beauty salons, preschools, real estate agencies, golf courses, media companies, and both liability and general insurance firms, as well as organizations involved in building and facility management and private and municipal waste processing. It also serves local and national associations.

Related entities

Subsidiaries (5)
Olyslager Group B.V.
Vitec Energy Aktiebolag
Vitec Figlo B.V.
Vitec Futursoft Oy
VITEC NMG SPOLKA AKCYJNA

Key people

Lars Stenlund
Chairman of the Board · since 2021
Olle Backman
President, Chief Executive Officer · since 2024
Peter Lidstrom
Chief Financial Officer · since 2024
Gert Gustafsson
Chief Operating Officer · since 2020
Jerker Vallbo
Chief Technology Officer, Chief Information Officer · since 2021
Kerstin Anderson
Vice President - Operations · since 2018
Kim Moller Jensen
Vice President - Operations
Pia Kantola
Vice President - Operations · since 2024
Pien Oosterman
Vice President - Operations · since 2023
Svein Westengen
Vice President - Operations · since 2021
Anna Andersson
Head of Human Resources · since 2017
Anna-Karin Nilsson
Head of Brand · since 2020
Magnus Persson
Business Area Manager Real Estate · since 2016
Ales Zobec
Head of M&A · since 2018
Independent Director · since 2010
Birgitta Johansson-Hedberg
Independent Director · since 2011
Independent Director · since 2023
Kaj Sandart
Independent Director · since 1998
Anna Valborg Valtonen
Independent Director · since 2012
IPO date
Mar 16, 1998
Employees
1,400
Domiciled in
SE
Incorporated in
SE
Headquarters & legal address
Götgatan 8 C
Umeå, AC 903 27
SE
Address
Gotgatan 8 C
Umea, AC 903 27
SE

Valuation

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