Press release – Annual figures 2019 – Revenue stable, recurring revenue up 20%

Groenlo, the Netherlands, 20 February 2020 17:45

Highlights 2019
• Stable revenue of €191.5 million in 2019, with increasing added value
• Recurring revenue rose 20% and is now at 23% of the total revenue
• The Healthcare business unit continued its robust growth trend. Identification Systems, Light Controls and Security
Management also performed well, while Livestock Management and Retail posted lower revenue. Revenue at
Staffing Solutions remained more or less stable
• Continued investments in the organisation, especially in the recruitment of new employees, brought the operating
profit down to €17.5 million (€19.4 million in 2018)
• The operating margin (EBIT) came in at 9.1%, compared to 10.2% in the same period of 2018
• The increase in the number of FTE resulted in an added value per FTE of €173,000 in 2019 (€179,000 in 2018)
• Net profit, including the book profit generated in the third quarter of 2019 upon completion of the sale of Nedap
France S.A.S., amounted to €24.1 million (€17.1 million in 2018), i.e. earnings per share of €3.74 (€2.66 in 2018).
Net profit excluding the book profit came in at €14.2 million
• Dividends for the 2019 financial year have been set at €4.50 (€2.50 in 2018)
• Nedap is expecting 2020 revenue to be up on 2019

Please click the following link for the download: Press-release-Nedap-annual-figures-2019