secunet Security Networks Aktiengesellschaft Earnings Call Transcripts
Fiscal Year 2026
-
Revenue grew 4.4% year-over-year, driven by strong Public Sector demand and record order intake, while EBIT was temporarily negative due to a one-time effect and investments for growth. 2026 guidance is confirmed with high confidence, supported by a robust order backlog and strong liquidity.
Fiscal Year 2025
-
Record 2025 results with 13% revenue and 21% EBIT growth, strong order backlog, and no bank debt. New flexible dividend policy and robust international expansion support a positive 2026 outlook despite supply chain and geopolitical risks.
-
Sales rose 13% to EUR 458.8M and EBIT grew 22% to EUR 51.7M, driven by strong Q4 and defense sector momentum. 2026 guidance targets EUR 460–500M revenue, with continued investment in cloud and recurring revenue models.
-
Revenue grew 12% and EBIT surged 41% year-over-year for the first nine months of 2025, driven by strong demand in public, defense, and business sectors. Full-year guidance is confirmed, with Q4 expected to be the strongest quarter.
-
Strong H1 2025 results with significant revenue and EBIT growth, driven by public sector demand and international expansion. Outlook for 2025 is confirmed, with late federal budget approval pushing order execution to Q4 and possibly into 2026.
-
Revenue grew 36% year-over-year in Q1 2025, with strong EBIT/EBITDA margins and robust growth in public, business, and international sectors. The €425M revenue forecast and margin guidance are confirmed, with strategic investments focused on cloud and post-quantum technologies.
Fiscal Year 2024
-
Zikunet achieved record revenue above €400M, strong public sector and international growth, and expanded its secure cloud and mobile offerings. Outlook for 2025 targets €425M revenue, with continued investment in R&D and a stable dividend policy.