Vitec Software Group AB (publ) operates in the Prepackaged software sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Vitec Software Group AB (publ) with three other
companies in this sector in Sweden:
Kambi Group PLC
sales of 530.21 million Swedish Kronor [US$65.86 million]
Paradox Interactive AB (publ)
(653.74 million Swedish Kronor [US$81.20 million]
of which 89%
was USA), and
RaySearch Laboratories AB (publ)
(531.47 million Swedish Kronor [US$66.01 million]
of which 91%
was License revenues).
Vitec Software Group AB (publ) reported sales of SEK 675.41 million (US$83.89 million)
December of 2016.
increase of 9.2%
versus 2015, when the company's sales were SEK 618.39 million.
This was the third consecutive year of growth at Vitec Software Group AB (publ).
Sales of Auto saw an increase
that was more than double the company's growth rate: sales were up
67.5% in 2016, from
SEK 71.10 million to SEK 119.10 million.
Vitec Software Group AB (publ) also saw significant increases in sales in
Capitex (up 23.2% to SEK 126.70 million)
Not all segments of Vitec Software Group AB (publ) experienced an increase in sales in 2016:
sales of Media fell 56.6% to SEK 4.60 million.
(However, this segment's sales were only a very small portion of the company's overall sales).
Vitec Software Group AB (publ) also experienced decreases in sales in
Brokerage (down 25.7% to SEK 155.20 million)