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Vitec Software Group AB (publ) Company Snapshot
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 (2016 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).

Sales Analysis. Vitec Software Group AB (publ) reported sales of SEK 675.41 million (US$83.89 million) for the year ending December of 2016. This represents an 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) .
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Vitec Software Group AB (publ)
  Stock Performance Chart for Vitec Software Group AB (publ)
  Stock Data: Recent Stock Performance:
  Current Price (1/19/2018): 85.60
(Figures in Swedish Kronor)
1 Week -1.6%   13 Weeks -0.8%  
4 Weeks 3.8%   52 Weeks 11.9%  
Vitec Software Group AB (publ) Key Data:
  Ticker: VIT B Country: Sweden
  Exchanges: STO Major Industry: Software & Services
    Sub Industry: Prepackaged Software
  2016 Sales 675,414,000
(Year Ending Jan 2017).
Employees: 507
  Currency: Swedish Kronor Market Cap: 2,516,356,664
  Fiscal Yr Ends: December Shares Outstanding: 29,396,690
  Share Type: B Aktie Closely Held Shares: 10,498,008
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