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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: RaySearch Laboratories AB (publ) (2017 sales of 585.09 million Swedish Kronor [US$66.78 million] of which 75% was License revenues), Paradox Interactive AB (publ) (813.79 million Swedish Kronor [US$92.89 million] of which 89% was USA), and Kambi Group PLC (598.97 million Swedish Kronor [US$68.37 million] ).

Sales Analysis. Vitec Software Group AB (publ) reported sales of SEK 855.03 million (US$97.59 million) for the year ending December of 2017. This represents an increase of 26.6% versus 2016, when the company's sales were SEK 675.41 million. This was the fourth straight year of sales growth at Vitec Software Group AB (publ). Sales of Environment saw an increase that was more than double the company's growth rate: sales were up 139.7% in 2017, from SEK 18.40 million to SEK 44.10 million. Vitec Software Group AB (publ) also saw significant increases in sales in Health (up 139.0% to SEK 158.00 million) . Not all segments of Vitec Software Group AB (publ) experienced an increase in sales in 2017: sales of Brokerage fell 11.1% to SEK 138.00 million. Vitec Software Group AB (publ) also experienced decreases in sales in Energy (down 0.8% to SEK 25.70 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 (5/25/2018): 78.00
(Figures in Swedish Kronor)
1 Week -0.5%   13 Weeks -2.0%  
4 Weeks -6.3%   52 Weeks 8.3%  
 
Vitec Software Group AB (publ) Key Data:
  Ticker: VIT B Country: Sweden
  Exchanges: STO Major Industry: Software & Services
    Sub Industry: Prepackaged Software
  2017 Sales 855,029,000
(Year Ending Jan 2018).
Employees: 573
  Currency: Swedish Kronor Market Cap: 2,327,434,200
  Fiscal Yr Ends: December Shares Outstanding: 29,838,900
  Share Type: B Aktie Closely Held Shares: 10,348,008
 
 
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