Secunet Security Networks AG Reports Revenue and EBIT Growth in Nine-Month Period

secunet Security Networks AG announced a 7% increase in revenue to 254.8 million euros for the first nine months of 2024. The boost was largely due to strong performance in the Public Sector segment. Revenues in the third quarter alone rose by 26% compared to the previous year. EBIT surged by 82% to 17.6 million euros, with the third quarter significantly contributing to this increase.

The order intake trend remains positive, with a 22% rise to 294.3 million euros. Consequently, the order book as of September 30, 2024, increased by 16%. CEO Axel Deininger expressed confidence in strong fourth-quarter performance, supported by a high order backlog and seasonal factors. The company slightly revised its annual revenue forecast, now expecting over 400 million euros, with EBIT projected around 42 million euros.