Vitec
Enterprise Resource Planning (ERP) · Sweden · 1K - 5K Employees
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Overview
Headquarters
Tvistevägen 47 a, Umea, Vaesterbotten, 9...Phone Number
+46 90154900Website
www.vitecsoftware.comRevenue
$378.5 MillionStock Symbol
VIT-B.STIndustry
ZI Rank: 1
Signal Type
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ZI Rank
1
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About Vitec
Founded in 1985, Vitec Software Group is a Sweden-based software company specializing in industry-specific business applications. The company provides comprehensive solutions, including property and energy management systems for buildings, forecasting systems for energy companies to predict electricity, district heating, and wind power, management systems for realtors, and media distribution platforms.Explore more
Vitec Org Chart
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Company Profile Activity
Activity Insights
Vitec is experiencing very low activity levels compared to other companies in the Software sector.
What does this means?
Vitec is drawing exceptional interest within the Software industry, suggesting notable developments or strong market momentum, learn more about Vitec.
Vitec Tech Stack
A closer look at the technologies used by Vitec
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Most Recent Scoops
Mergers & Acquisitions (M&A)
Mergers & Acquisitions, Acquisitions, Mergers
Hiring Plans
Vitec has more open roles in Engineering & Technical than it has had at any time in the past 6 months. Technologies mentioned include: MySQL, PHP, Linux, MongoDB, Playwright, and C#.
Hiring Plans
Open Position
Open Position
Vitec News & Media
Ambitious Nordic player chooses PORTMAN as new group platform
Gabler – one of the leading independent commercial providers of pension and asset management in Norway – has high ambitions for the Nordic Market with an acquisition-based growth strategy. Investing in a new solution for investment management will ensure further scalability and broad business support out of the newly-established office in Copenhagen. Gabler, who serve over 400,000 pension entitlements with a combined capital under advice of NOK 110 billion, took an important step towards fulfillAmendment:Vitec Software Group AB Interim report January - June 2022
Amendment, year changed to 2022 in headline. Summary of interim period, January–June 2022 • Net sales SEK 895 million (769), an increase of 16% • Recurring revenues SEK 763 million (639), an increase of 19% including 8% organic • EBITA SEK 250 million (218), an increase of 15% • EBITA margin 28% (28) • Operating profit SEK 158 million (142), an increase of 11% • Operating margin 18% (18) • Earnings per share before dilutionVitec Software Group AB Interim report January - June 2021
Summary of interim period, January–June 2022 • Net sales SEK 895 million (769), an increase of 16% • Recurring revenues SEK 763 million (639), an increase of 19% including 8% organic • EBITA SEK 250 million (218), an increase of 15% • EBITA margin 28% (28) • Operating profit SEK 158 million (142), an increase of 11% • Operating margin 18% (18) • Earnings per share before dilution SEK 3.28 (3.06) • Cash flow fromVitec acquires Dutch software company ABS Laundry Business Solutions
Vitec Software Group AB (publ) is strengthening its position in Vertical Market Software on July 6, by acquiring all shares in ABS Laundry Business Solutions (ABS) with headquarters in Boxtel, the Netherlands. ABS reported sales of SEK 203 million, with an EBITA of SEK 82 million for the 2021 financial year. Founded in 1987 the software company ABS Laundry Business Solutions develops, delivers, and maintains an ERP application for the global laundry and textile rental
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Founded in 1985, Vitec Software Group is a Sweden-based software company specializing in industry-specific business applications. The company provides comprehensive solutions, including property and energy management systems for buildings, forecasting systems for energy companies to predict electricity, district heating, and wind power, management... Read More
