The strong growth of the IT security service provider Secunet Security Networks is likely to get a dent in 2022 due to a no longer quite so lively demand for mobile workplaces. The management calculates according to a message from Friday evening for the coming year with sales of around 320 million euros and earnings before interest and taxes (EBIT) of around 50 million euros.
For comparison: for 2021, the group, which is listed in the SDax small-cap index, is aiming for sales of around 330 million euros and an operating result of around 59 million euros – and thus for the eighth year in a row significant growth. As the tailwind from the corona pandemic, in which many people worked from home, is waning, the product business, for example with licenses, maintenance and support, should stabilize at the high level of the current year in 2022, the company explains. In addition, Secunet wants to invest heavily in new technologies and new employees.
The Secunet share fell on Friday evening on the Tradegate trading platform compared to the Xetra close by 15 percent to 486 euros. However, the paper only reached a record high of 608 euros at the beginning of the week. Even including the post-market slide on Friday, Secunet shareholders have almost doubled their money with the share in the current year.
According to the figures published at the beginning of November, Secunet’s sales in the first nine months of 2021 rose by almost a third to 189 million euros compared to the same period in the previous year. The demand for secure mobile workplaces was particularly high for the company, which is primarily active in business with authorities, administration, ministries, police, and companies from the aerospace and healthcare sectors. The operating earnings before interest and taxes (EBIT) improved disproportionately to sales by more than half to 48.7 million euros.
Secunet already invested in further development in May with the Takeover of the Stashcat company from Hannover. According to its own information, it offers “secure, GDPR-compliant messaging with integrated file storage and video conferencing”. Secunet also gave one in June Distribution agreement with Tech Data known. “In the industrial environment, we will increasingly rely on indirect sales in the future,” said Axel Deininger, CEO of Secunet. “Tech Data’s sales expertise and excellent market position ideally complement Secunet’s technological expertise in the field of Industry 4.0.” (Dpa / pma)