Brief: Vitec Software Q4 Sales Increase 37% as Year Ends on \Strong Note\

Vitec Software AB (publ)

01/02/2023 07:18

Feb 1 (Reuters) - Vitec Software Q4 sales SEK 578 million.
* Q4 EBITA margin 30%
* Q4 adjusted EPS SEK 1.87
* Q4 EBIT SEK 106 million
* Q4 EBITA SEK 171 million
* Q4 EBIT margin 18%
* Year ended on a strong note as revenue for the fourth quarter jumped an
impressive 37% year over year and the EBITA margin was 30%, compared with 27%
the previous year, CEO says
* Growth and the strengthening of margins are the product of both strong
organic growth of 11% and acquisitions of excellent vertical software
companies, CEO says