Nedap Reports 13% Revenue Growth, Improved Operating Margin
Nedap reported a 13% increase in revenue for the first half of the year, reaching €152 million. The company's operating margin improved to 12.1% from 10.3%.
Nedap's Revenue Rises 13% in First Half, Operating Margin Improves
Nedap N.V. announced its financial results for the first half of 2026, ending June 30. The company's revenue grew by 13% to €152.0 million, up from €134.9 million in the first half of 2025. All key markets contributed to this growth, with recurring revenue increasing by 17% and accounting for 42% of total revenue.
The company's operating income saw a substantial increase, rising to €18.3 million from €13.8 million in the prior year. This resulted in an improved operating margin of 12.1%, up from 10.3% in the first half of 2025. Nedap attributed the profit improvement partly to the growth in recurring revenue and increased adoption of its digital solutions.
"We remain on track with our 'Step Up!' strategy," stated CEO Rob Schuurman. "Revenue grew in all four of our key markets, with livestock farming being a significant contributor to this growth. Recurring revenue continued to increase, reflecting the growing use of our digital solutions and its positive impact on profitability."
Looking ahead, Nedap anticipates continued revenue growth in the second half of 2026, supported by increasing customer adoption across its markets. The company is maintaining its focus on investing in its technology platform, including artificial intelligence and cybersecurity, to foster sustainable long-term growth. Nedap plans to host a Capital Markets Day in mid-2027 to outline its future strategy.