Secunet Security Networks AG:s first quarter 2025 shows strong growth and confirmed forecast
Secunet Security Networks AG reported a significantly better start to the 2025 financial year compared to the previous year, with both revenue and earnings showing substantial increases. The company has confirmed its annual forecast based on this positive performance.
Secunet Security Networks AG, a leading German cybersecurity company, has reported a robust start to the 2025 financial year, with notable improvements in both revenue and earnings before interest and taxes (EBIT) during the first quarter. The company has affirmed its full-year financial targets in light of this strong performance.
In the first quarter of 2025, the group generated sales of 78.3 million euros, a 35.9% increase compared to the same period in 2024. This growth was primarily driven by orders from the Public Sector segment, which saw sales rise by 38.9% to 67.8 million euros. Sales in the Business Sector segment also increased to 10.6 million euros.
Consolidated earnings before interest and taxes (EBIT) turned positive, reaching 1.8 million euros, a significant improvement from the negative EBIT of -5.6 million euros recorded in the first quarter of 2024. This resulted in a positive EBIT margin of 2.3%, compared to -9.7% in the prior year. The company also reported an increase in its employee count to 1,083.
Based on these results, Secunet confirms its forecast for the 2025 financial year, expecting group sales of approximately 425 million euros and an EBIT margin between 9.5% and 11.5%. This outlook is contingent upon stable industry conditions and consistent investment behavior from key public sector clients.