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Vitec Software Group AB (publ) (VITb.ST)

VITb.ST on Stockholm Stock Exchange

80.50SEK
18 Aug 2017
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Latest Key Developments (Source: Significant Developments)

Vitec Software Group Q2 pre-tax profit SEK ‍29.8​ million
Thursday, 13 Jul 2017 02:30am EDT 

July 13 (Reuters) - VITEC SOFTWARE GROUP AB (PUBL) :Q2 NET SALES SEK ‍197​ MILLION VERSUS SEK 161 MILLION YEAR AGO.Q2 PRE-TAX PROFIT SEK ‍29.8​ MILLION VERSUS SEK 22.5 MILLION YEAR AGO.  Full Article

Vitec Software Group acquires MV-Nordic in Denmark
Thursday, 6 Jul 2017 06:40am EDT 

July 6 (Reuters) - VITEC SOFTWARE GROUP AB (PUBL) :REG-VITEC SOFTWARE GROUP AB: VITEC ACQUIRES MV-NORDIC A/S IN DENMARK.PAYMENT IS IN CASH AND A CONVERTIBLE BOND WITH DEVIATION FROM SHAREHOLDERS' PREFERENTIAL RIGHTS IN ACCORDANCE WITH AUTHORIZATION OF AGM 2017-04-25.ACQUISITION IS EXPECTED TO DIRECTLY RESULT IN AN INCREASE IN EARNINGS PER SHARE FOR VITEC.CONVERTIBLE BONDS DURATION IS 3 YEARS, WHICH AT FULL CONVERSION DILUTES CAPITAL BY 0.8%.  Full Article

Vitec Software Group Q4 pre-tax profit decreases to SEK 24.3 mln
Thursday, 16 Feb 2017 02:30am EST 

Vitec Software Group AB (publ) : Q4 net sales 193 million Swedish crowns ($21.65 million) versus 170 million crowns year ago . Q4 pre-tax profit 24.3 million crowns versus 26.9 million crowns year ago .Board proposes a FY dividend of 1.00 (0.90) per share.  Full Article

Vitec buys Norwegian software company Plania
Monday, 5 Dec 2016 07:50am EST 

Vitec Software Group AB (publ) : Acquires 100 pct of shares in Norwegian software company Plania AS . Consolidation is from Dec. 5 . Acquisition is expected to directly result in increase in earnings per share . Payment is in cash at closing .Plania is expected to report sales of 28.5 million Norwegian crowns ($3.39 million) for FY 2016, with about 48 pct recurring revenue and EBITDA of 6.6 million crowns.  Full Article

Vitec Software Group: PensionDanmark chooses PORTMAN
Friday, 2 Dec 2016 07:00am EST 

Vitec Software Group AB (publ) : Entered into agreement with PensionDanmark, wherein PensionDanmark will use PORTMAN as their portfolio management system .Deal has revenue at about 8 million Danish crowns ($1.14 million) and continuing annual subscription agreement.  Full Article

Vitec Q2 net sales up at SEK 161 million
Thursday, 14 Jul 2016 02:30am EDT 

Vitec Software Group Publ AB : Q2 net sales 161 million Swedish crowns ($19 million) versus 153 million crowns year ago .Q2 pre-tax profit 22.5 million crowns versus 22.2 million crwons year ago.  Full Article

Vitec Software Group acquires Tietomitta OY in Finland
Tuesday, 5 Jul 2016 05:00am EDT 

Vitec Software Group publ AB : Has on July 5 agreed to acquire 100 pct of shares in Finnish software company Tietomitta OY . Payment is in cash at closing .Acquisition is expected to directly result in an increase in earnings per share for Vitec.  Full Article

Vitec Software Group sells Media business to XLENT
Friday, 1 Jul 2016 06:15am EDT 

Vitec Software Group publ AB : Sells Media business to XLENT . Agreed with XLENT Consulting Holding AB on the sale of the shares of Vitec AB Veriba which constitutes Vitec Media business .Sales are made to consolidated book values.  Full Article

Vitec Software Q1 pre-tax profit down at SEK 18.0 million
Wednesday, 11 May 2016 07:05am EDT 

Vitec Software Group publ AB : Q1 net sales 157.1 million Swedish crowns ($19.28 million) versus 143.4 million crowns year ago .Q1 pre-tax profit 18.0 million crowns versus 21.6 million crowns year ago.  Full Article

Vitec Software Group ‍Board proposes 2015 dividend of 0.90 crowns
Wednesday, 17 Feb 2016 02:30am EST 

Vitec Software Group publ AB:‍Board proposes an increased 2015 dividend of 0.90 crown (0.67 crown) per share​.  Full Article