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

VITb.ST on Stockholm Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Vitec Acquires Software Company PP7 Affärssystem
Monday, 9 Apr 2018 08:37am EDT 

April 9 (Reuters) - VITEC SOFTWARE GROUP AB (PUBL) ::VITEC ACQUIRES THE SOFTWARE COMPANY PP7 AFFÄRSSYSTEM.TO ACQUIRE ALL SHARES IN SWEDISH SOFTWARE COMPANY PP7 AFFÄRSSYSTEM AB..ACQUISITION IS EXPECTED TO DIRECTLY RESULT IN AN INCREASE IN EARNINGS PER SHARE FOR VITEC.PAYMENT IS IN CASH AT TIME OF ENTRY.  Full Article

Vitec Software Q4 Profit Before Tax Rises To SEK 28.6 Mln
Wednesday, 14 Feb 2018 02:30am EST 

Feb 14 (Reuters) - Vitec Software Group Ab (Publ) ::‍OCTOBER-DECEMBER 2017 NET SALES MSEK 247 (193)​.OCT-DEC PROFIT BEFORE TAX MSEK 28,6 (24,3).‍BOARD OF DIRECTORS PROPOSES INCREASED FY DIVIDEND TO SEK 1.10 PER SHARE (1.00)​.  Full Article

Vitec Q3 Pre-tax profit at SEK 15.3 million
Friday, 20 Oct 2017 02:30am EDT 

Oct 20 (Reuters) - VITEC SOFTWARE GROUP AB (PUBL) ::Q3 NET SALES SEK ‍220​ MILLION VERSUS SEK 164 MILLION YEAR AGO.Q3 PRE-TAX PROFIT SEK ‍15.3​ MILLION VERSUS SEK 17.1 MILLION YEAR AGO.  Full Article

Olov Sandberg, Lars Stenlund sell 300k shares in Vitec Software ​
Friday, 15 Sep 2017 04:15am EDT 

Sept 15 (Reuters) - VITEC SOFTWARE GROUP AB (PUBL) :‍OLOV SANDBERG AND LARS STENLUND SOLD 300,000 CLASS B SHARES IN VITEC TO INSTITUTIONAL INVESTORS​.  Full Article

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