VITEC SOFTWARE GROUP AB [CBOE] overview

Vitec acquires the Danish software company Cito IT A/S Vitec Software Group AB (publ) strengthens its Nordic position in Vertical Software by today, on May 31, acquiring all of the shares in the Danish software company Cito IT A/S. The company's product is an industry-specific software for the pharmacy market in Denmark. The company had a turnover of MDKK 25.5 with an EBITDA result of MDKK 7.6 for the financial year 2016/17. Payment is in cash at the time of entry. The acquisition expects to...

Bulletin from Vitec Software Group AB's Annual General Meeting, April 23 2018 Approval of income statement and balance sheet The Annual General Meeting (AGM) approved the income statement and balance sheet for the Parent Company and the consolidated income statement and consolidated balance sheet for 2017. Dividend The proposed dividend of SEK 1.10 per share was approved by the AGM. The record date for the dividend is Wednesday, April 25 2018. Payment from Euroclear Sweden AB is expected Monday,...

Continued growth and stronger cash flow Summary for January-March 2018 Net sales MSEK 222 (192) Profit before tax MSEK 25,1 (24,4) Operating margin 12,3 % (13,7) Earnings per share before dilution SEK 0,66 (0,64) Cash flow from operations MSEK 112,9 (98,8) The Board of Directors proposes increased dividend to SEK 1.10 per share (1.00) Significant events after the period Vitec acquires PP7 Affärssystem AB och Agrando AS CEO's comments The operative year 2018 has had a solid start. Our growth is...

Vitec acquires the software company Agrando Vitec Software Group AB (publ) strengthens its Nordic position in Vertical Software by today, on April 19, acquiring 97.2% of the shares in the Norwegian software company Agrando AS. The company's product is an industry-specific software for the church market in the Nordic region with Norway and Sweden as main markets. The company and its subsidiaries had a turnover just above MSEK 42 with an EBITDA result of 5.5 MSEK for the financial year 2017....

Vitec acquires the software company PP7 Affärssystem Vitec Software Group AB (publ) has on April 9 agreed to acquire all shares in the Swedish software company PP7 Affärssystem AB. The company develops software for the construction and installation market in Sweden. The main product is a cloud-based software for project and business support that optimizes flows and routines for a specific project. The company had a turnover of close to MSEK 8 for the fiscal year 2017, with an EBITDA result of...

Annual Report for 2017 has been published A pdf-version of the Annual Report in Swedish is available at vitecsoftware.com . The printed version will be available soon and can be ordered from our website (www.vitecsoftware.com/en/ir/reports) or by letter to Vitec Software Group AB, Tvistevägen 47a, 907 29 Umeå Sweden. An English version will be available in a few weeks. For more information, please contact Patrik Fransson, IR, Vitec Software Group AB (publ) Tel: +46 76 942 85 97 Mail:...

Welcome to Vitec Software Groups Annual General Meeting 2018 Shareholders of Vitec Software Group AB (publ), 556258-4804, are invited to participate in the Annual General Meeting to be held on Monday, April 23, 2018 at 5.30 p.m. at Väven, Vävenscenen, Västra Strandgatan 10, Umeå. Registration takes place between 4:30 p.m and 5:15 p.m. We will serve a buffet after the meeting. Registration and notice of attendance Shareholders who wish to attend the Annual General Meeting must be recorded in...

Continued growth, increased profit and stronger cash flow Summary for January-December 2017 Net sales MSEK 855 (675) Profit before tax MSEK 98,1 (81,9) Operating margin 12,5 % (13,1) Earnings per share before dilution SEK 2,70 (2,27) Cash flow from operations MSEK 187,6 (158,5) The Board of Directors proposes increased dividend to SEK 1.10 per share (1.00) Summary for October-December 2017 Net sales MSEK 247 (193) Profit before tax MSEK 28,6 (24,3) Operating margin 12,6 % (13,3) Earnings per...