In the first quarter of 2025, Nedap reported a 10% increase in revenue, excluding the impact of scaled-down solutions, compared to the same period in 2024. This growth continued the upward trend from the latter half of 2024, largely driven by strong performance in the Healthcare, Livestock, and Retail sectors.
However, revenue within the Security sector saw a decline due to scheduling delays in the delivery of products for larger projects. When including the effect of scaled-down solutions, overall revenue growth was 6%.
Expansion of SaaS offerings
Recurring revenue experienced a significant 12% rise in the first quarter of 2025, propelled by the expansion of Nedap’s software-as-a-service (SaaS) propositions and subscription-based solutions across all key sectors. This trend underscores the growing acceptance and integration of SaaS within the industry.
This trend underscores the growing acceptance and integration of SaaS within the industry
For the entirety of 2025, barring any unexpected events such as changes in trade tariffs or geopolitical issues, Nedap expects continued revenue growth across all major markets. As of April 2025, the company has extended and increased its multi-purpose credit facility, enhancing financial flexibility with a streamlined cost structure.
The existing standby roll-over loan, due for repayment on 1 April 2026, will be replaced. The total credit facility is now valued at €35 million, with an extra €10 million available between 1 April and 30 September. The newly extended agreement maintains the absence of any covenants, as per the current terms.
Optimised cost structure
The annual general meeting is scheduled for Thursday, 17 April 2025, at 10:30 CET at the Van der Valk Hotel Amsterdam Amstel, located at Joan Muyskenweg 20, 1096 CJ, Amsterdam. Important dates for dividends have also been announced, with the ex-dividend date on 23 April 2025, the record date on 24 April 2025, and dividends payable on 30 April 2025.
