secunet Security Networks AG
XETRA:YSN
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secunet Security Networks AG
XETRA:YSN
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secunet Security Networks AG
secunet Security Networks AG engages in the provision of information technology safety services. The company is headquartered in Essen, Nordrhein-Westfalen and currently employs 755 full-time employees. The firm develops and IT infrastructure solutions for businesses, authorities and international organizations. The company offers solutions in the areas of automotive security, biometrics, cloud security, compliance, cyber security, e-government, electronic billing processes, border control, information security, critical infrastructure, secure inter-network architecture, crypto systems, network security, e-mail, authentication, classified information and public key infrastructure (PKI), among others. The firm has offices in Berlin, Bonn, Borchen, Dresden, Eschborn, Essen, Hamburg, Munich and Siegen in Germany.
secunet Security Networks AG engages in the provision of information technology safety services. The company is headquartered in Essen, Nordrhein-Westfalen and currently employs 755 full-time employees. The firm develops and IT infrastructure solutions for businesses, authorities and international organizations. The company offers solutions in the areas of automotive security, biometrics, cloud security, compliance, cyber security, e-government, electronic billing processes, border control, information security, critical infrastructure, secure inter-network architecture, crypto systems, network security, e-mail, authentication, classified information and public key infrastructure (PKI), among others. The firm has offices in Berlin, Bonn, Borchen, Dresden, Eschborn, Essen, Hamburg, Munich and Siegen in Germany.
Strong Growth: secunet reported 2025 sales of EUR 458.8 million, up more than 13% year-over-year, with particularly strong momentum in Q4.
Profit Upside: EBIT rose to EUR 51.7 million, increasing by 22% YoY, and EBITDA grew 24%, with both margins ending at the upper end of guidance.
Order Momentum: Order intake jumped 26% to EUR 532 million, driving a healthy order backlog up 36% and setting a strong foundation for 2026.
2026 Guidance: Management guided for 2026 revenue between EUR 460–500 million, EBIT of EUR 53–58 million, and EBITDA of EUR 76–84 million, emphasizing a range due to supply chain uncertainties.
Cash Flow Recovery: Free cash flow was well above EUR 50 million in 2025, supported by a working capital release of over EUR 20 million.
Strategic Investments: The company is prioritizing investments in cloud and as-a-service models and considering both organic and inorganic (M&A) growth.