Nedap Reports 13% Revenue Growth Amid Strategic Expansion

The Groenlo-based company reported a 33 percent jump in operating profit, reaching €18.3 million compared to €13.8 million during the same period last year. CEO Rob Schuurman attributed the performance to the firm’s ongoing Step Up! strategy, noting that recurring revenue has become a vital pillar of the business, rising 17 percent to account for 42 percent of total turnover. This shift reflects a deepening integration of Nedap’s software subscriptions and services into the core workflows of its healthcare, livestock, retail, and security clients.

Operational highlights included a significant production boost in the livestock sector, where a new automated facility for SmartTags was launched to meet rising demand for data-driven herd health monitoring. While the company faces the standard pressures of geopolitical instability—notably impacting security rollouts in the Middle East—the overall financial position remains robust. Net debt has moved into negative territory at -€3.9 million, and the company maintains a solvency ratio of 59 percent, providing a stable foundation as it continues to prioritize investments in artificial intelligence and cybersecurity.