Nedap Identification Systems achieves significant growth in 2013
After the strong growth in the previous years, the revenue of N.V. Nederlandsche Apparatenfabriek “Nedap” levelled out in 2013. Total revenue ended at € 173.7 million, thus 1% higher than for 2012 (€ 171.9 million). The market groups Identification Systems (formerly known as AVI), Energy Systems, Healthcare, and Retail showed marked growth. The revenue of the market groups Light Controls and Security Management was virtually the same as in 2012. The market groups Library Solutions and Livestock Management were down on the previous year.
The added value, expressed as a percentage of the revenue, went up in the year under review from 67.8% (2012) to 68.4%. Due to the continuous investment in propositions and organisation, the rise in expenditure was more than the increase in added value, as a result of which the profit was down from € 13.5 million (2012) to € 9.8 million. The earnings per share finished at € 1.46 compared to € 2.01 in 2012. Of the profit, 75% will be distributed as dividends. The dividend per share will therefore be € 1.10. The dividend in 2012 was € 1.51.
Nedap Identification Systems
The year 2013 ended successfully for the market group Identification Systems (formerly known as Nedap AVI). A significant growth in revenue was achieved in virtually all international markets. Over recent years, the market group has managed to build up an impressive product line for vehicle and people identification, vehicle detection and city access control. Thanks to the completeness of propositions, more products were sold than ever before.
Read the full press release at the Nedap N.V. website.
About Nedap Identification Systems
Nedap Identification Systems is leading specialist in systems for long-range identification, wireless vehicle detection and vehicle entrance management. Nedap readers, sensors and controllers optimize, monitor and control the movement of vehicles and people in every continent in a safe, secure and efficient way. Technology that can easily be applied to and integrated with security, logistic, traffic and parking applications. Nedap enables people to keep moving in a secure and convenient way.
Nedap Identification Systems, part of Nedap N.V., is headquartered in the Netherlands and has offices in the United States, Italy, Dubai and Singapore. Its skilled business partner network is spread across the globe.
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