Secunet Security Networks AG (YSN.F,YSN.DE), a German cybersecurity company, reported Wednesday higher profit for the third quarter from last year. Further, the firm confirmed full year 2025 outlook.
For the third quarter, consolidated net profit grew 2.8 percent to 12.2 million euros from last year's 11.8 million euros.
Earnings before interest and tax or EBIT were 17.7 million euros, an increase of 9.1 percent from 16.2 million euros in the previous year.
The company's EBITDA was 22.5 million euros, 11.6 percent higher than previous year's 20.1 million euros. EBITDA margin improved to 19.9 percent from 18.2 percent last year.
The sales revenue rose 2.4 percent to 113.1 million euros from previous year's 110.5 million euros.
The company's order intake went up 22.3 percent to 152.8 million euros from 124.9 million euros the earlier year.
For full year 2025, expectations for the annual revenue remain unchanged at around 425 million euros. EBIT margin outlook of 9.5-11.5 percent and EBITDA margin of 14.5-16.5 percent also remains unchanged.
Citing the good results, the company now expects both margin targets to be in the middle to upper range of the respective ranges at the end of the year.
On XETRA in Germany, shares were trading 0.94% higher at 171 euros.
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