Vitec’s Annual Report 2025 has been published

Vitec Software Group AB (publ) today publishes its Annual Report for 2025.

The Annual Report provides a comprehensive overview of the Group’s performance during the year and describes Vitec’s business model, corporate culture and values, financial results, corporate governance, and sustainability efforts. It also outlines Vitec’s work in innovation and product development and how the company’s products create value for customers, stakeholders, and society at large.

CEO comments
2025 was a year marked by uncertainty in the world, yet Vitec continued to deliver stable operational progress. CEO and President Olle Backman notes that net sales increased by 9 percent to SEK 3,633 million, driven by completed acquisitions and steady organic growth in subscription-based recurring revenue.

Olle Backman further emphasizes the importance of a long-term business model and of being both stable and agile, providing a foundation for continued growth. The ongoing technology shift—and the opportunities enabled by AI—is being integrated broadly across all operations.

- We place significant emphasis and dedicate substantial resources on continuously enhancing our software to deliver increasing value to our customers. Over the years, we have consistently kept pace with technological advances and incorporated the latest technology into our products. Our offering requires deep domain expertise and is captured in our brand promise: To rely on – today and tomorrow.

Increased dividend
Vitec’s Board of Directors has recommended an increased dividend for the 24th consecutive year. In line with Vitec’s dividend policy, the Board proposes a dividend of SEK 3.68 per share. This underscores the company’s continued commitment to its shareholders.

Swedish version of the Annual Report available on our website
The Annual report can be downloaded at: https://www.vitecsoftware.com/investerare-press/rapporter/. An English version will be available on our website in a few weeks from now, https://www.vitecsoftware.com/en/investors-press/reports/. Printed versions will be available shortly and can be ordered through the contact person below or by mail: Vitec Software Group AB, Götgatan 8 C, 903 27 Umeå.

The financial year covers the period January 1–December 31, 2025.

About Vitec Software Group
Vitec is a leading provider of Vertical Software and has its origin and headquarters in Umeå, Sweden. Our products are developed to meet specific needs within various niche markets in society. The expertise of our employees, combined with our shared corporate culture and business model, enable continuous improvement and innovation. We grow through the successes of our business units, as well as through acquisitions. Everything we do is based on a long-term perspective. Because we are to rely on – today and tomorrow. Vitec has 1,770 employees, is listed on Nasdaq Stockholm and had net sales of SEK 3,633 million in 2025. Read more at vitecsoftware.com.