Total revenue up 9% & operating profit up 31% in first half of 2025

Revenue amounted to €134.9 million in the first half of 2025, an increase of 9% compared to the first half of 2024. Revenue in key markets grew by 17%.

Other key points

• Recurring revenue was up 11% (in key markets 14%) and accounted for 40% of total revenue (39% in the first half of 2024).
• Added value as percentage of revenue increased to 73.2% (H1 2024: 71.0%).
• Operating profit increased to €13.8 million (H1 2024: €10.6 million) in the first half of 2025. Operating margin grew to 10.3% (H1 2024: 8.5%).

Ruben Wegman, Nedap CEO: "In the first half of 2025, total revenue increased compared to a decline in the first half of 2024. All our key markets — Healthcare, Livestock, Retail and Security — contributed to this growth. In line with our Step Up! Strategy, we are investing to grow market share, strengthen commercial effectiveness and improve the competitive edge of our propositions, while paying close attention to the returns these investments generate."

Outlook

Compared to the same period in 2024, Nedap expects revenue growth across all key markets in the second halfof 2025. While geopolitical developments may affect market conditions, we remain confident in our strategicdirection and our ability to execute effectively.

Download the full press release here: 2025 Half-yearly figures Nedap N.V.