Vitec Software Group AB 2018 AR2

The report highlights Vitec's performance in the 2018 fiscal year, during which the company surpassed SEK 1 billion in sales and completed four acquisitions. Vitec prioritized growth in recurring revenues, which grew by 21.9% overall. In sustainability, the company focused on employee responsibility, customer data security, and reducing environmental impact. Notably, Vitec increased the share of renewable energy in its electricity contracts to 85% and implemented a Group-wide standard for recycling electronic waste, resulting in significant CO2 savings.

Company: Vitec Software Group AB

Sector: Information Information Technology

Country: Sweden

Year: 2018

Type: AR2

Pages: 108

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Vitec Software Group AB

Vitec Software Group AB 2018 Annual Report

Annual Report

The report highlights Vitec's performance in the 2018 fiscal year, during which the company surpassed SEK 1 billion in sales and completed four acquisitions. Vitec prioritized growth in recurring revenues, which grew by 21.9% overall. In sustainability, the company focused on employee responsibility, customer data security, and reducing environmental impact. Notably, Vitec increased the share of renewable energy in its electricity contracts to 85% and implemented a Group-wide standard for recycling electronic waste, resulting in significant CO2 savings.

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Document Details

Report Year

2018

Reporting Period

Jan 1, 2018 - Dec 31, 2018

Fiscal Year

2018

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Materiality Assessment

Assurance

Assurance Standard

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Renewable Energy

Women on Board

Women in Management

Employees