International success provides record turnover

Systematic announced December last year a record turnover for the financial year of 2015/2016. A significant influence for this success was increased sales to international customers, and this development appears to continue in 2017.

What the media said12 January 2017

Vast growth in sales and export abroad ensured that the financial year of 2015/2016 broke all records. Turnover increased with 36 per cent from DKK 500 million to DKK 685 million, while profit before tax increased with 68 per cent from DKK 43 million to DKK 73 million.

Primarily, the big success reflects international growth across the business. Systematic has succeeded in exporting service logistics solutions for hospitals in both Finland and Australia as well as a sale of a major IT project to the New Zealand defence force. The success, however, does not seem to end. A full order book for the new year indicates that the financial year of 2016/2017 can be just as good.

The significant progress has increased the number of employees in Systematic, which has increased with 25 per cent previous year. Currently, Systematic employs 700 employees. However, despite the considerable increase, Systematic still needs skilled employees. Systematic has 88 vacant positions at the moment.

Børsen and JP/Finans bring the story of the record turnover in Systematic, and you can read the articles here (in Danish):

JP/Finans: Eksportgennembrud giver it-firmaet Systematic rekordoverskud på 73 millioner

Børsen: It-hus øger staben 25 pct på ét år og søger stadig folk

Or you can read Systematic's press release of the annual report 2015/2016 here.