ESSEN (dpa-AFX) - IT security service provider Secunet Security Networks aims to increase both sales and profits in the current fiscal year. However, the company said this was subject to the condition that the procurement situation on the global semiconductor markets and the general economic conditions do not deteriorate significantly. This was announced by the group in Essen on Friday. In terms of sales, management expects significant growth to 375 million euros in 2023. Operating profit is expected to increase slightly to 50 million euros. On average, analysts had hoped for more in the forecast for both key figures.

Due to the difficult overall economic climate and supply chain problems, the past fiscal year was mixed for the Group. Bottom-line profit fell from 43 to 31 million euros. The Group had already published key data at the end of January. According to this, the operating result (Ebit) fell from just under 64 million euros to 47 million. In terms of sales, however, the IT security service provider achieved a record: the final figure was even somewhat higher, rising from almost 338 to 347 million euros./knd/stk