The revenue of Nedap for the year 2012, at US$230.6 million (€ 171.9 million), was 13% up on 2011 ($204.3million). Corrected for the planned phasing-out of the traditional supplier activities, the growth in revenue was no less than 20%. Nearly all market groups - despite the difficult economic climate - managed to once more continue the solid upward trend of organic growth in revenue. The profit after taxes went up by 23% to $ 18.1 million (2011: $ 14.8 million). The earnings per share finished at $ 2.70 compared to $ 2.20 in 2011. Of the profit, 75% will be distributed as dividends. The dividend per share will therefore be $ 2.03 (2011: $ 1.65).
The revenue of Nedap for the year 2012, at US$230.6 million (€ 171.9 million), was 13% up on 2011 ($204.3million). Corrected for the planned phasing-out of the traditional supplier activities, the growth in revenue was no less than 20%. Nearly all market groups - despite the difficult economic climate - managed to once more continue the solid upward trend of organic growth in revenue. The profit after taxes went up by 23% to $ 18.1 million (2011: $ 14.8 million). The earnings per share finished at $ 2.70 compared to $ 2.20 in 2011. Of the profit, 75% will be distributed as dividends. The dividend per share will therefore be $ 2.03 (2011: $ 1.65).
The market group AVI (Automatic Vehicle Identification, products for vehicle and driver identification and wireless parking systems) once more managed to achieve an impressive growth in revenue in 2012. With a complete range of long-distance recognition systems, AVI now offers the ideal solution for a whole variety of projects. The broad product portfolio - in combination with a further intensification of the marketing activities - resulted in higher revenue in virtually all countries where the market group is active.
Despite the difficult conditions in the retail market, the market group Retail (security, management and information systems for retail) managed to achieve a solid growth in revenue in 2012. The market group is becoming increasingly successful in developing attractive propositions for specific market segments, and winning clients for these propositions amongst leading retailers. To improve the quality of supply and distribution to multinational retailers, in 2012 a lot of effort was put into expanding the partner network. In addition, the Global Label Center in Hong Kong played an increasingly more important role for the propositions of the market group. During the year under review, the !FaST label was introduced, which is extremely effective for so-called "source protection". In addition to the fashion industry, where Nedap has always traditionally had a strong presence, the market group also explored excellent opportunities for growth in the food sector. On the basis of practical experience in supermarkets and megastores, the market group has developed a new anti-shoplifting system called !Sense. The market group is progressively moving further along the chain, from a supplier of just anti-shoplifting systems, to a partner for Store Technology. With Store !D, the market group offers retailers solutions that can help them to optimize their stock control with RFID technology.
After the robust growth in turnover during recent years, the Security Management market group (systems for access control, registration, payments, fire and intrusion alarms, surveillance, locker management, and biometrics) experienced a slowdown in 2012. The growth in turnover for security systems achieved by this market group with international clients was not enough to fully compensate for both the planned phasing-out of the activities of the former Education market group (attendance registration systems for schools) and the impact of the drop in the construction activity in the Netherlands. Over the past year, the trend of greater standardization in security systems pursued by major international enterprises has become more pronounced. Instead of trying to mesh together a multitude of local systems, there is now a shift towards the introduction of a single system for all branches. With the Nedap AEOS security management platform, the market group is excellently positioned to benefit from this trend. In 2012, the turnover from locker management systems also rose once more. More and more organizations are recognizing the benefits of using a single access pass for both doors and lockers. This all the more since office space will be used more flexibly with the spread of New Working methods.