Annual report published: Double-Digit Growth Continues

Annual report published: Double-Digit Growth Continues

Wirtek has just published the annual report for 2019. Revenue shows a growth of 14% compared to 2018 and profit after taxes increased by 50%. The cash position continues to be strong and Wirtek has no debt. The Board is very satisfied with these results, after a year with significant investments in sales and marketing.

For 2020 the Board expects revenue growth in the interval 12 – 21% and an increase in result before taxes (EBT) in the interval 15 – 30%. The cash position is expected to strengthen further during 2020.

The full financial report for 2019 is available for download here (in Danish).

Why Wirtek

Wirtek A/S, listed on NasdaqOMX, is a Danish consultancy services company with strong competencies in software development and testing services. We provide our customers with flexible services of high quality at competitive prices from our Development and Test Centers in Romania. Our competencies include web-based, mobile as well as embedded software solutions, quality assurance and product testing. Wirtek focuses on building long-term customer partnerships that create added value for our customers. The Wirtek Group consists of Wirtek A/S and the wholly-owned subsidiary Software-Pro ApS in Denmark as well as the wholly-owned subsidiary Wirtek SRL in Romania.

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