secunet Security Networks AG revised earnings guidance for the financial year 2023. For the year, the company expects revenues to be at least EUR 375 million and earnings before interest and taxes (EBIT) of around EUR 42 million. This result is due to a modified product mix with different margins than initially planned, consisting of a higher proportion of trade goods and a lower proportion of licenses and services.

Additionally, the implementation of future-oriented projects, particularly investments in personnel and the product portfolio, leads to an increase in the cost base. As a result, the Management Board has decided to adjust the EBIT forecast from around EUR 50 million to around EUR 42 million.