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An announcement from Sikri Holding AS ( (DE:57U0) ) is now available.
Spir Group reported a 20% increase in Q1 2025 revenues, reaching NOK 315.8 million, with a significant 54% rise in EBITDA to NOK 50.5 million. This growth was largely driven by a 24% increase in the Real Estate sector, while the Public Administration sector maintained steady growth. The company’s annual recurring revenue also rose by 10%, highlighting the effectiveness of strategic initiatives and strong market positioning. Looking forward, Spir Group aims to further enhance Cash EBITDA and capitalize on untapped potential, building on the positive momentum established at the start of 2025.
More about Sikri Holding AS
Spir Group is a Nordic software company specializing in mission-critical software and data solutions across two main sectors: Real Estate and Public Administration. In the Real Estate sector, the company offers niche software and data services to streamline complex processes, while in Public Administration, it provides leading solutions for case management, archiving, and quality management to the public sector in Norway. Their clientele includes municipalities, governmental agencies, real estate agents, banks, and more, aiming to enhance operational efficiency and digitization through software, data, and AI.
Average Trading Volume: 21,517
Current Market Cap: NOK1.27B
Find detailed analytics on 57U0 stock on TipRanks’ Stock Analysis page.