Foreword from our CEO
In 2022, Nedap again showed excellent organic revenue growth. Revenue was up 11% on the previous year. Practically all business units contributed to this. Component shortages and other disruptions in the supplychain slowed down revenue development throughout the financial year. Recurring revenue rose 21% andnow makes up 31% of revenue.
Business unit developments
Nedap Healthcare develops and markets software services that allow healthcare professionals in the Netherlands to interconnect.
Nedap Identification Systems develops and markets hardware and software for vehicle identification systems worldwide.
Nedap Livestock Management develops and markets technological solutions for individual animal monitoring and management for the dairy and pig farming industries worldwide.
Nedap Retail develops and markets RFID solutions that help retailers across the globe make their inventories completely transparent optimise their shop processes, and prevent loss of income.
Nedap Security Management develops and markets physical access control and security systems for companies and institutions worldwide.