Aug 09th 2012 - Edison Investment Research today published a report on quickview entitled "On Track". In summary, the report says:
Secunet is a German IT security solutions provider specialising in high security solutions such as crypto systems and public key infrastructures. Sales grew 17% in H1 as trading recovered from a disappointing 2011, when a number of large armed forces contracts were postponed to 2012. Encouragingly, growth was also boosted by a strong increase in private sector work. Investment in meeting high demand levels is suppressing near-term profit, but with a solid order book and public contracts weighted to H2, management has confirmed its full-year guidance.
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