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13 May 2020 | Marketing

Recab Success – Reach profit of 16% over budget

Despite challenges such as an IT-attack against the parent company Addtech in the fall of 2019 and the breakout of Covid-19 in the world towards the end of the financial year, Recab managed to achieve one of the best financial years ever, with a result of 16 % over budget for 2019/2020. Recab finish their financial year 2019/2020 with a revenue of 185 million SEK.

Recab Success – Reach profit of 16% over budget
Carolin Burlin CEO Recab:
-It is a great achievement made possible by the amazing Recab Team Players. The team has shown remarkable creativeness and innovation in challenging times. The fighting spirit and true will to find solutions is characteristic for a Recab Team Player, and for our mission to enable world class applications.

-Our wonderful customers and partners have shown great understanding through these times and for that I am truly grateful.

-We are entering the new financial year with new solutions and a wide product portfolio, stretching from edge to cloud, applicable for most markets.

This is Recab
Recab is a Scandinavian specialist company for demanding applications, owned by technology trading group Addtech AB. Recab delivers innovative solutions within sensors, industrial communications and Tail or-made industrial computers for the northern European market. Recab offers overall solutions from edge to cloud with world leading manufacturers within Embedded Computers Systems, Industrial Data Communications and Vision & Sensors. Recab operates in Sweden, Norway, Denmark and the UK.

Link to more about Recab
Link to Recab´s business divisions

Link to Addtech

 

For more information please contact:
Annelie Ivansson
Marketing Manager
Annelie.ivansson@recab.com

 


 

About Recab:
Recab is a Nordic IT company with headquarter in Stockholm. We are part of the Addtech Group,
a listed technology group with over 2900 employees in 130 companies and with more than 10 billion DKK in turnover. Recab develops innovative embedded computer systems, industrial communication, machine vision & sensors for demanding applications.
Our main markets are defence & avionics, maritime/offshore, energy, transportation, communications, industrial automation, and science. We support world leading customers, and cooperate with world leading partners & suppliers, and world class quality is mandatory for what we provide. We are ISO9001:2015 and ISO14001:2015 certified, and we continuously seek innovation, and systematic quality improvements.

Our vision is ‘Enabling World Class Applications’!