17 Apr 2018

Milestone Systems, the open platform company in IP video management software (VMS), once again delivers strong results as indicated by the 2017 financial report. A solid growth of 24% over 2016 was achieved.

Net revenue was DKK 881M (EUR 118M), an increase of 24% compared to 2016 and operating income before depreciation and amortisation (EBITDA) resulted in DKK 246M (EUR 33M), corresponding to an increase of 103%. Net income reached DKK 117M (EUR 16M).