Press release -
Recab Success - Reach profit of 16% over budget (A Part Of the Addtech Group)
Recab reach profit of 16% over budget
Despite challenges such as an IT-attack against the mother 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.
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.
Topics
- Economy, Finance
Categories
- finace
- profit
- success
- technichal
- teknik
- applications
- technicalnews
- news
- iiot
- recab
- nyheter
- hardware
- addtech
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
tailor-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.
