Connect with us

Technology

Nedap’s total revenue up 7% with growth in key markets of 9% in the third quarter of 2026

Published

on

GROENLO, Netherlands, Oct. 15, 2026 /PRNewswire/ —

Key points

Revenue increased by 7% in the third quarter of 2026 compared with the third quarter of 2025.Revenue in the key markets grew by 9% in the third quarter of 2026 compared with the third quarter of 2025, bringing year-to-date growth to 12%.In the first nine months of 2026, recurring revenue increased by 17% compared with the same period in 2025, outpacing total revenue growth and representing 42% of total revenue for the period.

Rob Schuurman, CEO:

“We remain on track with our Step Up! strategy. The third quarter reflects continued customer demand for our solutions, with recurring revenue again growing faster than total revenue. As this base grows, it provides an increasingly strong foundation for sustainable long-term growth and value creation.

Within Livestock, revenue declined compared with the third quarter of 2025, reflecting the timing of deliveries, alongside the continued transition toward subscription-based offerings. Revenue growth was driven by Healthcare and Retail while revenue in Security remained broadly stable.”

Key figures (unaudited)

In € x 1M or as a percentage

Q3 2026

Q3 2025

Change

YTD Q3
2026

YTD Q3
2025

Change

Revenue

76.0

71.3

7 %

228.1

206.1

11 %

Recurring revenue

32.4

27.8

17 %

95.7

82.0

17 %

Outlook

We expect revenue growth in the second half of 2026 compared with the second half of 2025. Geopolitical instability in the Middle East continues to delay customer rollouts for our security solutions in the region. We remain focused on sustainable long-term growth and will continue to invest accordingly, with particular emphasis on Nedap’s technology platform, AI, and cybersecurity.

Key market developments

In the third quarter of 2026, recurring revenue continued to grow across all four key markets.

Revenue in Healthcare increased in the third quarter of 2026. We have further strengthened our position in disability care and elderly care. More care organizations adopted our treatment records, reflecting a broader shift toward integrated ways of working, with care professionals and practitioners collaborating within the same record.

Within Livestock, revenue declined in the third quarter of 2026 compared with a strong third quarter in 2025. This mainly reflected timing effects and a further shift toward subscription-based offerings. Recurring revenue increased as adoption of our as-a-service offerings grew. Our installed base continued to expand across multiple regions. Labor scarcity, increasing farm scale, and the need for greater efficiency remain long-term drivers of demand for cow monitoring and automation.

In Retail, revenue increased in the third quarter of 2026. We added customers, including retailers adopting RFID for the first time and those replacing existing providers. Adoption of our solutions continued to expand beyond inventory counting into automated replenishment, on-shelf availability, and overhead inventory visibility. Our RFID-enabled self-checkout portfolio also saw its first large-scale deployments. The previously announced partnership with VF Corporation illustrates our Inventory Engine vision of connecting inventory visibility across stores and the wider supply chain. The planned rollout covers more than 1,500 stores across its brand portfolio, with the initiative also extending to distribution centers and vendor partners to support end-to-end inventory visibility.

Within Security, revenue remained broadly stable in the third quarter of 2026. Nedap Pace went live at the first building on the Bayer CropScience Campus in Monheim as part of Bayer’s AllAccess program to establish a common standard for physical access management across sites, countries, and access control systems. We also introduced Nedap Way, our new reader line for secure building access. The portfolio supports both card-based and mobile access and works with a range of new and existing access control systems, allowing organizations to modernize access step by step.

About Nedap N.V.

Nedap is a leader in Digital Twin Technology, bridging the physical and digital worlds in Healthcare, Livestock, Retail, and Security. Through our Technology for Life philosophy, we create sustainable, forward-thinking solutions that help people and organizations succeed in an ever-changing world.

Nedap has a workforce of over 1,100 employees and operates on a global scale. The company was founded in 1929 and has been listed on Euronext Amsterdam since 1947. Its headquarters is located in Groenlo, the Netherlands.

For more information, please contact:

Rianne Jans 
CFO
+31 (0)544 47 11 11
ir@nedap.com
nedap.com

Disclaimer

This press release contains the Board of Directors’ forward-looking statements and expectations based on current insights and assumptions, which are subject to known and unknown risks and uncertainties. The actual results or events could differ from these expectations due to changes in the economic climate, developments in specific markets, orders from individual customers and/or other developments.

Nedap cannot be required to update the forward-looking statements contained in this document or held responsible for doing so, regardless of whether they are related to new information, future events or suchlike, unless Nedap is required to do so by law.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/nedaps-total-revenue-up-7-with-growth-in-key-markets-of-9-in-the-third-quarter-of-2026-302908259.html

SOURCE Nedap

Continue Reading

Technology

/R E P E A T — Media advisory – Ministers Dabrusin and Thompson to announce funding to lower home heating costs in Newfoundland and Labrador/

Published

on

By

ST. JOHN’S, NL, Oct. 15, 2026 /CNW/ — Media representatives are advised that the Honourable Julie Dabrusin, Minister of the Environment, Climate Change and Nature; and the Honourable Joanne Thompson, Minister of Fisheries, will announce funding to lower home heating costs in Newfoundland and Labrador. They will be joined by Jennifer Williams, President and Chief Executive Officer of Newfoundland and Labrador Hydro; and Gary Murray, President and Chief Executive Officer of Newfoundland Power.

Event:       

Announcement and media availability

Date:                   

Friday, October 16, 2026

Time:                   

10:30 a.m. (NDT)

Location:   

Heat Pump Solutions Ltd.

285 Thorburn Road

St. John’s, Newfoundland and Labrador

To be made aware of any changes, media representatives are encouraged to register for this in-person event by contacting Environment and Climate Change Canada’s Media Relations at media@ec.gc.ca.

Follow Environment and Climate Change Canada on social media.

SOURCE Environment and Climate Change Canada

Continue Reading

Technology

Two German writers retrace the Long March by bicycle

Published

on

By

BEIJING, Oct. 16, 2026 /PRNewswire/ — A report from People’s Daily

The hall of the Chinese Cultural Center in Berlin was filled with anticipation. Many local residents arrived early to hear German writers Volker Haering and Christian Y. Schmidt share the story of their bicycle journey retracing the route of the Long March (1934-1936), a military maneuver by the Chinese Workers’ and Peasants’ Red Army that later became a defining chapter in modern Chinese history.

In 2023 and 2024, the two men set out from Ruijin, east China’s Jiangxi province. Cycling westward and then northward, they followed the path taken by the Central Red Army, eventually reaching Wuqi county in Yan’an, northwest China’s Shaanxi province, after more than four months on the road.

“If you don’t understand the spirit of the Long March, you cannot truly understand China.”

Haering still vividly remembers hearing those words more than two decades ago from a veteran Red Army soldier.

“From that moment on, I knew I had to make this journey myself,” he said with conviction.

Following in the footsteps of the Red Army

The pair began their story at Jiajin Mountain in Sichuan Province, known locally as the “Mountain of Death.”

In June 1935, the Central Red Army arrived at its foot — the first snow-covered mountain they encountered during the Long March.

“As we climbed higher, the vegetation gradually disappeared. Steep cliffs stretched into the distance, and icy winds mixed with rain and snow cut through us,” Haering recalled.

Schmidt, then 67 years old, suffered severe altitude sickness and could only continue with medication. By the time the two cyclists reached the 4,114-meter pass, they were completely exhausted.

“Ninety-one years ago, Red Army soldiers — wearing thin cotton uniforms and straw sandals, while under enemy pursuit — crossed these snow-covered mountains over seven days and nights,” Haering said. “We were riding electric bicycles and dressed in modern outdoor gear, yet we felt we had reached our physical limits.”

Schmidt agreed. “Only after experiencing it yourself can you truly understand how dangerous the snow mountains were, and only then can you fully appreciate the Red Army’s resilience and courage.”

Haering first learned about the Long March at the age of 15 and was deeply fascinated by its history. Over the following decades, he read extensively about its history.

What has enabled the spirit of the Long March to inspire generations of Chinese people?

Driven by that question, Haering, at age 54, embarked on the journey with his friend Schmidt.

The nearly 7,000-kilometer trip was far more than an adventure. It became a test of both physical endurance and determination.

During freezing nights, they often struggled to sleep. In western Sichuan province, bitter cold, strong headwinds, high altitudes, and continuous mountain roads made even downhill riding extremely difficult. In the latter half of the trip, their electric bicycles also suffered frequent mechanical failures.

Haering told People’s Daily that cycling the route helped him better understand the hardships the Red Army endured, and also gave him a greater appreciation of China’s transformation over the decades.

Encounters along the Route

If the snow mountains, grasslands and gorges revealed the harsh realities of the Long March, the people they met along the route showed them another side of China.

“We’re constantly invited to meals,” Haering joked. As they cycled through China, once locals learned they were retracing the Long March, initial reserve and wariness quickly gave way to hospitality and respect.

In a small-town restaurant, while the two were eating, a group of curious children gathered around their table. Before long, the children had become their Chinese-language teachers, patiently helping them practice pronunciation.

“The children’s smiling faces remain among the most touching memories of the entire trip,” Haering recalled.

In Xichang, Sichuan province, an experienced bicycle shop owner surnamed Dai, who had run his business for more than 30 years, helped replace their chains and tires and offered practical cycling advice. In Yan’an, an English-speaking local tour guide surnamed Li showed them around many revolutionary heritage sites.

Sharing China’s story through personal experience

“Meeting so many kind and genuine Chinese people was the greatest reward of the journey,” Haering said.

In October 2025, the two published the book Der lange Fahrrad-Marsch: 7.000 Kilometer durch das Reich der Mitte in Germany.

They subsequently held book-sharing events in Hamburg, Leipzig, Berlin, and other German cities, where many readers lined up with copies, waiting for the authors’ signatures.

“Books and articles alone are not enough if you want to help Western audiences truly understand China. First-hand experience is essential,” Haering said.

He noted that since China expanded its visa-free entry policies, increasing numbers of overseas tourists and content creators have traveled to China, documenting what they see through photos and videos.

“That is a very positive change,” he said. “When people see China with their own eyes, they can form their own judgments.”

This was far from Haering’s first effort to introduce China to Western audiences.

When he first visited China in the 1990s, he knew little about the country. More than three decades later, he has cycled over 60,000 kilometers across China, leading numerous cycling tours through both cities and rural areas. Among his friends, he has become known as a “China expert.”

During their journey across the Dadu River in Sichuan, Haering saw many newly built dams, while elevated bridges and high-speed rail lines were under construction.

Infrastructure in China has improved tremendously, he said. “Today, digital technologies such as mobile payment and electronic maps have become deeply integrated into every aspect of travel, making journeys much more convenient.”

Schmidt shared the same impression. He recalled that traveling to remote areas, especially plateau regions, once involved long and difficult journeys. Today, China’s expanding high-speed rail network has made many destinations far more accessible.

When asked how he understands the spirit of the Long March, Haering said it lies in the strength of unity and the unwavering commitment to a shared goal.

“It is a spirit of solidarity,” he added. “When people share the same purpose, work together, and pool their efforts toward a common goal, there is no obstacle that cannot be overcome.”

He believes that this spirit continues to shape today’s China. “Drawing strength from the spirit of the Long March to overcome challenges, deliver concrete results, and pursue long-term development is, in my view, one of the important reasons behind China’s remarkable achievements,” Haering said.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/two-german-writers-retrace-the-long-march-by-bicycle-302911091.html

SOURCE People’s Daily

Continue Reading

Technology

ZTO to Announce Third Quarter Financial Results of 2026 on November 17, 2026 U.S. Eastern Time

Published

on

By

SHANGHAI, Oct. 16, 2026 /PRNewswire/ — ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK: 2057) (“ZTO” or the “Company”), a leading and fast-growing express delivery company in China, today announced that it will release its unaudited financial results for the third quarter ended September 30, 2026, after the U.S. market closes on November 17, 2026.

ZTO’s management team will host an earnings conference call at 7:30 P.M. U.S. Eastern Time on Tuesday, November 17, 2026, which is 8:30 A.M. Beijing Time on Wednesday, November 18, 2026.

Dial-in details for the earnings conference call are as follows:

United States/Canada:

1-888-317-6003

Hong Kong:

852-58081995

Mainland China:

4008-424328

International:

1-412-317-6061

Passcode:

9180376

A replay of the conference call may be accessible through November 23, 2026 by dialing the following numbers:                                                                                           

United States/Canada:

1-855-669-9658

International:

1-412-317-0088

Passcode:

1855537

A live and archived webcast of the conference call will also be available at the Company’s investor relations website at http://zto.investorroom.com.

About ZTO Express (Cayman) Inc.

ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK: 2057) (“ZTO” or the “Company”) is a leading and fast-growing express delivery company in China. ZTO provides express delivery service as well as other value-added logistics services through its extensive and reliable nationwide network coverage in China.

ZTO operates a highly scalable network partner model, which the Company believes is best suited to support the significant growth of e-commerce in China. The Company leverages its network partners to provide pickup and last-mile delivery services, while controlling the mission-critical line-haul transportation and sorting network within the express delivery service value chain.

For more information, please visit http://zto.investorroom.com.

For investor inquiries, please contact:

Investor Relations

Tel: (86) 21 5980 4508
Email: ir@zto.com

View original content:https://www.prnewswire.com/news-releases/zto-to-announce-third-quarter-financial-results-of-2026-on-november-17-2026-us-eastern-time-302911008.html

SOURCE ZTO Express (Cayman) Inc.

Continue Reading

Trending