The Swedish digital signage integrator Zetadisplay reported a strong growth of 26.8% year-on-year for the first quarter 2025. Organically, Zetadisplay grew by 7%, albeit under increasing margin pressure. The integrator is experiencing particularly strong demand from global customers.
Q1 2025: Zeta Grows by 27% – Driven by Acquisitions
Things are going well for Zetadisplay – last year’s acquisitions in the UK and Austria drove strong revenue growth in the first quarter of 2025. Zetadisplay achieved solid growth of 26.8% (7% excluding acquisitions) between January and March – traditionally the second-strongest quarter of the year. Recurring software and service revenue increased by 9.9% to the equivalent of €6 million. Adjusted net revenue for the first quarter amounted to €14.67 million.
Adjusted earnings (EBITDA) doubled in the first quarter to the equivalent of €2 million. Zetadisplay sees its financial results as confirmation of its ability to scale efficiently while keeping costs under control.
In addition to Scandinavia, Zetadisplay also operates its own subsidiaries in the UK, the Netherlands, Germany, and Austria. The German subsidiary’s business did not perform according to plan last year. However, with restructuring measures, a relocation to Hamburg, and a change in management, the German subsidiary is now well positioned.
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