Secunet appoints CFO successor. Secunet stock falls 1.87 percent

Published on 10/20/2026 at 13:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half order intake rose 78.70 percent to EUR 287.40 million. Secunet stock costs EUR 236.00 on October 20, 2026, below the EUR 240.50 Xetra close.

Management change and operating scale

Secunet appointed Alexandra Heine as CFO successor on September 24, 2026.
First-half 2026 revenue reached EUR 204.70 million and order intake EUR 287.40 million.
Secunet stock trades at EUR 236.00 at 1:30 p.m. CEST at Lang & Schwarz on October 20, 2026, 1.87 percent below the Xetra close of October 19, 2026.
The next reporting date is November 12, 2026.

Pop-Art-Comic einer Grenzkontrolle mit Passkontrolle am automatisierten Kiosk — secunet Security Networks DE0007276503 illustriert Pop-Art-Comic-Szene an einem generischen Grenzkontroll-Kiosk mit Passkontrolle, Illustration mit AI erstellt.

Secunet stock (ISIN DE0007276503) was trading at EUR 236.00 at Lang & Schwarz on October 20, 2026 at 1:30 p.m. CEST, down 1.87 percent versus the Xetra close of October 19, 2026 at EUR 240.50. On September 24, 2026, MarketScreener reported that Alexandra Heine would succeed Jessica Nospers as chief financial officer in 2027.

Management change meets strong demand

The leadership change comes as the latest reported operating figures show a sharp split between Secunet's public-sector business and its broader commercial activity. In the first half of 2026, revenue rose 19.20 percent year over year to EUR 204.70 million, while order intake increased 78.70 percent to EUR 287.40 million, according to FNE.

Profit growth was more measured at the half-year stage. EBIT increased 20.40 percent to EUR 8.70 million in the first half of 2026, while the company maintained its fiscal-year 2026 revenue outlook of EUR 460.00 million to EUR 500.00 million and EBIT outlook of EUR 53.00 million to EUR 58.00 million.

Three milestones shape the stock

On September 23, 2026, a Reuters report carried by MarketScreener said German armed forces orders linked to Secunet could reach EUR 1.70 billion from 2027. On September 24, 2026, Alexandra Heine's appointment as CFO successor was reported. On October 20, 2026, the stock traded at EUR 236.00, 11.94 percent below its 52-week high of EUR 268.00.

What does the order book mean?

The first-half order intake and the EUR 360.80 million order backlog provide a substantial basis for the 2026 revenue outlook, but execution remains important because the first-half EBIT of EUR 8.70 million represents only part of the full-year range. The next test is the third-quarter report, when investors can compare delivery progress with the upper end of the revenue outlook.

Dates for the next update

Secunet's investor-relations calendar lists the consolidated quarterly report for the period ended September 30, 2026, on November 12, 2026, according to secunet. The company is also scheduled for the German Equity Forum on November 23, 2026, according to FNE.

Stock price and investor perspective

Secunet's current valuation reflects a stock that remains below its October 20, 2026 Xetra reference point while operating momentum is concentrated in public-sector demand. The next quarterly figures will show whether order growth is converting into the second-half earnings required by the full-year outlook. The further course of trading is shown by the continuously updated real-time quote of Secunet stock.