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

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)

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.

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NTL HEALTHCARE Launches On-Premises AI Solution ‘CerviCARE® AI AT’ Globally

Supports Local AI Analysis and Data Management, Retains Core CerviCARE^® AI Features, and Adds DICOM File Generation

SEONGNAM, South Korea, Oct. 15, 2026 /PRNewswire/ — NTL HEALTHCARE, a women’s health AI company, announced the global launch of CerviCARE^® AI AT, an on-premises version of its AI-powered cervical screening system, CerviCARE^® AI.

CerviCARE^® AI uses artificial intelligence to analyze cervical images and support healthcare professionals in making clinical decisions for cervical screening. CerviCARE^® AI AT introduces an on-premises deployment option, enabling AI analysis and related data management within healthcare institutions’ IT environments.

As medical AI adoption expands, healthcare institutions are considering not only AI performance but also how medical data is processed, stored, and managed. CerviCARE^® AI AT is installed on local PCs within healthcare institutions and can operate without a dedicated server or cloud infrastructure.

This on-premises architecture reduces the need to transmit or store cervical images and related data outside the healthcare institution. It also enables institutions to manage medical data within their own IT environments, giving them greater control over data management.

CerviCARE^® AI AT retains the core AI analysis capabilities and key features of the existing SaaS version, CerviCARE^® AI. Healthcare institutions can continue to use CerviCARE^® AI’s core functionality while choosing between SaaS and on-premises deployment according to their IT infrastructure, internal security policies, and data management requirements.

The new version introduces DICOM file generation. This feature allows cervical images and related information to be converted into DICOM files, enabling them to be stored and managed in a standardized medical imaging format.

“As global adoption of medical AI continues to grow, healthcare institutions are placing increasing importance not only on AI performance but also on how medical data is processed and managed within their own IT environments,” said Tae-hee Kim, CEO of NTL HEALTHCARE. “CerviCARE^® AI AT maintains the core capabilities of CerviCARE^® AI while offering healthcare institutions a new deployment option.”

Kim added, “The global launch of CerviCARE^® AI AT represents an expansion of the CerviCARE^® AI platform. We will continue to expand our flexible deployment options to address the IT environments, security policies, and data management requirements of diverse healthcare institutions.”

With the launch of CerviCARE^® AI AT, NTL HEALTHCARE now offers two deployment options for CerviCARE^® AI—SaaS and on-premises—expanding the choices available to healthcare institutions so they can deploy and operate the AI screening platform according to their individual needs and environments.

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Shubhalakshmi Mahananda Makes History as Odisha’s First Woman Electric Bus Driver

Bhubaneswar, Oct 15 (UDN): Breaking gender barriers and steering Odisha towards a more inclusive transport sector, Shubhalakshmi Mahananda from Kendujhar has emerged as the State’s first woman electric bus driver, challenging long-standing stereotypes in a profession traditionally dominated by men.

 Representational Image

Every day, as an electric bus rolls out of the Ama Bus depot in Kendujhar, Shubhalakshmi takes her place behind the wheel, carrying passengers to their destinations while demonstrating that professional driving is not restricted by gender. Her journey represents a significant step towards expanding women’s participation in public transport and creating opportunities in non-traditional occupations.

Employed as an electric bus driver with Capital Region Urban Transport (CRUT), Shubhalakshmi works in a demanding role that requires technical knowledge, alertness, discipline and a strong commitment to passenger safety. Operating an electric bus also calls for familiarity with its specific systems and operating requirements, making training and practical experience essential to the job.

Her achievement goes beyond an individual milestone. By entering a field where women remain underrepresented, she is helping challenge conventional perceptions about women’s capabilities and the nature of work they can undertake. Her presence on the road may also encourage other women to consider careers that have historically remained difficult to access.

Electric Mobility Expands Beyond Major Cities

Kendujhar, known for its mineral wealth, is also witnessing the expansion of electric public transport. The district currently has 25 electric buses and a dedicated Ama Bus depot, reflecting efforts to extend cleaner mobility services beyond Odisha’s major urban centres.

Electric buses offer the potential to reduce tailpipe emissions and improve local air quality compared with conventional diesel-powered buses. Their growing adoption is also creating new operational requirements and employment opportunities across the public transport ecosystem.

Shubhalakshmi’s experience brings an important social dimension to this transition. It demonstrates how the shift towards cleaner transport can go hand in hand with broader participation in the workforce, provided women have access to appropriate training, employment opportunities and supportive working environments.

A New Perspective on Inclusive Urban Mobility

Her story comes at a time when sustainable transport, accessibility and inclusive urban development are receiving increasing attention across India.

Bhubaneswar is scheduled to host the 19th Urban Mobility India (UMI) Conference and Expo 2026 on October 23 and 24. The city will be the first in eastern India to host the event, whose theme this year is “Urban Accessibility & Liveability in the Digital Age.”

The conference is expected to bring attention to the evolving challenges and opportunities in urban transport, including how mobility systems can become more accessible, efficient and responsive to people’s needs.

While electric vehicles, digital technologies and transport infrastructure remain central to discussions on the future of mobility, the people who operate and sustain these systems are equally important. Women’s participation in transport-related jobs is a key aspect of building a more inclusive sector.

Driving Change Beyond the Road

For women aspiring to enter traditionally male-dominated professions, seeing someone like Shubhalakshmi take charge of a passenger bus can help make previously distant career possibilities seem attainable.

Her journey from Kendujhar highlights how individual achievements can challenge social expectations and broaden the understanding of women’s roles in public life. It also underlines the importance of ensuring that the benefits of technological and environmental progress extend to employment and social inclusion.

As Odisha continues to advance its electric mobility initiatives, Shubhalakshmi Mahananda’s story offers a reminder that progress is not measured by cleaner vehicles alone. It is also reflected in the opportunities created, the barriers overcome and the people empowered to participate in the State’s changing transport landscape.

By taking the driver’s seat, she is not merely transporting passengers; she is helping redefine who can drive Odisha’s mobility transformation.

Adv. Ashish Shelar Inaugurates First Milestone of Bandra Bay Transformation with Godrej Properties and RC Group

New pedestrian corridor on LK Mehta Marg marks the start of the BMC-led plan for a green, walkable waterfront

MUMBAI, India, Oct. 13, 2026 /PRNewswire/ — Adv. Ashish Shelar, Hon’ble Minister for Electronics, Information Technology, Artificial Intelligence, and Cultural Affairs, Government of Maharashtra, and MLA, Bandra West, today inaugurated the newly developed pedestrian corridor along LK Mehta Marg. Developed by Godrej Properties Limited (GPL) (BSE: GODREJPROP) and RC Group in partnership with the Brihanmumbai Municipal Corporation (BMC), it is the first completed public infrastructure project under the Bandra Bay Beautification Initiative.

Designed to enhance pedestrian safety, ease movement and make Bandra Bay a more welcoming, walkable and vibrant address for Mumbai, the corridor is the first step in a larger plan for the bay’s edge. This plan will add a green promenade, open lawns, a pet park, a quiet reading zone and an amphitheatre. A mini golf course and a sports and activity zone are planned for the next phase.

Adv. Ashish Shelar, MLA, said, “Bandra Bay holds a special place at the very heart of Mumbai. Inaugurating this new pedestrian corridor – adorned with beautiful trees and lush greenery along LK Mehta Marg – is a meaningful step toward making our iconic waterfront accessible to all citizens.

“This is just Phase 1 of our vision. In Phase 2, we will connect LK Mehta Marg directly to the waterfront, bringing a host of thoughtful public amenities along the way. A public space truly succeeds when the community embraces it, and I invite everyone to come, walk and experience it.

“My sincere gratitude to the BMC, Godrej Properties, RC Group, MSRDC and the Mumbai Police for their hard work and collaboration in bringing this vision to life safely and seamlessly. Bandra has always been one of our city’s most vibrant neighbourhoods, and this milestone sets the foundation for a lasting legacy at Bandra Bay.”

To celebrate the inauguration, the corridor came alive with a morning of community wellness by the sea, with families and children joining in. Visitors pedalled stationary cycles that lit up with every turn, took on a walking challenge along the waterfront, and joined an open-format Zumba session and a gentle yoga class that ended on a calm note. They also tried face painting, pottery and diya painting, enjoyed healthy bowls and seasonal fruit juices, and recorded their mood on an emotion tracker at the start and end of their visit. For those hours, the street became an extension of the bay, a place to move, play and pause with the sea as the backdrop.

Amitesh Shah, CEO, Mumbai MMR Region, Godrej Properties, said, “For us, creating great neighbourhoods goes beyond the homes we build; it extends to the streets and public spaces people share. Bandra Bay is one of Mumbai’s most loved stretches of waterfront, and we are proud to partner with BMC and RC Group to make it more accessible for the community. Today’s inauguration is a first step, and we are committed to seeing the larger plan through.”

Anup Singh, Head – Design & Regulatory, RC Group, said, “This stepping stone reflects the power of public-private and community collaboration in creating infrastructure that benefits the wider community. The inauguration of this corridor marks the beginning of a larger journey for Bandra Bay. Our shared vision has been to create a waterfront destination that balances accessibility and community engagement, and this brings it one step closer to reality.”

About Godrej Properties Limited:

At Godrej Properties, we are driven by a singular purpose: crafting joy. Over 1,00,000 families have found a home with us, making us India’s largest residential developer by both the value and volume of homes sold. As part of the Godrej Industries Group, we combine a 129-year legacy of trust and excellence with a forward-looking vision to shape the future of urban India.

Our approach is anchored in thoughtful design, sustainability, thriving communities, and uncompromising quality. As of December 2025, we were ranked the number one real estate company worldwide on both the Dow Jones Best-in-Class Sustainability Indices and the Global Real Estate Sustainability Benchmark.

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Why Is Panchuka Observed for Only Four Days in 2026? Know the Reason

Puri, Oct 15 (UDN): The sacred Panchuka period, one of the most significant phases of the holy month of Kartik for devotees of Lord Jagannath, will be observed for only four days instead of the usual five this year due to a tithi kshaya — the omission of a lunar date in the Hindu calendar.

The development was discussed during a meeting of the Chhatisha Nijog, the traditional body representing servitors of the Shree Jagannath Temple in Puri, which reviewed arrangements for the upcoming month-long Kartik rituals.

According to Puri Collector Dibyajyoti Parida, the special rituals associated with Kartik will be observed at the Shree Jagannath Temple from October 22 to November 24, 2026.

Daily Rituals to Begin Early

As part of the arrangements, the temple doors will open at 4 am every day during the Kartik period, followed by the scheduled daily rituals. The deities will be adorned in the special Radha Damodar Besha between 6:30 am and 7:30 am. The special Bala Dhupa ritual will also be performed throughout the month.

The month will feature several important religious observances, including the famous Harihara Besha of Lord Jagannath, scheduled for November 16.

Why Is Panchuka Only Four Days This Year?

Panchuka traditionally refers to the final five days of Kartik, which hold special religious significance for devotees observing Kartik Brata. During this period, devotees undertake prayers, fasting and other religious practices, while thousands visit Puri to witness the special rituals of the deities.

However, this year, the occurrence of tithi kshaya has resulted in the loss of a lunar date, reducing the Panchuka observance to four days. Temple authorities have also indicated that the Bankachuda Besha of the deities will not be performed this year because of the omission of the Dwadashi tithi.

Kartik Brata Holds Special Significance

Kartik is regarded as a particularly auspicious month in the Hindu religious calendar, especially in Odisha, where devotees follow traditional observances and visit temples to offer prayers.

At the Shree Jagannath Temple, the month is marked by special rituals, distinctive adornments of the deities and an increased influx of pilgrims. The Panchuka period draws particular attention as devotees seek the blessings of Lord Jagannath during these concluding days of Kartik.

The special arrangements announced for 2026 are aimed at ensuring the smooth conduct of the month-long rituals and accommodating devotees visiting the holy town of Puri.

State Cabinet Passes Resolution Congratulating PM Narendra Modi on 25 Years of Public Service

Bhubaneswar, Oct 15 (UDN): The State Cabinet has passed a resolution expressing gratitude to Prime Minister Narendra Modi on the occasion of his completing 25 years of uninterrupted public service.

The resolution acknowledges the Prime Minister’s 25-year journey in public office, marking his tenure in various leadership roles in government. The Cabinet conveyed its appreciation for his continued engagement in public service.

The resolution reflects the State Government’s recognition of this milestone in the Prime Minister’s public life.

Prime Minister Narendra Modi assumed office as the Chief Minister of Gujarat in October 2001 and subsequently became the Prime Minister of India in May 2014.

Odisha Minister Prithviraj Harichandan Sets 48-Hour Deadline to Complete Road Repairs Ahead of Durga Puja

Bhubaneswar, Oct 15 (UDN): With Durga Puja approaching, Odisha Law, Works and Excise Minister Prithviraj Harichandan has directed officials to complete all pending road repair work across Bhubaneswar, Cuttack and adjoining areas within 48 hours, emphasising the need for safe and hassle-free travel during the festive season.

 Pic Credit: x.com/DDNewsOdia

The directive was issued during a high-level review meeting chaired by the minister to assess the progress of road restoration across the twin cities and surrounding areas. Officials informed the meeting that repair work on most roads identified as being in poor condition had already been completed following earlier instructions from the state government.

However, stressing the urgency of the remaining work, Harichandan instructed the concerned chief engineers and superintending engineers to ensure that all outstanding repairs were completed within the stipulated deadline. He also called for the adoption of modern road construction technologies to improve road quality, durability and long-term performance.

The meeting highlighted the importance of maintaining road infrastructure ahead of major festivals, when traffic volumes typically increase and thousands of people travel to shopping centres, puja pandals and other public places.

During the review, Works Department Principal Secretary Sanjay Kumar Singh raised concerns over institutions allegedly digging up roads that were in good condition without obtaining the necessary prior permission. He directed superintending engineers and junior engineers to monitor such activities closely and take firm action against those responsible for unauthorised road excavation.

Singh also instructed officials to inspect vehicle underpasses (VUPs) along national highways and submit detailed reports to the Works Department for further assessment and necessary action.

The state government also stressed the need for better advance planning to prevent last-minute road repair work ahead of major festivals. Although substantial progress was reported before Durga Puja this year, officials were directed to ensure that road repair activities are completed by Ganesh Puja in subsequent years.

The meeting also saw legislators acknowledge the efforts of the state government and the Works Department in accelerating repair work across their respective constituencies.

Among those present were MLAs Babu Singh, Naba Kishore Mallick and Souvik Biswal; Bhubaneswar Mayor Sulochana Das; Cuttack Mayor Subash Chandra Singh; Cuttack Municipal Corporation Commissioner Kirandeep Kaur Sahota; former MLA Priyadarshi Mishra; senior politician Jagannath Pradhan; Works Department Engineer-in-Chief and Special Secretary Sameer Hota; Engineer-in-Chief (Civil) Satyabrata Behera; and other senior officials.

The latest directive underscores the government’s focus on improving road conditions, strengthening infrastructure maintenance and ensuring smoother public movement during the festive period across Odisha’s twin cities.

Odisha Taps AMD Expertise to Accelerate Critical Mineral Exploration, OMC Signs MoU

Bhubaneswar, Oct 15 (UDN): In a major push to strengthen Odisha’s critical mineral resources, the Odisha Mining Corporation Ltd (OMC) has signed a Memorandum of Understanding (MoU) with the Atomic Minerals Directorate for Exploration and Research (AMD), Hyderabad, to advance scientific research and mineral exploration across the State.

The agreement, signed on Wednesday, brings together OMC, a wholly owned corporation of the Odisha government, and AMD, functioning under the Union government’s Department of Atomic Energy. The collaboration aims to identify and explore critical and strategic mineral resources through scientific investigations, technical cooperation and the sharing of expertise.

According to an official statement, the partnership will cover research, the exchange of scientific and technical information, knowledge sharing and exploration activities within OMC’s mining lease areas and other locations across Odisha. The initiative is also expected to encourage joint research, capacity building and the adoption of modern exploration technologies to improve the identification and assessment of mineral deposits.

The collaboration aligns with the Centre’s National Critical Mineral Mission, launched in January 2025 to secure a sustainable domestic supply of minerals essential for clean energy, technological advancement and strategic industries.

Critical minerals have assumed growing importance as India seeks to reduce dependence on imports, strengthen domestic supply chains and support emerging sectors such as renewable energy, advanced electronics and modern manufacturing. Enhanced exploration and the development of indigenous mineral resources are key to meeting these requirements and improving the country’s long-term resource security.

The Odisha government said the agreement marks an important step towards strengthening the State’s position as a major centre for critical mineral development and high-technology industries. By combining OMC’s mining expertise with AMD’s scientific and technical capabilities, the partnership seeks to expand exploration efforts and support the discovery of resources with strategic and industrial significance.

The initiative also reflects OMC’s focus on technology-led exploration, responsible mining practices and the development of mineral resources to meet future industrial requirements. Greater scientific understanding of Odisha’s mineral potential could help create opportunities for downstream industries while supporting the State’s broader industrial development objectives.

OMC is among India’s major mining companies, with operations involving minerals such as chromite, iron ore, bauxite, manganese and limestone. These resources supply key mineral-based industries, including steel, aluminium, sponge iron, pig iron, ferro-manganese and ferro-chrome manufacturing.

With the new agreement, Odisha aims to strengthen the scientific foundation of its mineral exploration programme and contribute to India’s wider efforts to build a secure, resilient and self-reliant critical mineral supply chain.