SoftwareOne Holding Ltd.

SWON

Equity

ISIN CH0496451508 / Valor 49645150

SIX Swiss Exchange (2024-11-21)

CHF 8.12+0.62%

SoftwareOne Holding Ltd.
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About company

SoftwareOne Holding Ltd. is a global provider of software and cloud solutions, offering licensing, procurement, and advisory services to help organizations optimize their software investments and IT infrastructure.

Summarized from source with an LLMView SourceSector: Technology

Revenue Growth

SoftwareOne Holding Ltd. reported a group revenue increase of 8.0% year-over-year (YoY) in constant currency (ccy) to CHF 1,010.9 million for the full year 2023. This growth was achieved despite a negative foreign exchange translation impact due to the strengthening of the Swiss Franc against major currencies like the Euro, USD, and GBP.

Adjusted EBITDA

For the full year 2023, SoftwareOne Holding Ltd. achieved an adjusted EBITDA of CHF 245.2 million, reflecting a 6.5% YoY growth in constant currency. The adjusted EBITDA margin stood at 24.3%, driven by operational excellence and margin progression in Software & Cloud Services.

Operational Excellence Savings

SoftwareOne Holding Ltd. significantly over-achieved its operational excellence cost savings target for 2023, realizing CHF 47.0 million in savings against a full-year target of CHF 15 million. The company expects annualized savings to reach CHF 70 million in 2024, up from the previous target of CHF 50 million.

Dividend Proposal

For the year 2023, SoftwareOne Holding Ltd. has proposed a dividend of CHF 0.36 per share. This represents 50.5% of the adjusted profit for the year, reflecting the company's commitment to providing attractive returns to its shareholders.

Regional Performance

In 2023, SoftwareOne Holding Ltd. saw solid revenue growth in the EMEA region, up 7.6% YoY ccy to CHF 609.8 million. The APAC region also performed strongly, with revenue up 24.6% YoY ccy to CHF 144.3 million. However, revenue in the NORAM region remained flat at CHF 149.1 million due to cautious client spending.

Summarized from source with an LLMView Source

Key figures

-54.9%1Y

-60.3%3Y

-56.2%5Y

Performance

24.8%1Y

37.7%3Y

40.3%5Y

Volatility