Half Year 2025 SoftwareOne Holding Ltd Earnings Call Transcript
Key Points
- SoftwareONE Holding AG (SWONF) achieved CHF11 million in cost synergies and is on track to reach CHF30 million by year-end and CHF80 million to CHF100 million by the end of 2026.
- The integration with Crayon is progressing as planned, with a clear roadmap and key milestones being met.
- APAC region delivered strong revenue growth of 13% in constant currency in H1, with AWS services more than doubling in size compared to the prior year.
- The company is confident in returning to growth in Q3, supported by a lower negative impact from Microsoft incentive cuts and a more favorable comparable period.
- SoftwareONE Holding AG (SWONF) has implemented a successful cost reduction program, resulting in a 0.5-percentage-point improvement in adjusted EBITDA margin to 23.5% in H1.
- Revenue declined by 4.3% in constant currency in Q2, with a significant impact from Microsoft's incentive changes.
- North America faced go-to-market challenges, impacting revenue growth, although improvements are expected in H2.
- DACH region experienced a nearly 3% revenue decline due to Microsoft transactional business exposure.
- LATAM revenue decreased by around 5%, largely driven by Brazil, despite strong performance in Mexico and Colombia.
- The transition from enterprise agreements to CSP has been challenging, with a focus on mitigating the impact of Microsoft's incentive changes.
Ladies and gentlemen, welcome to the SoftwareOne H1 2025 results conference call and live webcast. I am Sandra, the chorus call operator. (Operator Instructions) The conference is being recorded. (Operator Instructions) The conference must not be recorded for publication or broadcast. At this time, it's my pleasure to hand over to Anna Engvall, Head of Investor Relations at SoftwareOne.
Please go ahead, Madam.
Good morning, and thank you to everyone for joining SoftwareOne's H1 2025 Results. I'm Anna Engvall, Head of Investor Relations at SoftwareOne. Joining me today are Co-CEOs, Raphael Erb and Melissa Mulholland; and Hanspeter Schraner, CFO. In terms of agenda, we will kick off with an update on the Crayon combination, followed by a summary of SoftwareOne's stand-alone H1 2025 results presented by Raphael. Hanspeter will then take us through our financial performance.
Thereafter, Melissa will cover Crayon's stand-alone results, progress on integration and outlook. We will
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
