12 May 2026
Recent Results
H1 2025/26
At a Glance
- Revenue of EUR 250.4 million, down 3% on prior-year level (H1 24/25: EUR 257.6 million); Cloud and services growth at 3%; Software and Support revenue falls significantly by 8%
- Share of recurring revenues increases to 53% (H1 24/25: 52%)
- EBIT margin before M&A effects (non-IFRS) falls to 2.8% (H1 24/25: 5.4%)
- EBIT before M&A effects (non-IFRS) at EUR 6.9 million (H1 24/25: EUR 14.0 million), 51% below the prior-year level, largely due to a weak 2nd quarter 2025/26
- Revision of 2025/26 forecast in line with the financial year’s performance to date, with immediate implementation of a programme to enhance competitiveness from May 2026
Key Figures: 6 Months 2025/26
Revenue
-3%
in EUR millions
250.4
H1 24/25: 257.6
EBIT before M&A effects (non-IFRS)
-50%
in EUR millions
6.9
H1 24/25: 14.0
Recurring revenue
0%
in EUR millions
133.2
H1 24/25: 133.5
Result for the period
-78%
in EUR millions
1.6
H1 24/25: 7.4
Employee retention
in %
91.2
H1 24/25: 91.2
Health index
in %
96.3
H1 24/25: 96.3
Documents and links
Live Recording of Investor Call
H1 2025/26
Archive of Investor Calls
06.02.2026 // 3 Months 2025/26
Live Recording for 1st Quarter 2025/26
15.12.2025 // 12 Months 2024/25
Live Recording for Financial Year 2024/25
07.08.2025 // 9 Months 2024/25
Live Recording for 3rd Quarter 2024/25
15.05.2025 // 6 Months 2024/25
Live Recording for Half-Year 2024/25
10.02.2025 // 3 Months 2024/25
Live Recording for 1st Quarter 2024/25
16.12.2024 // 12 Months 2023/24
Live Recording for Financial Year 2023/24
08.08.2024 // 9 Months 2023/24
Live Recording for 3rd Quarter 2023/24
16.05.2024 // 6 Months 2023/24
Live Recording for Half-Year 2023/24