SoftwareOne’s shares advanced 9% in early trading after the company reported first-half revenue growth of 11.6% on a constant-currency, like-for-like basis, reaching CHF 818.3 million.
Adjusted EBITDA margin for the period rose 4.5 percentage points year-over-year to 24.9%, exceeding expectations. Second-quarter revenue grew 10.4% on the same basis, while adjusted EBITDA margin accelerated to 28.9%, a 5.4 percentage-point increase from the prior year.
The company also achieved CHF 100 million in run-rate cost synergies during Q2, meeting the upper bound of its previously announced target range. Management identified an additional CHF 5 million to CHF 10 million in synergy opportunities expected to materialize in the second half of the year.
SoftwareOne reiterated its full-year 2026 outlook on a constant-currency, like-for-like basis, projecting mid- to high-single-digit revenue growth, an adjusted EBITDA margin above 23%, and cash conversion exceeding 60%.
Leadership changes were announced, including Raphael Erb’s appointment as sole CEO effective August 1. Regional president roles for the Americas, EMEA, and APAC were filled by Regina Manfredi, Rico Andreoli, and Varun Paliwal, respectively, all effective September 1. Guðmundur Aðalsteinsson was named Chief Channel & Ecosystems Officer, also taking effect September 1. Oliver Berchtold, Chief Operating Officer, will depart the company.
