France's 74Software H1 revenue rises

74Software SA

23/07/2026 16:59

    

    Overview
  
France enterprise software group's H1 revenue rose 8.6% organically
Profit on operating activities climbed 34.8% year-on-year, margin reached 15.2%
Company raised full-year revenue growth and margin guidance after strong H1 performance

    

    Outlook
  
74Software raises FY 2026 organic revenue growth guidance to 4% to 6%
Company now sees FY 2026 margin on operating activities at 16% to 18%
Company maintains FY 2026 unlevered free cash flow guidance at around 10% of revenue

    

    Result Drivers
  
SUBSCRIPTION TRANSITION - Shift from maintenance to subscription revenue drove recurring revenue growth and improved revenue predictability
DISCIPLINED EXECUTION - Margin expansion and profitability gains supported by disciplined cost and resource management and a more favorable product mix

    
Company press release: ID:nGNEblBRbd

    

    Key Details
  

            Metric
          

            Beat/Miss
          

            Actual
          

            Consensus Estimate
          
H1 Revenue
 
EUR 367 mln
 
H1 Operating Profit
 
EUR 43.90 mln
 

    

    Analyst Coverage
  
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy"
Wall Street's median 12-month price target for 74Software SA is €46.00, about 29.9% above its July 22 closing price of €35.40
The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 13 three months ago

    

    Reuters Recommended Reads
  
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July 23 - Dassault Systèmes confirms 2026 outlook, bets on AI with $1.8 bln ArisGlobal deal
July 22 - Temenos revenue tops estimates, reiterates outlook

    
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)