Australia's Hansen Technologies rises on buying licences from German co

Hansen Technologies

28/04/2025 03:52

** Hansen Technologies HSN.AX rises 2.4% to A$5.255, highest since April 10

** Software provider buys complementary software licences and assets from German firm CONUTI GmbH for up to EUR 7.5 mln ($8.5 mln)

** Expects acquisition to be earnings accretive and FY26 EBITDA of A$2 mln ($1.3 mln), post synergies

** Stock on track for third consecutive session of gains

** HSN down 1.8% YTD

($1 = 0.8811 euros)

($1 = A$1.5674)

 (Reporting by Manasi Dasa in Bengaluru)

 ((Manasi.DasaSundeep@thomsonreuters.com;))