Planisware falls despite strong results as cautious 2026 guidance disappoints

Planisware SA

26/02/2026 11:36

** Shares in Planisware PLNW.PA fall 8.7%, hitting their lowest price since listing, after the company maintained its 2026 outlook despite publishing FY results called "excellent" by Portzamparc

** The French project and portfolio management software publisher announced a profit for FY 2025 at 50.0 million euros ($59.00 million), and maintained its 2026 revenue growth target of 10% in constant currency

** "Profitability above expectations. We are however surprised by the maintained 2026 revenue guidance of +10% in constant currency, identical to the previous year which took place in a context of sharply slowing contract signings," says the broker in a note

** Planisware reported an improving commercial momentum with strong bookings with new logos at year-end, it adds

** Portzamparc adds the cautious target seems "to be at odds" considering the discourse around the return of order intake

($1 = 0.8475 euros)

 (Reporting by Clement Martinot)

 ((Clement.Martinot@thomsonreuters.com;))