Germany's PSI Software Q2 revenue rises 10.7% on order intake growth

PSI Software SE

31/07/2026 09:11

Overview
Germany software provider's Q2 revenue rose 10.7% yr/yr; H1 revenue up 4.1%
Adjusted EBIT improved in Q2 but H1 net loss widened due to transformation costs
Company completed €29 mln capital increase in July to strengthen financial position

Outlook
PSI targets 2026 order intake and revenue growth of about 10%
Company expects 2026 adjusted EBIT margin of about 4%
PSI says economic uncertainties may impact results

Result Drivers
ORDER INTAKE GROWTH - Q2 new orders rose 32.7% yr/yr, supporting revenue growth
TRANSFORMATION COSTS - Earnings continued to be impacted by expenses related to cloud and SaaS transformation
SEGMENT PERFORMANCE - Grid & Energy Management and Logistics segments saw revenue increases, while Process Industries & Metals and Discrete Manufacturing segments declined due to economic environment and transformation expenses

Company press release: ID:nEQcdB12Ya

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Sales
 
EUR 138.41 mln
 
H1 Loss Per Share
 
EUR 0.64
 
H1 Net Loss
 
EUR 10.01 mln
 
H1 EBIT
 
-EUR 4.77 mln
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 5 "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 PSI Software SE is €45.00, about 0.2% above its July 30 closing price of €44.90
The stock recently traded at 46 times the next 12-month earnings vs. a P/E of 64 three months ago

Reuters Recommended Reads
July 30 - Germany's Nemetschek Q2 revenue, profit rise on subscription, SaaS demand
July 29 - France's Sopra Steria H1 revenue rises, lifts full-year organic growth target 
July 30 - Italy's Reply SpA H1 revenue rises 7.4% on AI demand

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)