SoftwareOne expects AI, Crayon integration to support 2030 targets
SoftwareOne expects AI, Crayon integration to support 2030 targets June 9 (Reuters) - Swiss technology firm SoftwareOne SWON.S presented its 2030 financial targets on Tuesday, saying the integration of Crayon and its position to capture the benefit stemming from AI would underpin its business.
Key details:
The company expects that AI efficiencies, a scalable business model and operating leverage will drive core earnings (EBITDA) margin above 28%
It forecasts free cash flow conversion above 60% throughout the cycle, supported by earnings growth and structural working capital improvements
Targets a dividend payout of 30–50% of net profit
(Reporting by Paolo Laudani in Gdansk
Editing by Linda Pasquini)
((Paolo.Laudani@thomsonreuters.com;))
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