SoftwareOne jumps to near 2-year high after H1 beat
26/08/2026 08:36
BUZZ-SoftwareOne jumps to near 2-year high after H1 beat ** SoftwareOne's SWON.S stock leaps 12% to their highest level since October 2024, after the Swiss technology firm posted results for the first half of the year above analysts expectations
** SoftwareOne posted a H1 adjusted EBITDA of €203.8 million ($237.8 million), above analysts expectations that saw it at €190.7 million according to a company-provided poll
** "The new management has today delivered very good operating results, driven by higher cost savings, and has identified additional potential for synergies," analysts at Zuercher Kantonalbank write
** SoftwareOne shares are on track for a best day since June 2023
** Up to the previous session's close, shares were down 4.5% YTD
($1 = 0.8570 euros)
(Reporting by Tristan Veyet)