SoftwareOne: Mixed Results and Challenging Talks on Privatization

SoftwareOne's business development in the third quarter presents a mixed picture. The revenue of the software experts increased by 1.4% to 236.7 million Swiss francs, but the adjusted operating profit decreased by 18.3% to 39.2 million francs. These figures highlight the gap between revenue growth and profit development — a challenge many companies face in the current market conditions. Despite the increase in revenue, the new CEO Raphael Erb expressed disappointment with the overall result. Erb, who recently took the helm, noted that while some regions showed positive momentum, the overall performance fell short of expectations. Furthermore, the company stated that discussions about a possible privatization of SoftwareOne are progressing but described as "challenging." This may indicate that there are still several hurdles to overcome before this strategic step can be implemented.