Germany's Adesso 2025 revenue rises on insurance license sales

Reuters03-31
Germany's Adesso 2025 revenue rises on insurance license sales

Overview

  • Germany IT services provider's 2025 revenue rose 14%, EBITDA up 30%

  • Earnings per share for 2025 climbed to EUR 2.83 from EUR 0.41

  • Profitability improved due to better workforce utilisation and license sales in insurance products

Outlook

  • Adesso forecasts 2026 sales of EUR 1.6 bln to 1.7 bln

  • Company expects 2026 EBITDA of EUR 130 mln to 150 mln

  • Adesso sees sustained demand driven by digitalisation and AI integration

Result Drivers

  • WORKFORCE UTILISATION - Co said improved utilisation of its own workforce contributed to higher profitability

  • INSURANCE LICENSE SALES - Additional license sales in the insurance product business, especially in Q2 and Q4, boosted results

  • SLOWER STAFF EXPANSION - Personnel costs and employee growth rose at a slower rate than revenue, supporting margin improvement

Company press release: ID:nEQ7TVmlTa

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

FY EPS

EUR 2.83

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the it services & consulting peer group is "buy"

  • Wall Street's median 12-month price target for adesso SE is €115.00, about 101% above its March 30 closing price of €57.20

  • The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 18 three months ago

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.)

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