SoftwareOne expects AI, Crayon integration to support 2030 targets
June 9 (Reuters) - Swiss technology firm SoftwareOne 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 GdanskEditing by Linda Pasquini)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- 3 chip stocks to buy after recent SOX pullback: Citi
- Berenberg Starts Havas NV (HAVAS:NA) at Buy
- IQSTEL authorizes repurchase of up to 1 million shares
Create E-mail Alert Related Categories
ReutersRelated Entities
Dividend, EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share