adesso SE (ADN1) Earnings Call Transcripts

adesso SE's Latest Earnings Call - March 31, 2026

In Q4 and the full fiscal year 2025, adesso SE reported strong organic growth with sales reaching EUR 1.47 billion, up 14% year-over-year, and EBITDA increasing by 30% to EUR 123.6 million, meeting the upper end of guidance. The company anticipates further growth in 2026 despite macroeconomic challenges, projecting revenues between EUR 1.6 billion and EUR 1.7 billion and EBITDA between EUR 130 million and EUR 150 million. The restatement of 2024 figures was noted, impacting previous financials but not future guidance.

Reported metrics

Guidance from management

Adesso SE expects revenue growth to EUR 1.6 billion to EUR 1.7 billion and EBITDA between EUR 130 million and EUR 150 million in 2026. Guidance was maintained despite macroeconomic uncertainties.

What management said

Actually, it was in it's not in the way that you -- in previous years, you have seen it in the P&L and now it's capitalized. If you have a fixed price project, only it goes through the P&L, but it's not a whole difference. It's just the margin. So if you look at 2024, the impact because we are not allowed to show the margin anymore, it was last year in 2024, EUR 3.6 million, the overall impact on margins. And we have...

Thank you for these questions. And we have another one from Lukas Spang from Tigris Capital. Mr. Spang, can you hear us? Maybe the question was already answered. So do we have further questions at this point in time? Yes, we have one from Sebastian.

What analysts pressed on

Analysts expressed concerns about the increase in net working capital and its impact on cash flow. Questions were also raised about the IT Solutions segment's ongoing losses and the potential impact of AI on future profitability.

Main topics on the call

• Organic Revenue Growth — Sales increased by 14% organically to EUR 1.47 billion, with strong performance in sectors like insurance and utilities. Management stated, 'adesso showed another year of extraordinary growth.'
• EBITDA Performance — EBITDA rose by 30% to EUR 123.6 million, reaching the upper end of the guided range. The EBITDA margin improved to 8.4%, though management targets a future range of 11% to 13%.
• Restatement of 2024 Figures — The company restated 2024 figures due to reclassification of fixed price projects, impacting revenues and EBITDA by EUR 11 million and EUR 3.6 million respectively.
• AI and Future Opportunities — Management highlighted AI as a significant growth opportunity, particularly in application modernization, stating, 'AI provides now tools since the beginning of the year, which are that mature that you can work with that...

Read the full adesso SE transcript (March 31, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 7 adesso SE earnings call transcripts on record, spanning March 31, 2023 to March 31, 2026. Based on this history, adesso SE reports semi-annually. The most recent call on file is dated March 31, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

ADN1

Exchange

XTRA

Country

DE

Sector

Information Technology

Industry

IT Services

Calls on record

7

First call

March 31, 2023

Most recent

March 31, 2026

Reporting cadence

semi-annually