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Hansen Technologies Limited ( (AU:HSN) ) just unveiled an update.
Hansen Technologies has announced the acquisition of key software applications from CONUTI GmbH, a partner of powercloud, for up to EUR 7.5 million. This acquisition aims to strengthen Hansen’s position in the German market by bringing strategic assets in-house, aligning with its long-term growth strategy. The transaction is expected to be earnings accretive, contributing FY26 revenues of approximately A$3-4 million and EBITDA of A$2 million post synergies, without materially impacting FY25 results. This move enhances Hansen’s ability to deliver end-to-end solutions in the DACH region, integrating valuable intellectual property and expertise into the Hansen Group.
More about Hansen Technologies Limited
Hansen Technologies Ltd (ASX: HSN) is a leading global provider of software and services to the Energy & Utilities and Communications & Media industries. The company offers an award-winning software portfolio, serving customers in over 80 countries by helping them create, sell, and deliver new products and services, manage and analyze customer data, and control critical revenue management and customer support processes.
YTD Price Performance: -13.68%
Average Trading Volume: 214
Technical Sentiment Signal: Buy
Current Market Cap: €588.8M
Learn more about HSN stock on TipRanks’ Stock Analysis page.