• New wins including City of Kingsport and Entelios expansion
• Awarded EcoVadis 'Committed' badge for sustainability goals
• $50m five-year agreement signed with VMO2

Hansen Technologies Ltd, a global provider of software and services to the energy & utilities and communications & media industries, reported its 1H25 results. The company saw a 6.1% increase in operating revenue to $178.0m, driven by growth in both the Energy & Utilities and Communications & Media sectors. Key operational highlights included new wins such as the City of Kingsport and Entelios' expansion into Denmark, as well as the company being awarded the EcoVadis 'Committed' badge for its sustainability efforts. Hansen also made a strategic $2.2m investment for a 30% stake in Dial AI to develop and distribute AI solutions. Despite short-term impacts from the powercloud turnaround, the company signed a transformative $50m five-year agreement with VMO2, a joint venture between Telefónica and Liberty Global. Looking ahead, Hansen expects a significantly stronger 2H25, with revenue and profitability expected to accelerate. The company reaffirmed its FY25 guidance, targeting operating revenue of $398m-$405m, underlying EBITDA of $92m-$101m, and cash EBITDA of $76m-$85m.

For FY25, Hansen is targeting operating revenue of $398m-$405m (5-7% growth vs FY24 including annualised powercloud revenue of $44.2m), underlying EBITDA of $92m-$101m (23-25% margin), and cash EBITDA of $76m-$85m (19-21% margin).

Hansen sees strong growth indicators for FY25 and beyond, driven by demand for sophisticated billing and support solutions in the Energy & Utilities sector, opportunities in the Communications & Media sector as Tier 1 companies upgrade legacy systems, the growth potential of the powercloud business in Germany's energy transition, and the company's advancement in AI-driven automation and customer service solutions.