SoftwareOne saw group revenues rise 8.5% YoY to CHF 506.8m in H1 2023.
Conversely, adjusted EBITDA was down 1.7% to CHF 111.7m, with continued cost discipline and margin progression in Software & Cloud Services.
The company also continues its operational excellence programme, with cost savings of CHF 8m achieved in H1 2023.
CFO Rodolfo Savitzky, said: “On the commercial side, we are in the process of re-balancing sales resources and have launched AI-driven cross-selling initiatives in the regions.
“We have also progressed in optimising our services delivery network, driving the contribution margin in Software & Cloud Services towards 40%.”
CEO Brian Duffy added: “Looking forward, we will ignite partner relationships and mobilise the ecosystem to deliver for our joint customers as we enter a new era fuelled by data and AI.
“This includes embarking on a new journey with Microsoft to re-imagine productivity for all employees as Copilot comes to market.”