Adesso Stock: Strong Q2 Results Spark Rally

Adesso’s shares surged 5% pre-market to €77.20 after the German IT services firm reported better-than-expected Q2 earnings, reversing a recent slump. Revenue grew 13% year-over-year to €356 million, while operating profit (EBIT) nearly doubled to €19.3 million, far exceeding analyst forecasts. The performance was driven by robust license sales in product divisions and strong demand from healthcare and energy sectors, which grew 27% and 22% respectively. Although the company posted a net loss of €1.9 million, this marked significant improvement from last year’s €6.6 million deficit.

Cost Management and Outlook

Adesso maintained its full-year guidance, targeting €1.35–1.45 billion in revenue and €105–125 million EBITDA, supported by projected licensing deals and seven additional working days in H2. While personnel costs rose modestly (10%), material expenses jumped 26% due to increased subcontracting. The company plans to moderate hiring to curb costs. Despite rising debt (€187.9 million) and negative cash flow (-€44.2 million), management noted improving investment appetite in insurance clients, signaling potential growth. Market sentiment shifted sharply, rewarding Adesso’s operational turnaround.