Hansen Technologies (ASX:HSN) Raises FY25 EBITDA Guidance
Financial Performance
Hansen Technologies has upgraded its FY25 Underlying and Cash EBITDA guidance, anticipating margins of approximately 28% and 24% respectively. This revision reflects a 19-21% and 20-22% increase compared to FY24, driven by enhanced operating efficiencies, disciplined cost management, and the profitable contribution from powercloud.
Revenue Growth
The company expects FY25 operating revenue to grow by approximately 11% compared to FY24, despite some revenue shifting to FY26. Excluding the powercloud acquisition, revenue growth is projected at around 5%. Hansen maintains a robust business pipeline and remains optimistic about growth beyond FY25.
Customer Wins
Hansen reported several significant customer agreements, including a $5.5m four-year deal with Vattenfall, a $50m five-year deal with VMO2, and a $16m strategic agreement with a major US renewable energy portfolio. Additional agreements include contracts with Aneo, Modity, World Kinect, Ingrid Capacity, and Å Entelios across Finland, Sweden, Norway, Denmark, and the Netherlands.
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