Hansen Technologies Ltd shares jumped 14% to a five-month high of $5.43 after upgrading FY25 profit guidance. At midday, shares were 11.51% at $5.33.
RBC’s Garry Sherriff highlighted a 15% uplift in underlying and cash EBITDA at the mid-point, driven by core cost savings and faster Powercloud profitability.
While revenue was cut 2% due to project delays, Sherriff noted that underlying margin guidance rose to 28.3% from 24.0%, and FY25 core sales growth remains above historical levels, making deferred contracts into FY26 less concerning.
Continuiing momentum
Hansen has outlined a series of recent customer wins, highlighting continued global momentum:
- A four-year, A$5.5 million contract with Vattenfall to implement Hansen CIS in Finland
- A new agreement with Nordic B2B energy retailer Å Entelios to support its Danish market expansion using Hansen CIS
- A transformative A$50 million, five-year deal with VMO2 — the Telefónica and Liberty Global joint venture — announced in February 2025
- A strategic five-year agreement with a leading US renewable energy operator, valued at approximately A$16 million
- Multiple additional contracts totalling over A$5 million in total contract value (TCV), adding A$1.4 million in annual recurring revenue across Hansen Trade modules
- New customers include Aneo, Modity, World Kinect, Ingrid Capacity and Å Entelios, with deployments across Finland, Sweden, and first-time implementations in Norway, Denmark and The Netherlands.