Fannie Mae, Freddie Mac shares tumble after conservatorship comments
Investing.com -- Shares of Sesa soared 9.5% following the company’s announcement of accelerated revenue growth and strong performance in Business Services.
The Italian IT firm reported that its group total revenue grew by 11.7% year-over-year (YoY) to approximately €1,000 million, including the full consolidation of GreenSun.
The company’s Value-Added Services (VAS) and Business Services segments were significant contributors to this quarter’s success. VAS revenue increased by 7.7% to €662 million, recovering from previous quarters’ sluggish growth.
Business Services continued its robust performance with a 45.1% surge in revenue to €41 million. However, the Systems Solutions Integration (SSI) segment showed a marginal growth of 0.3% YoY, reaching €242 million, as it was affected by internal restructuring.
Despite the positive revenue trends, Sesa’s EBITDA margin for the third quarter of 2025 experienced a slight decline to 6.9%, compared to 7.1% in the second quarter and 7.5% in the third quarter of the previous year. This was partly due to the dilution effect from the GreenSun acquisition and ongoing investments in the SSI business. The EBITDA for the quarter stood at €69 million, a 2.7% increase YoY.
Looking forward, Sesa’s management has retained its full-year 2025 guidance and introduced its guidance for fiscal year 2026. The company anticipates mid-single-digit revenue growth, high-single-digit EBITDA growth, and an improved margin of 7.5% for FY26, slightly higher than the expected 7.4% for FY24.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.