💨 Abstract

SoftwareOne Holding, a Swiss software management firm, reported a 1.4% increase in sales during its third quarter but a 18.3% drop in adjusted core operating profit. The company has been in discussions to go private, with talks progressing but remaining challenging. The CEO, Raphael Erb, stated that Q3 results were disappointing due to issues implementing a new sales strategy and a cautious spending environment.

Courtesy: theprint.in

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