**Summary**
PSI Software SE reported strong revenue growth and new order intake for the first nine months of 2025, despite one-time expenses impacting profitability. Key highlights include
**Revenue Growth** Revenue increased by 14.8% to €203.6 million compared to the same period in 2024.
**New Orders** New orders surged by 36.4% to €269 million, significantly outpacing the previous year.
**Adjusted EBIT** Adjusted operating result (EBIT) was €5.8 million, in line with expectations, excluding one-time expenses.
**One-Time Expenses** Unadjusted EBIT was negative at €-20.4 million due to restructuring costs, transaction costs related to the Warburg Pincus investment agreement, and cloud transformation expenses.
**Segment Performance** All segments (Grid & Energy Management, Process Industries & Metals, Discrete Manufacturing, and Logistics) reported revenue growth, with varying impacts on operating results due to restructuring and transformation costs.
**Strategic Partnership** PSI signed an investment agreement with Warburg Pincus, which plans a voluntary public takeover offer. This partnership aims to support PSIs long-term growth, with Warburg Pincus providing financial resources to cover transaction costs.
**Outlook** PSI expects continued growth in order intake and sales of around 10% for 2025, with an adjusted EBIT margin of approximately 4% after accounting for one-time expenses.
Despite short-term financial challenges, PSI remains focused on its core business of developing software for energy and materials optimization, leveraging AI and cloud technologies to drive sustainable growth.