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softwareONE® Media Release - ad hoc announcement pursuant to Art . 53 LR SoftwareONE delivers solid results with accelerated investments in growth in H1 2021 Stans , Switzerland 1 26 August 2021 – SoftwareONE Holding AG , a leading global provider of end- to - end software and cloud technology solutions , today announced its H1 2021 results with a strong performance in Solutions & Services , underpinned by accelerating investments in strategic growth areas . At the group level , gross profit grew 12.3 % YoY in constant currency¹ . Full - year guidance is maintained , with strong growth prospects for the second half of 2021 . • • • • • • At the group level , gross profit grew 12.3 % YoY in constant currency to CHF 414.4 million Gross profit growth in Solutions & Services accelerated to 53.4 % YoY in constant currency to CHF 146.7 million , driven by customers ' prioritization of cloud - first digital transformation ; Solutions & Services now represents 35 % of group gross profit , up from 26 % in H1 2020 Gross profit in Software & Cloud declined by 2.1 % YoY in constant currency , driven by residual COVID - 19 - related software purchasing weakness among SMEs and a continued shift to pay- as - you - go ; By region , LATAM was impacted by a weak COVID - 19 - related macro - economic environment Adjusted EBITDA corresponded to CHF 109.1 million , implying a margin of 26.3 % , reflecting accelerated investments in strategic growth areas Microsoft strategic agreement for application services and SAP on Azure announced in late March 2021 , with foundation built and significant growth in pipeline Six acquisitions announced since the beginning of 2021 , with a focus on SAP cloud expertise and delivery capabilities , as well as strengthening the company's AWS and Google practices Rodolfo J. Savitzky to join SoftwareONE as CFO and member of the Executive Board effective 1 January 2022 , succeeding Hans Grüter who has decided to retire from operational activities , as announced in separate media release Executive Board expanded with Bernd Schlotter , who joined in August 2021 as President of Services , in line with ambition to build Solutions & Services to 50 % of group gross profit to increase the proportion of recurring revenues Full - year guidance re - iterated based on an expected recovery in Software & Cloud and a strong backlog in Solutions & Services , with EBITDA margin profile expected to benefit from front- loaded investments and improved operating leverage in H2 2021 Audio webcast for investors , analysts and media to be held today at 9.00 CEST Dieter Schlosser , CEO of SoftwareONE said , “ During a year marked by strategic investments , I am encouraged by our first - half results and return to a solid level of growth . This is a testament to our growth strategy , ability to execute , and most importantly , the unwavering commitment of my colleagues who continued to deliver world - class customer experiences globally . 1 Except where specified otherwise , InterGrupo is included in all gross profit growth figures ; InterGrupo was fully acquired in early 2021 and consolidated from November 2020 onwards , contributing CHF 15.9 million in H1 2021 , corresponding to approximately 4 % YoY growth