TXT e solutions SpA
MIL:TXT
TXT e solutions SpA
TXT e-solutions SpA engages in the provision of software products and solutions. The company is headquartered in Milan, Milano and currently employs 1,210 full-time employees. The company went IPO on 2000-07-05. The company provides software and services-based solutions to enterprises. The firm structures its business into two main segments: TXT Perform and TXT Next. In the TXT Perform segment, it designs and develops software and IT solutions for fashion and luxury, specialty retail, consumer packaged goods (CPG) and discrete manufacturing sector. Through the TXT Next segment, the Company offers system integration and IT services to such sector as aerospace and defense, high-tech manufacturing, and banking and finance. The company operates through subsidiaries: TXT e-solutions Ltd, the United Kingdom; TXT e-solutions GmbH, Germany; TXT e-solutions SL, Spain; TXT e-solutions Sarl, France; Maple Lake Ltd, Canada and Maple Lake Australia Pty Ltd, Australia amd PACE Aerospace Engineering and Information Technology GmbH.
TXT e-solutions SpA engages in the provision of software products and solutions. The company is headquartered in Milan, Milano and currently employs 1,210 full-time employees. The company went IPO on 2000-07-05. The company provides software and services-based solutions to enterprises. The firm structures its business into two main segments: TXT Perform and TXT Next. In the TXT Perform segment, it designs and develops software and IT solutions for fashion and luxury, specialty retail, consumer packaged goods (CPG) and discrete manufacturing sector. Through the TXT Next segment, the Company offers system integration and IT services to such sector as aerospace and defense, high-tech manufacturing, and banking and finance. The company operates through subsidiaries: TXT e-solutions Ltd, the United Kingdom; TXT e-solutions GmbH, Germany; TXT e-solutions SL, Spain; TXT e-solutions Sarl, France; Maple Lake Ltd, Canada and Maple Lake Australia Pty Ltd, Australia amd PACE Aerospace Engineering and Information Technology GmbH.
Revenue Growth: Revenue for the first 9 months reached EUR 281 million, up about 30% year-on-year, with organic growth around 10%.
Profitability: EBITDA for the first 9 months was EUR 41.1 million, a 50% increase, with EBITDA margin improving to 14.6%, up 180 bps from last year.
Segment Highlights: Smart Solutions and Digital Advisory divisions saw particularly strong growth, up 46% and 58% respectively, with Smart Solutions margin above 20%.
R&D and Investments: R&D investment increased 70% year-on-year as the group continues to invest heavily in proprietary solutions and international expansion.
Net Debt & Cash Flow: Net financial debt stood at EUR 120 million at the end of September, with working capital absorption high but expected to improve in Q4.
Guidance Affirmed: Management reaffirmed its 3-year plan targeting average 10% organic revenue growth through 2027, citing a strong project pipeline.
Banca del Fucino Sale: The partial sale of Banca del Fucino was postponed to year-end due to regulatory checks, but management expects the deal to close.
Outlook: Management expressed confidence in margin and revenue growth for Q4 and 2026, with several new deals and investments expected to contribute.
