Linedata Reports First-Half 2026 Revenue Decline

Linedata Services announced a revenue of €82.4 million for the first half of 2026, marking a 4.8% decrease on a reported basis. This decline is primarily attributed to unfavorable currency effects, particularly concerning the EUR/USD exchange rate. On a like-for-like basis, the revenue dropped by 1.3%.

The Asset Management division saw its revenue decrease by 3.2% to €51.9 million. Despite the downturn, order intake rose by 16.9% to €19.5 million. The Software division was notably impacted by a previous cyberattack, contributing to a 6.7% decrease in like-for-like revenue.

Conversely, the Lending & Leasing division experienced a 2.3% organic growth, recording €30.4 million in revenue. This division reported a 39.7% increase in order intake, indicating a positive trend in commercial activity.

Despite these developments, Linedata anticipates lower profitability for the first half of the year, with detailed results expected on September 9, 2026.