Softing AG Reports on Third Quarter and Nine-Month Performance for 2026

Softing AG's recent interim statement reveals varied performance across its segments for the first nine months of 2026. The Industrial segment noted a 7% revenue increase with promising growth in North America and EMEA. Order books rose by over 50%, influenced by software license sales. However, the Automotive segment faced a 23% revenue decline, attributed largely to market adjustments and certain delayed projects, though a positive full-year EBIT is still expected.

Meanwhile, the IT Networks segment struggled, facing losses due to restructuring and adverse early-year weather impacts. Despite improvements in the latter quarters, a loss for the year is anticipated. Looking ahead, Softing anticipates new product launches, cost-saving measures, and strategic global sales initiatives to drive growth and boost profitability across all segments in 2027.