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Concerns about AI have recently burdened IT service providers and software stocks. This has also affected Adesso (i.). However, what is often overlooked is the view on the company’s half-year figures. According to these, a revenue growth of 13% to €794.3 million was reported, and the operating profit improved disproportionately by 21% to €45.8 million. These figures demonstrate that the management has optimized the utilization of the workforce back to an efficient level and stabilized margins. According to estimates, the P/E ratio would fall...
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