Temenos receives investment grade rating from Fitch Ratings
Ad hoc announcement pursuant to Art. 53 LR
Commenting on the rating, Temenos CFO, Takis Spiliopoulos, said:
“We are very pleased with the investment grade rating we have received, which confirms our market leadership position, diverse customer base and high retention rates. Our transition to subscription and growth in SaaS are driving the growth in our recurring revenue and the growth and predictability of our free cash flow. This public rating is expected to increase our access to a broad range of financial and capital markets.”
Investor and media contacts
| Investors | International media | Swiss media |
| Adam Snyder Corporate Affairs Director, Temenos Email: [email protected] Tel: +44 207 423 3945 | Conor McClafferty FGS Global on behalf of Temenos Email: [email protected] Tel: +44 7920 087 914 | Martin Meier-Pfister IRF on behalf of Temenos Email: [email protected] Tel: +41 43 244 81 40 |