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 & Media Contacts
Adam Snyder
Head of Investor Relations, Temenos
Press and media enquiries
Conor McClafferty | Martin Meier-Pfister