Linedata to see 9.4% drop in revenue in the first 9 months of 2025

Linedata Services reported revenue of €122.0 million for the first nine months of 2025, a 9.4% decrease compared to the same period in 2024. After adjusting for acquisitions and currency effects, organic growth was 8.6%. The Asset Management segment suffered the largest decline, with a 12.6% reduction at constant scope and exchange rates. Lending & Leasing showed greater resilience, with near organic stability. The recurring portion of revenue represents 79% of total revenue, amounting to €96.8 million. The company forecasts an annual contraction of 5 to 10% for 2025.