Swissnet AG Completes Merger and Rebranding

Swissnet AG, previously known as beaconsmind AG, has finalized its merger and rebranding as part of a strategic transformation. This initiative positions the company as a leader in IT infrastructure, cloud communications, and AI-driven hospitality solutions. The recent Extraordinary General Meeting ratified this transformation, signifying a significant step forward.

The shareholders approved a flexible capital range of CHF 850k to CHF 1.27m, enhancing Swissnet's ability to capitalize on growth opportunities. January's trading showed strong performance with two significant orders, including a €0.8m project for Vitanas' Peine Hospital and a €1.3m partnership extension with Philip Morris.

For fiscal year 2025, Swissnet targets sales between CHF 26-28m and an EBITDA of CHF 6-7m, reflecting a robust start to the year. The share price currently undervalues its potential, supporting the "Buy" recommendation with a target price of €20.