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17,093.50
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78.00
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46.11
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109.15
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17,093.50
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39,023.71
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38,797.51
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7,747.81
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USD/AUD
0.6617
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71,640.19
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78.00
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2,163.90
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17,093.50
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Hansen Technologies (ASX: $HSN) signs renewal and upgrade contract with leading European utility

  • Author: Stock Piper

Hansen Technologies (ASX: $HSN) Contract Renewal and Upgrade Announcement


Hansen Technologies Ltd (ASX: $HSN) has signed a 7-year renewal contract with a leading European utility, SSE, a major supplier of electricity and gas to the United Kingdom and Republic of Ireland. The renewal includes an upgrade to Hansen's cloud-enabled Customer Information System (CIS) platform, reflecting the long-term partnership between the two companies since 2005. The upgrade aims to enhance customer engagement and provide access to features supporting smart meter data management and flexible pricing and quoting for electric vehicles, solar, battery, and heat pumps. The implementation is set to commence in FY25, with an additional incremental recurring revenue uplift of approximately A$2.8m per annum post implementation completion.

Hansen Technologies (ASX: $HSN) CEO and Managing Director, Andrew Hansen, on the Renewal and Upgrade Contract


We are extremely proud of our enduring partnership. This renewal represents a significant milestone, highlighting the strategic investments we have made in our products and underscoring our commitment to supporting a valued customer through their digital transformation journey. Our continued collaboration reflects our ability to deliver innovative solutions and reliable support in an evolving digital landscape.

Hansen Technologies (ASX: $HSN) Contract Renewal and Upgrade Summary


Hansen Technologies Ltd (ASX: $HSN) has announced the signing of a 7-year renewal contract with SSE, a leading European utility. The renewal includes an upgrade to Hansen's cloud-enabled Customer Information System (CIS) platform, aiming to enhance customer engagement and provide access to features supporting smart meter data management and flexible pricing and quoting for electric vehicles, solar, battery, and heat pumps. The implementation is set to commence in FY25, with an additional incremental recurring revenue uplift of approximately A$2.8m per annum post implementation completion. The announcement reflects Hansen's commitment to supporting its customers through digital transformation and delivering innovative solutions in an evolving digital landscape.

HANSEN TECHNOLOGIES LIMITED
HSN | ASX | Information Technology
4.40(+0%)
At close 03/07 (AEDT)
Market cap
$895.4M
Volume
0
DY Yield
2.27
PE Ratio
20.18
52 Week Range
0 - 6.06
1YR Return
254.839%

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