CHAM, Switzerland, Oct. 29, 2026 /PRNewswire/ — Landis+Gyr Group AG (SIX: LAND), a global energy technology leader driving intelligent innovation across the grid, today announced unaudited financial results for its second quarter and the first half FY 2026 ended September 30, 2026.

Q2 FY 2026

Net revenue of $269.2 million with a record adjusted gross margin* of 38.0% and an order intake of $170.3 million achieved in the quarter

First Half FY 2026

Order intake of $337.3 million, representing a book-to-bill ratio of 0.7x, with a backlog of $3.7 billionMajor contract award post H1 close in October resulting in $509 million order intakeNet revenue of $501.4 million, a decrease of 6.3% year-over-year, driven by project transition timingAdjusted gross profit* increased 4.0% to $189.2 million, with gross margin expanding 370 basis points to 37.7%Adjusted EBITDA* grew 3.5% to $73.9 million, corresponding to a margin of 14.7%, up 140 basis pointsIncome from continuing operations of $51.1 million or $1.84 per share (diluted), an increase of 268%Operating Cash Flow of $74.0 million with continued focus on working capital management

Strategic Initiatives and Outlook

Completed in October the return of $175 million to shareholders through share repurchases as announced with the EMEA divestmentContinued progress toward a U.S. listing while retaining the Swiss listingUpdated FY 2026 guidance: narrowing the net revenue range to between $1,085 and $1,115 million while raising adjusted EBITDA margin to between 15.0% and 16.0%

“Our first half FY2026 top-line performance was in line with expectations and reflected the timing of transition between two major customer deployments, while our continued focus on operational excellence resulted in a record adjusted gross margin in the second quarter,” said Peter Mainz, Chief Executive Officer of Landis+Gyr. “We continue to execute on our strategic trans-formation and returned the proceeds from the EMEA divestment to our shareholders as prom-ised. In recent months we also made further progress in our preparations toward a U.S. listing.”

Davinder Athwal, Chief Financial Officer of Landis+Gyr, commented: “We expect a strong second half of FY 2026, supported by the ramp-up of new customer deployments and continued improvements in profitability, as reflected in our increased adjusted EBITDA margin guidance of 15% to 16%.”

Read the full ad hoc announcement here.

* For a reconciliation of non-GAAP measures, see chapter “Supplemental Reconciliations and Definitions (unaudited)” in this ad hoc announcement.

About Landis+Gyr

Landis+Gyr is a global energy technology leader, delivering intelligent solutions that connect devices, data, and decisions across the grid. Trusted by more than 2,000 utilities worldwide, we transform traditional devices into intelligent, networked sensors, giving utilities real-time grid visibility and system control. With these combined insights, electric, gas, and water companies can anticipate demand, optimize operations, and deliver energy that’s more reliable, resilient, accessible, safe, and sustainable for everyone. For more information, please visit our website www.landisgyr.com.

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Expands HCM Technology Advisory, Integration, and Managed Services Capabilities

PLANO, Texas, Oct. 29, 2026 /PRNewswire/ — NIIT Learning Systems Limited (NSE, BSE: NIITMTS), a global leader in Managed Learning Services, today announced that it has acquired 100% of Bluewater Learning, LLC (“Bluewater”), a strategic learning and talent transformation partner that helps organizations connect workforce capabilities, learning ecosystems, and technology investments to business priorities. The acquisition has been completed through NIIT Learning’s wholly owned subsidiary, NIIT (USA), Inc., for an aggregate consideration of up to USD 17.6 million, including performance-based earnouts over the next five years, subject to certain customary adjustments in accordance with the definitive agreements.

Founded in 2003 and headquartered in Plano, Texas, Bluewater partners with organizations to help them navigate learning and talent transformation. Combining strategic advisory, technology solutions, and ongoing operations, Bluewater helps clients develop strategies, implement solutions, and support the organizational changes needed for long-term success. Over the past two decades, Bluewater has served more than 1,100 clients and completed more than 5,000 learning and talent projects.

As AI transforms how work gets done, talent transformation has become an essential enabler of business change. Enterprises are navigating shifting skills requirements, new and emerging roles, and increasingly complex learning and talent ecosystems built on enterprise HCM platforms and data. The union brings together Bluewater’s strategic advisory, implementation, and integration expertise with NIIT Learning’s global managed learning services capabilities and scale, creating the right-sized, trusted, global HCM and talent transformation partner for large enterprises.

Bluewater’s deep partnerships with leading learning and talent technology platforms, including Cornerstone and Docebo, along with NIIT Learning’s partnerships with Cornerstone, Docebo, Workday, SuccessFactors, Sana Labs, Degreed, Litmos, and Adobe Learning, further strengthen the combined organization’s ability to support clients with a total bench strength of 210 certified HCM consulting and implementation professionals with over 1000 certifications across multiple platforms. Together, the companies offer what large enterprises have been seeking: the global reach and reliability of a large, global managed learning services provider, with the specialist depth in and exclusive focus on HCM technology for learning and talent transformation. The combined organization connects business strategy, talent capabilities, technology and data decisions, and ongoing operations to deliver real-time performance visibility, hyper-personalized learning, and sustainable business outcomes.

As organizations take on massive talent transformation in the age of AI, NIIT is evolving into a trusted business partner that leads clients to “Transform and Operate” their AI-enabled L&D. The acquisition supports NIIT Learning’s growth strategy through:

Expanded strategic advisory capabilities that help organizations align learning, career development, and workforce strategies with AI-driven business priorities, assess skills and organizational readiness, and build actionable transformation roadmaps.Deeper learning and talent technology expertise spanning platform strategy, implementation, enhancement, and optimization, along with API-led integration and data orchestration across HCM and other enterprise systems.Strong operational and managed services capabilities that combine Bluewater’s technology expertise with NIIT Learning’s global delivery scale to simplify operations, accelerate proficiency development, and sustain the value of technology investments.Expanded opportunities for clients and technology partners, bringing together complementary capabilities to support evolving learning, talent, and workforce needs at enterprise scale.

“AI is driving the most significant transformation of the talent and learning landscape we have ever seen, and enterprise HCM platforms and data will sit at the center of it. For more than two decades, Bluewater has built trusted, strategic partnerships with the world’s leading HCM technology companies. Their advisory, implementation, and integration expertise complements NIIT Learning’s global managed learning services capabilities and significantly expands our HCM technology solutions portfolio. Together, we offer large enterprises a global, reliable, and specialist partner that combines strategic guidance, deep technology expertise, and delivery at scale to drive meaningful business outcomes,” said Sapnesh Lalla, Chief Executive Officer and Executive Director, NIIT Learning.

Chris Bond, Founder and Chief Executive Officer of Bluewater Learning, said, “I’m genuinely excited for Bluewater to join the NIIT Learning family. For twenty-three years, our clients have trusted us with some of their most important learning and talent work, and many of those relationships go back well over a decade. That trust is what we’re proudest of, and it’s what we bring into this next chapter. NIIT Learning brings expanded capabilities and a strong track record of delivering great client experiences, giving us an unprecedented opportunity to drive greater impact together. With the scale to do more and the flexibility our clients count on, we can help organizations strengthen workforce readiness, build organizational agility, and achieve long-term business outcomes.”

For more information, please visit https://info.niit.com/niit-bluewater.

About Bluewater Learning
Bluewater Learning helps organizations transform how learning and talent contribute to business performance. Combining strategic advisory, deep learning technology expertise, and ongoing operational support, Bluewater partners with clients to align workforce priorities with learning strategies and technology investments. Through a business-first, technology-informed approach, Bluewater helps organizations move beyond isolated learning initiatives to build connected, sustainable learning ecosystems that support workforce readiness, organizational agility, and long-term business outcomes.

For more information, visit us at www.bluewaterlearning.com.

About NIIT Learning Systems Limited
NIIT Learning is the trusted, award-winning L&D and talent partner for the world’s leading companies, and a recognized leader in AI maturity for learning and development. Established in 1981, NIIT Learning helps enterprises build the AI operating model, infrastructure, and fluency that a human + AI workforce demands, pairing AI-powered managed learning with strategic consulting to solve the most complex challenges in learning, talent, skills, and workforce transformation. Across 40+ countries, our experienced learning teams help clients thrive in an AI-first world with AI-first L&D transformation solutions, reskilling employees at scale through intelligent coaching and dynamic simulations embedded directly into the workflow. With a Net Promoter Score of 9.65/10 and an industry-leading renewal rate, we help leading companies reimagine their learning ecosystems and increase the business value and impact of learning.

For more information, visit us at www.niitmts.com.

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SOURCE Bluewater Learning, LLC

LONGUEUIL, QC, Oct. 29, 2026 /CNW/ — Polara, a leader in fleet electrification, supports organizations across North America with solutions ranging from charging infrastructure design and smart energy management through its Cleo platform to unlocking the value of electric assets in carbon markets.

With revenue growth of 560% over four years, the company is proud to announce that it has been named a 2026 winner of the Deloitte Technology Fast 50™ program, which recognizes the growth, innovation and entrepreneurial spirit of Canada’s top-performing technology companies.

The program recognizes the 50 Canadian technology companies with the highest revenue growth over a four-year period. To date, Polara has delivered 165 charging infrastructure projects, while its Cleo platform manages 290 sites, optimizing thousands of charging stations. In addition, nearly 150 electric fleets have entrusted Polara with the management of their carbon credits.

This recognition reflects Polara’s sustained growth and the expanding impact of its infrastructure solutions, including:

Delivery of New York State’s largest electric school bus fast-charging project for GVC Ltd.;Development of bidirectional vehicle-to-grid (V2G) infrastructure for Fremont Unified School District in California;Deployment of Canada’s first municipal vehicle-to-everything (V2X) charging station in Victoriaville, QC.

“This recognition is first and foremost a reflection of the outstanding work of our team and the trust placed in us by our customers, partners and investors,” said Sébastien Fournier, President and CEO of Polara. “Since the beginning, we have believed that the energy transition must be built on practical, cost-effective and scalable technology solutions. Being named to the Deloitte Technology Fast 50 is an important milestone in our growth journey.”

Polara helps its customers make the transition to electric mobility economically viable by adapting to the operational, regulatory and commercial realities of each market, supported by an integrated offering of infrastructure, software and services.

In carbon markets, eligible electric vehicles and equipment can generate carbon credits. Polara helps customers monetize these credits, creating a new source of revenue. This monetization opportunity complements the operating savings generated through smart charging and further strengthens the overall business case for the energy transition.

At the heart of this growth is Cleo, which serves as the intelligence layer connecting vehicles, charging stations, buildings and power grids. The platform optimizes charging based on fleet operational requirements and site energy constraints.

Polara is also expanding its expertise in bidirectional charging, including vehicle-to-grid (V2G) energy transfer and vehicle-to-everything (V2X) applications. These approaches are paving the way for fleets that can not only use energy more efficiently, but also contribute to the resilience of buildings and power grids.

“This recognition validates the relevance of our vision and the strength of the market we serve,” added David Cantin, Vice President, Finance at Polara. “As organizations seek to reduce energy costs, strengthen resilience and achieve their environmental objectives, we will continue to invest in innovation, particularly in our Cleo platform and its smart charging management capabilities, to deliver greater savings and improve operational and energy efficiency for our customers.”

For more than 25 years, the Deloitte Technology Fast 50 program has celebrated Canadian companies that distinguish themselves through their growth, capacity for innovation and contribution to Canada’s technology ecosystem.

About Polara

Polara specializes in infrastructure and software solutions for electric vehicle fleets. The company supports organizations throughout their energy transition with an integrated offering encompassing vehicle electrification, energy optimization, smart charging management through its Cleo platform, V2X and V2G applications, and carbon credit monetization.

Polara helps fleet operators, manufacturers, municipalities and public-sector organizations unlock new value from their vehicles and equipment through improved energy management and the generation of carbon credits.

With operations in Canada and the United States, Polara supports customers at every stage of their operations, from infrastructure design to the optimization of day-to-day charging activities. Its Cleo platform helps reduce energy costs and optimize fleet charging.

Its flagship products include the Cleo smart charging management platform, the CHRGPK electrical distribution unit, and the PRKOUT home charging solution. Together, these technologies support scalable electrification, participation in new energy services and, where assets are eligible, the monetization of emission reductions through carbon markets.

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SOURCE Polara