Earnings Release • Oct 25, 2022
Earnings Release
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Press Release Windhof - October 25, 2022
(i) on a like-for-like basis and at constant exchange rates
For the third quarter of 2022, Consolidated Revenue amounts to €67.9m and the consolidated profitability (EBITDA margin) is 12.2 % or €8.3m.
At 30 September, Consolidated Revenue is €199.9m with a Consolidated Profitability (EBITDA margin) of 12.8% or €25.5m.
| Consolidated Q3 non audited figures | |||||
|---|---|---|---|---|---|
| €m | 2022 (2) | 2021 | Organic Growth (1) | ||
| Revenue | 67.9 | 55.9 | + 28.9% | ||
| EBITDA | 8.3 | 7.2 | - | ||
| EBITDA margin | 12.2% | 12.8% | - |
(1) on a like-for-like basis and at constant exchange rates.
(2) no longer include the Revenue of Sword GRC, which was sold in April 2022.
| Consolidated YTD non audited figures | ||||
|---|---|---|---|---|
| €m | 2022 (2) | 2021 | Organic Growth (1) | |
| Revenue | 199.9 | 154.9 | + 26.3% | |
| EBITDA | 25.5 | 20.3 | - | |
| EBITDA margin | 12.8% | 13.1% | - |
(1) on a like-for-like basis and at constant exchange rates. (2) including €6.5m of Revenue from Sword GRC, sold in April 2022.
Successful acquisitions in 2021-2022, note that the acquisitions are all within the Group's profitability standards and therefore have no impact on consolidated profitability.
The 12.8% profitability in Q3 2021 was due to the consolidation of Sword GRC. Without this entity the 2022 profitability is similar to the 2021 profitability.
The Revenue of €6.5m from Sword GRC, sold in 2022, is included in YTD Revenue. Without this company, YTD revenue is €193.4m and profitability is 12.2%.
Clients needs remain strong and Sword continues to be recognised in its markets.
For 2022, The Group has revised its Revenue target to €260m.
The press release will be published on the web sites here after: GlobeNewswire and Sword Group. It was also sent to the "Commission de Surveillance du Secteur Financier (CSSF)" and saved on the Luxembourg Stock Exchange's website.
Market Euronext Paris Compartment B ICB 9530 Software & Computer Services ISIN Code FR0004180578 Indices CAC® Small CAC® Mid & Small
CAC® All-Tradable CAC® All-Share
sword-group.com
Agenda 25/01/23 Publication of Q4 Revenue 2022 09/03/23 2022 Annual Results Presentation Meeting 10am | Paris About Sword Group Sword has 2,500+ IT/Digital & Software specialists present over 5 continents to accompany you in the growth of your organisation in the digital age. As a leader in technological and digital transformation, Sword has a solid reputation in software publishing and in complex IT & business project management. Sword optimises your processes and enhances your data.
Sword Group - 2, rue d'Arlon L-8399 Windhof - [email protected]
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