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Linedata Services Earnings Release 2012

Feb 5, 2013

1483_iss_2013-02-05_fed4f000-f6dc-4691-865a-2a53e44bddf3.pdf

Earnings Release

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Revenues for 2012: €144.0M (+4.9%)

M€ - IFRS 2011 2012 Change Like-for-like
change at constant
exchange rates*
1st quarter 31.7 34.1 +7.6% +0.5%
2nd quarter 32.3 36.2 +12.3% +2.0%
3rd quarter 34.8 34.4 -1.3% -6.7%
4th quarter 38.5 39.3 +2.0% -0.1%
Total 137.3 144.0 +4.9% -1.1%

Rounded, unaudited figures

* Includes the company Fimasys from the 3rd quarter of 2011

Neuilly-sur-Seine, 5 February 2013: Linedata (LIN:FP), the global solutions provider dedicated to the investment management and credit finance industries, posted revenues of €144.0M in 2012, an increase of 4.9% compared with 2011. At constant exchange rates and on a like-for-like basis, revenues decreased by 1.1%.

In the fourth quarter of 2012, revenues reached €39.3M, compared with €38.5M in 2011, representing an increase of 2.0%. Revenues were almost stable on a like-for-like basis at constant exchange rates.

Recurring revenues increased by €8.4M to reach €106.1M over the year, representing 74% of total revenues.

For the full year, new bookings were stable at approximately €49M.

Revenues by geographical region:

M€ - IFRS 2011 2012 Change Like-for-like
change at constant
exchange rates*
Southern Europe 69.6 71.4 +2.6% -2.2%
Northern Europe 27.1 28.9 +6.5% +0.8%
North America 37.4 40.5 +8.1% -0.1%
Asia 3.2 3.3 +3.1% -5.1%
Total 137.3 144.0 +4.9% -1.1%

Rounded, unaudited figures

* Includes the company Fimasys from the 3rd quarter of 2011

SOUTHERN EUROPE (Q1: €17.0M, +9.1%; Q2: €18.2M, +9.9%; Q3: €15.5M, -9.1%; Q4: €20.7M, +1.4%)

Sales in Southern Europe were up 2.6% compared with 2011 due to the favourable impact of Credit Finance business revenues (+€3.0M over the year). The latter benefited in particular from the contribution from Fimasys throughout the full year (+€2.8M).

NORTHERN EUROPE (Q1: €6.5M, -0.6%; Q2: €7.2M, +9.8%; Q3: €7.4M, +9.2%; Q4: €7.8M, +7.5%)

Northern Europe performed well in 2012 with an increase of 6.5% in its revenues compared with 2011. Growth was sustained by recurring revenues from maintenance, monthly licences and ASP and reached +0.8% at constant exchange rates.

NORTH AMERICA (Q1: €9.9M, +13.2%; Q2: €10.0M, +18.1%; Q3: €10.6M, +3.7%; Q4: €9.9M, -0.3%)

In North America, revenues for 2012 were up 8.1%, benefiting from favourable exchange rate movements between the dollar and the euro. At constant exchange rates, sales were stable.

ASIA (Q1: €0.8M, -11.8%; Q2: €0.9M, +20.1%; Q3: €0.9M, +13.7%; Q4: €0.8M, -5.4%)

In Asia, revenues were up 3.1% compared with 2011 in terms of reported figures (-5.7% at constant exchange rates). The region continued to grow in terms of ASP with the signing of five new contracts.

Outlook:

Due to the growth of its revenues, Linedata anticipates an increase of EBITDA for 2012.

For the 2013 financial year, despite ever-unpredictable market conditions, the Group remains confident thanks to the quality of its offering, its dynamic installed base and the high level of its backlog.

___________________________________________________________________________________________________

Next communication: Publication of 2012 annual results on 28 February 2013 after close of trading.

ABOUT LINEDATA

Linedata is a global solutions provider with 700 clients operating in 50 countries. With more than 900 employees across the globe, Linedata is dedicated to the investment management and credit community. Linedata has been at the service of the financial industry from day one, and applies its market and client insight to provide innovative and tailored mission-critical software and services that help its clients grow. Headquartered in France, Linedata achieved revenues of EUR 144 million in 2012. This company is listed on Euronext Paris FR0004156297-LIN - Reuters LDSV.LN - Bloomberg LIN:FP.

For further information, please contact:

Linedata Finance Department +33 (0)1 47 77 68 39 [email protected] www.linedata.com

Cap Value Financial communication Gilles Broquelet / Samuel Beaupain +33 (0)1 80 81 50 00 [email protected] www.capvalue.fr