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Sword Group — Earnings Release 2013
Apr 24, 2013
9939_iss_2013-04-24_54b5acbd-03ba-4fef-8576-990e42addc91.pdf
Earnings Release
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SWORD UPGRADE YOUR BUSINESS
Sword Group
Performance over the 1st quarter of 2013
in line with budget figures
Luxembourg - 24th April 2013,
| €M - Consolidated figures (1) | Q1 2013 (2) | Q1 2012 |
|---|---|---|
| Revenue | 26.1 | 34.3 |
| Current Operating Profit | 3.6 | 5.1 |
| Net Cash Position | 48.3 | 6.9 |
(2) Reduction in perimeter
ANALYSIS
The lower level of turnover for the 1st quarter of 2013 when compared with the same period in 2012 is linked with:
- Disposals made in 2012,
- The changeover from License mode to ASP mode for Software activities,
And, to a lesser extent,
- The number of working days in the quarter (-3% compared with Q1 2012).
After adjustment for the exceptional licenses granted during the 1st quarter of 2012, the pro-forma growth rate is at 1.2% for turnover and 12.5% for current operating income, despite the drop in the number of working days over the quarter.
Performance per division is as follows:
| €M - Consolidated Figures (1) | Q1 2013 | ||
|---|---|---|---|
| Revenue | EBIT | % | |
| Software | 4.8 | 1.8 | 37.5% |
| IT Services | 14.5 | 1.4 | 9.7% |
| Communication Technologies | 6.8 | 0.8 | 11.8% |
| Holding | - | -0.4 | - |
| Total | 26.1 | 3.6 | 13.8% |
PERSPECTIVES
Backlog has grown by 6.3% between December 31st, 2012 and March 31st, 2013.
Current operating income for the quarter has made a 27.7% contribution to our annual objective.
As a result, the Group is in line with its objectives.
Sword Group - Q1 2013 (1)
Consolidated Revenue: €26.1M
Current Operating Margin: 13.8%
(1) Non audited
Investor relations
Sword Group
1,021 staff (31/03/2013)
Euronext Paris - Compartment C
ISIN Code: FR0004180578
ICB: 9530 Software & Computer Services
Indices CAC® Small
CAC® Mid & Small
CAC® All-Tradable
CAC® All-Share
© Sword Group SE
105, Route d'Arlon
L-8009 Strassen
NYSE Euronext
SWP LISTED NYSE EURONEXT
The press release will be published on the web sites here after: Thomson Reuters and Sword Group. It was also sent to the "Commission de Surveillance du Secteur Financier (CSSF)" and saved on the Luxembourg Stock Exchange's web site.