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Sword Group Earnings Release 2023
9939_iss_2024-01-25_97c84878-0a36-4868-b007-a8d2e04e15d4.pdf
Earnings Release
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Press release
Windhof - 25 January 2024
SWORD
UPGRADE YOUR BUSINESS
Sword Group | Results for the Fourth Quarter of 2023
Consolidated Revenue: €71.5m
Organic Growth: +12.6% (i)
EBITDA Margin: 12.0%
(i) on a like-for-like basis and at constant exchange rates
KEY FIGURES
Fourth-quarter 2023 revenue comes to €71.5m, with a consolidated profitability (EBITDA margin) of 12.0%, or €8.5m.
At 31 December, consolidated revenue comes to €288.1m, with a consolidated profitability (EBITDA margin) of 12.1%, or €34.8m. Revenue excluding AAA is €281.6m and profitability is 12.3%.
The net cash position including treasury shares, excluding IFRS, is €32.6m at 31/12/2023.
Q4 2023 ACCOUNTS
| Q4 | non audited Figures |
|---|---|
| €m | 2023 |
| Revenue | 71.5 |
| EBITDA | 8.5 |
| EBITDA Margin | 12.0% |
(i) on a like-for-like basis and at constant exchange rates
(ii) includes AAA's 2022 revenue. AAA was deconsolidated on 01/06/2023.
2023 ANNUAL ACCOUNTS
| YEAR | non audited Figures |
|---|---|
| €m | 2023 |
| Revenue | 288.1 |
| EBITDA | 34.8 |
| EBITDA Margin | 12.1% |
(i) on a like-for-like basis and at constant exchange rates
(ii) includes AAA's 2022 revenue. AAA was deconsolidated on 01/06/2023.
[...]
The press release will be published on the web sites here after: GlobeNewswire/Notified 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.
The definition of the alternative performance indicators can be found on page 14 of the 2022 Financial Report.
31
Agenda
07/02/24
2023 Annual Results Presentation Meeting
10am | Paris
25/04/24
Publication of Q1 2024 Results
Sword Group
Sword has 3,000+ IT/Digital specialists active in 50+ countries 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 complex IT & business project management.
Sword optimises your processes and enhances your data.
| Market | ICB 9530 | ISIN Code | Indices | sword-group.com |
|---|---|---|---|---|
| Euronext Paris | Software & Computer Services | FR0004180578 | CAC® All-Shares | EN TECH Leaders |
| Compartment B | CAC® Technology | EN TECH Croissance |
Sword Group - 2, rue d'Arlon L-8399 Windhof - [email protected]
P&A
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ANALYSIS
The 4th quarter performance is in line with our budget, which takes the following factors into account:
- Anticipated sustainable growth between 13% and 15% a year until 2028,
- Start of major contracts in Switzerland and in BeLux.
The 2023 performance is better than the annual budget, which anticipated 15% rather than 19% organic growth.
Cash collection was strong in the 2nd half of the year.
Including treasury shares, we have gone from €15.8m at 30/06/2023 to €32.6m at 31 December 2023.
OUTLOOK
The 2024-2028 Business Plan, which forecasts constant profitability and growth in excess of 13% a year, has been the subject of a strategic plan which will be presented at the annual meeting (SFAF meeting) on 7 March in Paris.
As a result, the Group is forecasting annual revenue in excess of €316m in 2024, excluding acquisitions.
AGENDA
Join us for the Annual Financial Meeting on 7 March in Paris 👉 Register here.
Sword Group
Sword has 3,000+ IT/Digital specialists active in 50+ countries 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 complex IT & business project management.
Sword optimises your processes and enhances your data.
The press release will be published on the web sites here after: GlobeNewswire/Notified 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® All-Shares
CAC® Technology | EN TECH Leaders
EN TECH Croissance | sword-group.com |
| --- | --- | --- | --- | --- | --- |
Sword Group - 2, rue d'Arlon L-8399 Windhof - [email protected]
P&A
EURONEXT
SWP
EUROELECT
EUROPEAN TEN LEADERS
in
f