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Sword Group: Results for the Third Quarter 2022
المصدر: Nasdaq GlobeNewswire / 25 أكتوبر 2022 11:35:00 America/New_York
Results for the Third Quarter 2022 | €67.9m
Organic Growth (i) | + 28.9%
(i) on a like-for-like basis and at constant exchange rates
KEY FIGURES
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.THIRD QUARTER ACCOUNTS
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.ACCOUNTS AS AT 30 SEPTEMBER 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.
ANALYSIS
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.
2022 OUTLOOK
For 2022, The Group has revised its Revenue target to €260m.
Agenda
25/01/23
2022 Q4 Revenue
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.Contact: investorrelations@sword-group.lu
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