Skip to main content

Sword Group: Results for the First Quarter of 2024

Written by Customer Service on . Posted in Public Companies.

Consolidated Revenue: €75.8m (i)

Organic Growth: +16.8% (i)

EBITDA Margin: 12.0%

(i) on a like-for-like basis and at constant exchange rates (excluding AAA)

KEY FIGURES

The consolidated revenue for the first quarter of 2024 is €75.8m, up 16.8% at constant scope and exchange rates.
Profitability (EBITDA margin) is 12.0% or €9.1m.

Q1 2024 ACCOUNTS

 Q1 | non audited figures
€m20242023 (iI)Organic Growth (i)
Revenue75.872.0+16.8%
EBITDA9.18.6–
EBITDA Margin12.0%12.0%–

(i) on a like-for-like basis and at constant exchange rates (excluding AAA)
(ii) includes AAA’s 2023 revenue. AAA was deconsolidated on 01/06/2023.

ANALYSIS
The comparison of revenue for the first quarter 2023 and the first quarter 2024 must take into account the fact that in the first quarter 2023 we were still consolidating AAA, which was sold and therefore deconsolidated on 1 June 2023.
If we analyse this growth on a like-for-like basis, it is higher than the budgeted 15%.
In Terms of profitability, we remain at our ‘normative’ profitability of 12%.

OUTLOOK 2024
We can confirm our 2024 budget.

OUTLOOK 2028
2024 is an important year for Sword as we plan to outperform the organic growth forecasted in the Business Plan over the following 4 years, thanks to:
– Growth accelerators, some of which are still being studied,
– Micro-acquisitions, which themselves generate organic growth for the Group’s other entities.
We confirm our Business Plan 2028.

Calendar
29/04/24 | Annual Shareholders Meeting (Year 2023) – Dividend Proposed €1.7 gross per share
18/07/24 | 2024 Second Quarter Revenue

About Sword Group

Sword has 3,000+ IT/Digital 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

Attachment

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.