Sword Group Q1-2016 (1) Organic Growth at constant exchange rate: +20.4% EBITDA margin: 15.1% Dividends proposed at the General Meeting on the 28 April 2016: €1.2 (1) Non audited Figures Windhof - April 25th 2016, €M Q1 (1) Consolidated 2016 ...
Sword Group Q1-2016 (1)
Organic Growth at constant exchange rate: +20.4%
EBITDA margin: 15.1%
Dividends proposed at the General Meeting on the 28 April 2016: €1.2
(1) Non audited Figures
Windhof - April 25th 2016,
|EBITDA Margin||15.1%||15.1 %||-|
(1) Non audited Figures
Organic Growth for Q1-2016 on a like-for-like basis amounts to + 16.7%.
In sectorial terms, the growth for each of the divisions is:
- Software: + 14.5%
- Services: + 17.7%
After adjusting for exchange rate fluctuations, the growth for Q1-2016 amounts to 20.4%.
The growth by division is:
- Software: + 18.0%
- Services: + 21.4%
The Q1-2016 forecasted growth at constant exchange rates was 15%. Sword has outperformed its forecasted growth by 5.4 percentage points.
EVENTS CONCERNING THE PERIMETER
The adjustments required to calculate the organic growth are:
- Adjustments to the perimeter relating to the disposals carried out in FY2015 of several non-core businesses (1.618, TAF, Kenzan and CRS2) as well as the acquisition of AAA which was carried out in December 2015.
- Exchange rate fluctuations.
The Group confirms its 2016 objective of:
- 15% of organic growth at a constant exchange rate
- 15% EBITDA margin.
1 400+ staff
Listed on Euronext Paris - Compartment B
ISIN Code: FR0004180578
ICB: 9530 Logiciels et Services Informatiques
CAC® Mid & Small
About Sword Group
Sword Group is an international, Service and Software Company driving global leaders in their digital & technology transformation.
Created in November 2000, the group has a current headcount of 1,400+ staff (31/12/2015) operating in more than 50 countries.
Sword generated €137.6m in consolidated revenue in 2015.
Sword offers its customers comprehensive and integrated responses, on both the strategic approach and the execution.
In order to meet the strategic challenges of its clients, the adaptation demands of their information systems and the evolution needs of their business processes, Sword is organized around specialised competence centres. The group guarantees to customers the provision of proximity services, high-added value know-how, high production capacity and optimised economic approaches.
More information on www.sword-group.com
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: SWORD Group via Globenewswire
Source(s) : SWORD Group
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