Sword Group: 2018 Third Quarter Results - Organic Growth at constant exchange rates and on a like-for-like basis: + 21.4%

Le par GlobeNewswire  |  0 commentaire(s)

Financial Announcement Windhof - October, 25th 2018 Sword Group - 2018 Third Quarter Results Revenue: €48.6 M Organic Growth at constant exchange rates and on a like-for-like basis: + 21.4% CONSOLIDATED ACCOUNTS AT CONSTANT STANDARDS Q3 (1) (2) ...

Financial Announcement
Windhof - October, 25th 2018
 
Sword Group - 2018 Third Quarter Results
Revenue: €48.6 M
Organic Growth at constant exchange rates and on a like-for-like basis: + 21.4%
 
CONSOLIDATED ACCOUNTS AT CONSTANT STANDARDS
 
Q3 (1) (2)
€M 2018 2017 Growth
Revenue 48.6 40.6 + 19.7%
EBITDA 7.1 6.4 + 10.9%
EBITDA Margin 14.7% 15.8 % -
Organic growth at constant exchange rates and on a like-for-like basis: + 21.4%
 
YTD (30/09) (1) (2)
€M 2018 2017 Growth
Revenue 146.7 127.2 + 15.3%
EBITDA 21.7 19.7 + 10.2%
EBITDA Margin 14.8% 15.5% -
 
Organic growth at constant exchange rates and on a like-for-like basis: + 18.0%
 
CONSOLIDATED ACCOUNTS AFTER TAKING ACCOUNT OF THE IFRS 15 IMPACTS

2018 (1) (2)
€M YTD 2018 (30/09) H1-2018
Revenue 143.9 96.4
EBITDA 21.1 14.3
EBITDA Margin 14.7% 14.8%

Organic growth at constant exchange rates and on a like-for-like basis: + 20.3%
 
(1) non-audited figures
(2) percentages calculated based on the figures in €K
 
ANALYSIS
 
Growth and Profitability
 
The Group continues to outperform its budget in the third quarter and
achieves its objectives despite the sale of its subsidiary Sword Performance.
 
The distribution of the organic growth (September 30th, 2018) at constant
exchange rates and on a like-for-like basis, in sectorial terms, is as follows:
 
Constant standards:
Software: + 7.8 %
Services: + 21.9%
Consolidated: + 18.0%
 
IFRS 15 standards:
After taking account of the IFRS 15 impacts, the distribution of the organic
growth (September 30th, 2018) at constant exchange rates in sectorial terms is as follows:
Software: + 16.1%
Services: + 21.9%
Consolidated: + 20.3%
 
POST-CLOSURE EVENT
The Group sold to Sopra Steria Group, its subsidiary specialized in Asset
Finance Solutions. This sale was the subject of a communication dated
October 23th, 2018.
 
OUTLOOK
The Group may eventually target larger acquisitions while taking care of the
accretive character of these acquisitions.
In addition, the Group will continue to generate a double-digit growth in 2019.
Sword's goal remains the success of its Horizon 2020 plan.
 
Calendar
24/01/19
Publication of 2018 Fourth Quarter Revenue

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 website.
 
Market
Euronext Paris
Compartment B
 
ISIN Code
FR0004180578
 
ICB 9530
Software &
Computer Services
 
Indices
CAC® Small
CAC® Mid & Small
CAC® All-Tradable
CAC® All-Share
 
Sword Group - 2, rue d'Arlon L-8399 Windhof - investorrelations@sword-group.lu
 
About Sword Group
Sword has 2 200+ 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 since 2000 acquired a solid reputation in software publishing and in complex IT & business project management.
With Sword you have the guarantee of strong close and qualified local commitment, the aim of which is to optimise your processes and data.




This announcement is distributed by West Corporation on behalf of West Corporation clients.
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

Complément d'information
Vos commentaires
Gagnez chaque mois un abonnement Premium avec GNT : Inscrivez-vous !
Suivre les commentaires
Poster un commentaire
Anonyme
Anonyme