Sword Group: Disposal of Simalaya France

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Sword Group End of the reorganisation of Simalaya Reminder of the figures up to 30/09/2016: Consolidated revenue: €119.8 million EBITDA margin: 15.4% Organic growth at constant exchange rates: +17.8% Consult the Horizon 2020 plan here ...

Sword Group

End of the reorganisation of Simalaya

Reminder of the figures up to 30/09/2016:

Consolidated revenue: €119.8 million

EBITDA margin: 15.4%

Organic growth at constant exchange

rates: +17.8%

Consult the Horizon 2020 plan here

//bit.ly/2gWi8YL

Windhof - 13 December 2016

Sword Group increased its stake in Simalaya from 40% to 100% on 12 June 2015.

2016 has been dedicated to its integration and reorganisation.

This Swiss company also had a very small subsidiary in France dedicated to the Consultancy business (€2.3 million in revenue a year).

The company was sold to Colombus on 7 December 2016.

This disposal will not have any tangible effect on the expansion plan presented to the market in September 2016.

 

About Sword Group

SWORD has 1 500 IT/Digital & Software specialists present over five 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.

Above all, our ambition is to build sustainably and foster the loyalty of our staff, our clients and our partners by building on our values and our enthusiasm to accompany you throughout your projects.

The Group's performance enables us to invest in the R&D projects that contribute to our positioning and our differenciation on niche markets.

Thanks to its recognised competences in over 20 countries, Sword benefits from the trust of prestigious references such as: Admiral, Barclays Bank, BMW, the European Union, the National Payment and Trademark Offices, Lombard, Orange, the United Nations Organisation, etc.

Consulting and IT Services: SWORD commits for the most part to fixed-price contracts and operates with a network of competence centres (business units) in different specialised fields: Geographic Information Systems, ECM/EDM, corporate search engines, digital marketing, CRM, portals and corporate social networks, Data and Business Intelligence, Web and Mobile development, infrastructure and cloud, cyber security, performance and applications optimisation, desktop publishing and intellectual property.

Software: SWORD develops on demand product lines in the Risk and Compliance sectors (SWORD Active Risk and SWORD Achiever), Intellectual Property (SWORD Intellect), Health (SWORD Orizon), Desktop Publishing (SWORD Kami), Predictive Analysis (SWORD Insight) and Asset Finance (SWORD Apak).

To find more about on our expertise, join us on www.sword-group.com

 

e investorrelations@sword-group.lu

Sword Group

1 500+ staff

Listed on Euronext Paris - Compartment B

ISIN Code: FR0004180578

ICB : 9530 Software & Computer Services

Indices:

CAC® Small

CAC® Mid & Small

CAC® All-Tradable

CAC® All-Share

 




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions 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

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