Sword Group
Results for the Second Quarter of 2021
Outperformance in terms of organic growth: +24.7%
RESULTS
SECOND QUARTER 2021
Consolidated Revenue: €51.5 million
Organic Growth on a like-for-like basis and at constant exchange rates: +24.7%
Profitability (EBITDA Margin): 12.9%
FIRST SEMESTER 2021
Consolidated Revenue: €98.9 million
Organic Growth on a like-for-like basis and at constant exchange rates: +20.9%
Profitability (EBITDA Margin): 13.3%
1ST SEMESTER ACCOUNTS
| H1 (1) | ||
| €m | 2021 | 2020 (2) |
| Revenue | 98.9 | 81.8 |
| EBITDA | 13.2 | 10.6 |
| EBITDA margin | 13.3% | 13.0% |
(1) Non-audited figures - (2) 2020 figures from the 2021 perimeter adjusted with the exchange rate variation
ANALYSIS
In the first half of 2021, the Group achieved organic growth of +20.9% in relation to a budget of 13%, and showed profitability of 13.3% in relation to a budget of 13%.
This outperformance concerns all the entities of the Group and illustrates an extremely robust backlog. The very Large Account positioning of the Group explains these excellent dynamics.
The R&D initiative managed by Sword GRC is an alternative to the Group's acquisition policy. The plan must hence pave the way for significant outperformance in relation to the Business Plan presented on 25 January last.
POST-CLOSURE EVENTS
The integration of the Swiss company AiM, acquired on 20 July last, is in the course of completion according to our plans.
2021 OUTLOOK
The Group will outperform in 2021 in relation to the targets budgeted.
Agenda
09/09/21: Meeting to present the Half-Yearly Results for 2021 at 10:00am
25/10/21: Publication of Q3 2021 Results
About Sword Group
Sword has 2,000+ 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
Attachment
- SwordGroup_Q22021 Results 28072021 UK (https://ml-eu.globenewswire.com/Resource/Download/b78d1f0f-b7c6-485f-a358-86ce5034a2df)
