Anzeige
Mehr »
Login
Freitag, 11.10.2024 Börsentäglich über 12.000 News von 676 internationalen Medien
Die Multimilliarden-Dollar-Fonds, die auf NexGold Mining setzen - Was wissen sie?
Anzeige

Indizes

Kurs

%
News
24 h / 7 T
Aufrufe
7 Tage

Aktien

Kurs

%
News
24 h / 7 T
Aufrufe
7 Tage

Xetra-Orderbuch

Fonds

Kurs

%

Devisen

Kurs

%

Rohstoffe

Kurs

%

Themen

Kurs

%

Erweiterte Suche

WKN: 938367 | ISIN: FR0004156297 | Ticker-Symbol: LN4
Frankfurt
11.10.24
09:03 Uhr
79,40 Euro
+0,80
+1,02 %
Branche
IT-Dienstleistungen
Aktienmarkt
Sonstige
1-Jahres-Chart
LINEDATA SERVICES SA Chart 1 Jahr
5-Tage-Chart
LINEDATA SERVICES SA 5-Tage-Chart
RealtimeGeldBriefZeit
76,8078,0022:58
Dow Jones News
409 Leser
Artikel bewerten:
(2)

Linedata Services: Full-year 2023 results Revenue growth: +6.1% EBITDA margin: 29.1% of revenue

DJ Linedata Services: Full-year 2023 results Revenue growth: +6.1% EBITDA margin: 29.1% of revenue

Linedata Services 
Linedata Services: Full-year 2023 results Revenue growth: +6.1% EBITDA margin: 29.1% of revenue 
13-Feb-2024 / 17:45 CET/CEST 
Dissemination of a French Regulatory News, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
=---------------------------------------------------------------------------------------------------------------------- 
 
Full-year 2023 results 
Revenue growth: +6.1% 
EBITDA margin: 29.1% of revenue 
 
        2022 2023 Change 
REVENUE    172.7 183.3 +6.1% 
              +5.3% 
EBITDA     50.7 53.3 
              -0.2 pt 
% of revenue  29.3% 29.1% 
 
              +11.0% 
EBIT      34.1 37.9 
              +0.9 pt 
% of revenue  19.8% 20.7% 
 
              -3.6% 
NET PROFIT   26.5 25.5 
              -1.4 pt 
% of revenue  15.3% 13.9% 
 

Rounded, unaudited figures

Neuilly-sur-Seine, February 13th, 2024 - Linedata (LIN:FP), the global solutions and outsourcing services provider for asset management and credit finance industries, announces strong full-year results, with sustained organic growth and increased operating profitability.

In 2023, the Group generated revenue of EUR183.3m, up 6.1% compared to 2022. At constant structure and exchange rates, organic growth was 6.2%, driven by solid momentum in all Linedata businesses.

Thanks to its highly recurrent business model and tight cost control, Linedata reports a solid EBITDA margin of 29.1% in 2023, stable compared with the previous financial year.

EBITDA margin   2022 2023 
Asset Management  26.8% 27.1% 
Lending & Leasing 34.7% 33.2% 
Total       29.3% 29.1% 

Asset Management

Once again in 2023, the Services business substantially contributed to growth in the Asset Management segment. Its revenue amounted to EUR122.1m, representing organic growth of 6.1%. As a result of the fall of the main currencies against the euro in 2023, the increase in reported terms is limited to 3.9%. EBITDA totalled EUR33.0m, representing a slightly improved margin of 27.1%.

Lending & Leasing

The Lending & Leasing segment accelerated its growth in the final quarter (+22.0%), driven by the signing of a significant contract with a leading car manufacturer. Revenue amounted to EUR61.2m, an increase of 10.9% in reported terms. EBITDA totalled EUR20.3m, or 33.2% of revenue. Excluding exchange rate effects and the acquisition of Audaxys, revenue was up 6.4%, and the EBITDA margin was stable compared with the previous year at 34.7%.

Analysis of results

Group EBITDA came in at EUR53.3m, up 5.3% compared with 2022. In an inflationary context, Linedata has implemented higher-than-usual salary increases to maintain its human capital and has also turned to external subcontracting to support the growth of its services. Conversely, the company recorded a higher level of perpetual licences and benefited from the development of its centres of excellence. The EBITDA margin came in at 29.1% of revenue, virtually unchanged from the previous year.

Operating profit, at EUR37.9m, increased by a more substantial 11.0%, thanks to a lower level of depreciation and provisions than in the previous year and to a reduction in depreciation relating to property, plant and equipment leases.

Financial income totalled -EUR4.3m, compared with +EUR1.3m the previous year, a difference of EUR5.6m. On the one hand, the cost of net financial debt rose by EUR2.6m due to the increase in the average loans outstanding and the rise in interest rates. On the other hand, the drop in the Group's main currencies led to a foreign exchange result of virtually nil in 2023, compared with foreign exchange income of EUR3.1m in 2022.

After factoring in a tax burden of EUR8.0m, net profit came to EUR25.5m, giving a net margin of 13.9%.

Earnings per share (EPS) reached EUR5.14 in 2023 vs. EUR4.30 in 2022, benefiting from the drop in the number of shares in issue following the share buyback offer in December 2022.

Balance sheet analysis

On December 31, 2023, the share capital stood at EUR113.0m vs. EUR99.0m on December 31, 2022.

Net debt* stood at EUR75.4m, or 1.5x consolidated EBITDA 2023 excluding the impact of IFRS 16.

Dividend

A dividend of EUR1.75 will be proposed at the next Annual General Meeting.

Outlook

Linedata will step up its sales efforts in its target jurisdictions and continue to migrate its installed base to the new software platforms in order to maintain a sustainable organic growth trajectory.

Next communication: Q1 2024 revenue on April 23, 2024 after trading.

*excluding IFRS 16 lease liabilities but including the property lease portfolio

ABOUT LINEDATA

With 25 years' experience and 700+ clients in 50 countries, Linedata's 1200 employees in 20 offices provide global humanized technology solutions and services for the asset management and credit industries that help its clients to evolve and to operate at the highest levels.

Headquartered in France, Linedata achieved revenues of EUR 183.3 million in 2023 and is listed on Euronext Paris compartment B FR0004156297-LIN - Reuters LDSV.PA - Bloomberg LIN:FP

www.linedata.com

Linedata          Cap Value 
Finance Department     Financial communication 
+33 (0)1 73 43 70 28    +33 (0)1 80 81 50 00 
infofinances@linedata.com info@capvalue.fr 
              www.capvalue.fr 

-----------------------------------------------------------------------------------------------------------------------

Regulatory filing PDF file File: Communiqué de Presse_RA_GB_VF

=---------------------------------------------------------------------- 
Language:    English 
Company:     Linedata Services 
         27 rue d'Orléans 
         92 200 Neuilly-sur-Seine 
         France 
Internet:    www.linedata.com 
ISIN:      FR0004156297 
Euronext Ticker: LIN 
AMF Category:  Inside information / News release on accounts, results 
EQS News ID:   1836477 
 
End of Announcement EQS News Service 
=------------------------------------------------------------------------------------ 

1836477 13-Feb-2024 CET/CEST

Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1836477&application_name=news

(END) Dow Jones Newswires

February 13, 2024 11:45 ET (16:45 GMT)

© 2024 Dow Jones News
Sondersituation: Vervielfachungschance bei diesen Goldaktien

Der Goldpreis haussiert und schwingt sich von Hoch zu Hoch. Getrieben von geopolitischen Unsicherheiten sowie der Aussicht auf eine lockere Geldpolitik der FED gehen Experten aktuell von weiter steigenden Notierungen bis sogar in den Bereich von 3.000 US-Dollar je Unze Gold aus.

Im Schatten des Basispreises notieren Goldproduzenten aus der zweiten Reihe sowie Explorationsunternehmen noch weit weg von ihren historischen Höchstständen entfernt und bieten dadurch erhebliches Aufholpotential.

In diesem kostenlosen Report geben wir Ihnen Favoriten an die Hand, die aufgrund von Sondersituation die Chance auf eine Kursvervielfachung besitzen.

Handeln Sie Jetzt!

Fordern Sie jetzt den brandneuen Spezialreport an und profitieren Sie von dem weiter steigenden Kurs des Edelmetalls.

Sichern Sie sich jetzt Ihren kostenfreien Report.

Werbehinweise: Die Billigung des Basisprospekts durch die BaFin ist nicht als ihre Befürwortung der angebotenen Wertpapiere zu verstehen. Wir empfehlen Interessenten und potenziellen Anlegern den Basisprospekt und die Endgültigen Bedingungen zu lesen, bevor sie eine Anlageentscheidung treffen, um sich möglichst umfassend zu informieren, insbesondere über die potenziellen Risiken und Chancen des Wertpapiers. Sie sind im Begriff, ein Produkt zu erwerben, das nicht einfach ist und schwer zu verstehen sein kann.