Sword Group: Results for the Third Quarter of 2023
26 Oktober 2023 - 10:08AM
Sword Group: Results for the Third Quarter of 2023
Sword Group | Results for the Third Quarter of
2023Consolidated Revenue:
€70.6mOrganic Growth: +16.0 %
(i)EBITDA Margin: 12.1 %(i) on a
like-for-like basis and at constant exchange rates
KEY FIGURESFor the third quarter of 2023,
consolidated revenue is €70.6m and EBITDA margin is 12.1%, or
€8.5m.At 30 September, consolidated revenue is €216.7m, with an
EBITDA margin of 12.1%, or €26.3m. Revenue excluding AAA is
€210.2m, and profitability is 12.4%.
Q3 2023 ACCOUNTS
Q3 | non audited
Figures
€m |
2023 |
2022 |
Organic Growth(i) |
Revenue |
70.6 |
67.9 |
+16.0% |
EBITDA |
8.5 |
8.3 |
- |
EBITDA Margin |
12.1% |
12.2% |
- |
ACCOUNTS AS AT 30 SEPTEMBER
2023 YTD | Non audited
Figures
€m |
2023 |
2023 AAAexcluded |
2022 |
Organic Growth (i) |
Revenue |
216.7 |
210.2 |
193.4 |
+21.4% |
EBITDA |
26.3 |
26.0 |
23.6 |
- |
EBITDA Margin |
12.1% |
12.4% |
12.2% |
- |
(i) on a like-for-like basis and at constant
exchange rates
ANALYSISThe quarter’s performance is better
than budgeted, as it is a perfect continuation of the previous
quarters, apart from the ups and downs of paid holidays.
OUTLOOKExcluding AAA, 2023 full-year revenue
will be higher than the annual target of €280 million, closer to
€282 million.On this basis, organic growth for the year will exceed
18% and therefore significantly above budget.As already mentioned
during our last meeting, the Business Plan for the next 3 years
forecasts organic growth of between 13% and 15%.
AGENDAJoin us for the Annual Financial Meeting
on 7 March in Paris Register here.
Agenda25/01/24Publication of Q4 Revenue
202307/03/242023 Annual Results Presentation
Meeting 10am | ParisSword GroupSword has 2,900+ IT/Digital
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 complex IT & business project management.Sword
optimises your processes and enhances your
data.Contact: investorrelations@sword-group.lu
- SwordGroup_Results Q32023 FV25102023
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