• Sword Group: 2021 Fourth Quarterly Results | Exceptional Profitability

    Source: Nasdaq GlobeNewswire / 25 Jan 2022 12:15:00   America/Chicago

    2021 Fourth Quarterly Results
    Consolidated Revenue: €59.7m
    Consolidated Growth: +31.8%
    Organic Growth: +21.9%
    EBITDA Margin: 15.0%


    RESULTS

    4TH QUARTER 2021

    Q4 (1)
    €m 2021 2020
    Revenue 59.7 45.3
    EBITDA 9.0 7.6
    EBITDA Margin 15.0% 13.0%

    (1) non audited figures
    Organic growth on a like-for-like basis and at constant exchange rates: +21.9%.

    YEAR 2021
    Consolidated Revenue: €214.6m
    Organic Growth: +21.5%
    EBITDA Margin: 13.6%
    ANALYSIS
    The Revenue for the Fourth Quarter of 2021 amounts to €59.7m in consolidated terms and to €55.2m without taking into account the acquisition of AiM, added to the perimeter on 1 July 2021.
    The EBITDA margin for the quarter amounts to 15.0% and organic growth to +21.9%.
    For 2021, the consolidated revenue amounts to €214.6m with an EBITDA margin of 13.6%. Organic growth for the year amounts to +21.5%.
    The Group established its 2021 Business Plan based on an organic growth hypothesis of 13%. Sword outperformed in terms of growth while maintaining and even exceeding its profitability targets.
    The Software division shows an increase of +20% for 2021 and the Services division is up +21.7%.
    The net cash position, former standards, excluding all the IFRS16 reprocessing, amounts to €55m on 31/12/2021.


    HIGHLIGHTS FOR THE QUARTER

    The exceptionally high organic growth comes among other things from the success of the additional objectives specified in the business plan.

    An exceptional R&D plan: increase according to our forecasts, Recognition of the value of Sword GRC by the analysts: for example: Magic Quadrant Knowledge Solutions,

    Successful penetration in the U.S. in the Services sector: success of the division established in Houston,

    Acquisition: successful integration of AiM in Switzerland.

    OUTLOOK FOR 2022

    The Group will outperform in 2022 and plans organic growth of 15%, 2 points higher than the 2025 Business Plan.


    About Sword Group

    Sword has 2,300+ 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.


    Agenda

    10/03/22

    FY2021 annual results presentation meeting - Submit

    26/04/22

    2022 First Quarter Revenue

    Contact: investorrelations@sword-group.lu


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