CORRECTION: Sword Group: 2015: Confirmation of the financial results as announced on the 25th January 2016 - Organic Growth: ...
March 14 2016 - 12:37PM
This is
a correction of the announcement from 08:38 08.03.2016 CET. Reason
for the correction:
2015: Confirmation of the
financial results as announced
on the 25th January 2016
Organic Growth: +22.5%
EBITDA margin: 15.7%
2016: Budgeted Organic Growth:
+15.0%
Windhof - March 7th 2016,
| Consolidated
Results |
| €M |
2015 |
2014 |
Growth |
| Revenue |
137.6 |
117.1 |
+17.5% |
| EBITDA |
21.6 |
18.9 |
+14.3% |
| EBITDA Margin |
15.7 % |
16.1 % |
- |
ANALYSIS
FY2015 Growth
Organic Growth for 2015 on a
like-for-like basis amounts to + 22.5 %.
In sectorial terms, the growth for each
of the divisions is:
- Software: + 28.7%
- Services: + 19.5%
After adjustment for exchange rate
fluctuations, growth for 2015 amounts to 15.1% and
per division, the rates are respectively:
- Software: + 18.4%
- Services: + 13.6%
The 2015 forecasted growth was 12%. The
annual outperformance is 3.1 points.
EVENTS CONCERNING THE PERIMETER
During the first part of the year, a
few minor adjustments, were made to the perimeter through
the sale of assets not within the scope
of Sword's long-term strategy.
2 entities were sold to their
Management:
- Kenzan, on 1 July,
- A Charteris Business Unit, on 1
August.
Their cumulated revenue, budgeted for
2015, amounted to €4.7 million.
As of 1 December 2015, the AAA company,
specialised in managed services, outsourced
projects and recruitment, was
consolidated. Its annual revenue calculated at current
exchange
rates amounts to €10.8 M.
Accordingly, the FY2015 pro forma
revenue, calculated using the 1st March 2016 exchange
rates and based on the perimeter of
January 2016 1st, is €141 M.
OUTLOOK
The Group expects a 2016 organic
growth, at constant exchange rates, of 15% with an
EBITDA margin of 15%.
Dividends proposed to the General
Meeting of 28 April 2016: €1.2
Investor Relations
e
investorrelations@sword-group.lu
Sword Group
1 400+ staff
Listed on Euronext Paris - Compartment
B
ISIN Code: FR0004180578
ICB: 9530 Logiciels et Services
Informatiques
Indices:
CAC® Small
CAC® Mid & Small
CAC® All-Tradable
CAC® All-Share
About Sword Group
Sword Group is an international
Consulting, Service and Software
Company driving global leaders in their
digital & technology
transformation.
Created in November 2000, the group has
a current headcount
of 1,400+ staff (31/12/2015) operating
in more than 50 countries.
Sword generates €137.6m in consolidated
revenue in 2015.
Sword offers its customers
comprehensive and integrated
responses, on both the strategic
approach and the execution.
In order to meet the strategic
challenges of its clients, the
adaptation demands of their information
systems and the
evolution needs of their business
processes, Sword is organised
around specialised competence centres.
The group guarantees to
customers the provision of proximity
services, high-added value
know-how, high production capacity and
optimised economic
approaches.
The 5 main areas of activity of the
Group:
Sword Consulting advises CXOs in their
strategy and through
accomplishment
Sword Services enables new technologies
within complex
Business & IT landscapes
Sword Digital accelerates companies'
internal & external
digitalization programs
Sword Performance enables customers to
manage IT Performance
Sword Software provides global
solutions in asset finance and
GRC
More information on
www.sword-group.com
Sword Group 2015 Results
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX 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
HUG#1993935
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