Sword Group: Results for the Third Quarter 2022

Results for the Third Quarter 2022 | €67.9mOrganic Growth (i) | + 28.9%(i) on a like-for-like basis and at constant exchange ratesKEY FIGURESFor the third quarter of 2022, Consolidated Revenue amounts to €67.9m and the consolidated profitability (EBITDA margin) is 12.2 % or €8.3m.At 30 September, Consolidated Revenue is €199.9m with a Consolidated Profitability (EBITDA margin) of 12.8% or €25.5m.

THIRD QUARTER ACCOUNTS

Consolidated Q3 \| non audited figures
€m	2022 (2)	2021	Organic Growth (1)
Revenue	67.9	55.9	+ 28.9%
EBITDA	8.3	7.2	-
EBITDA margin	12.2%	12.8%	-

(1) on a like-for-like basis and at constant exchange rates.(2) no longer include the Revenue of Sword GRC, which was sold in April 2022.

ACCOUNTS AS AT 30 SEPTEMBER 2022

Consolidated YTD \| non audited figures
€m	2022 (2)	2021	Organic Growth (1)
Revenue	199.9	154.9	+ 26.3%
EBITDA	25.5	20.3	-
EBITDA margin	12.8%	13.1%	-

(1) on a like-for-like basis and at constant exchange rates.(2) including €6.5m of Revenue from Sword GRC, sold in April 2022.ANALYSISSuccessful acquisitions in 2021-2022, note that the acquisitions are all within the Group’s profitability standards and therefore have no impact on consolidated profitability.The 12.8% profitability in Q3 2021 was due to the consolidation of Sword GRC. Without this entity the 2022 profitability is similar to the 2021 profitability.The Revenue of €6.5m from Sword GRC, sold in 2022, is included in YTD Revenue. Without this company, YTD revenue is €193.4m and profitability is 12.2%.Clients needs remain strong and Sword continues to be recognised in its markets.2022 OUTLOOKFor 2022, The Group has revised its Revenue target to €260m.

Agenda25/01/232022 Q4 Revenue

2022 Annual Results Presentation Meeting 10am | Paris

About Sword Group

Sword has 2,500+ 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

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