Sword Group | Results for the First Quarter of 2023
26 Abril 2023 - 12:05PM
Sword Group | Results for the First Quarter of 2023
Q1 2023Consolidated Revenue: €72.0mOrganic Growth: +22.2%
(i)EBITDA Margin: 12.0%(i) on a like-for-like basis and at constant
exchange rates.
KEY FIGURESThe consolidated revenue for the first quarter of
2023 is €72.0m, up 22.2% at constant scope and exchange
rates.Profitability (EBITDA margin) is 12.0% or €8.6m.
Q1 2023 ACCOUNTS
|
|
Q1 | non audited figures |
|
€m |
2023 |
2022 (ii) |
ConsolidatedGrowth |
|
Revenue |
72.0 |
58.6 |
+22.9% |
|
EBITDA |
8.6 |
7.0 |
+ 22.8% |
|
EBITDA Margin |
12.0% |
12.0% |
- |
(ii) does not include the revenue of Sword GRC, which was sold
in April 2022.
ANALYSISIn the first quarter of 2023, all the Group’s divisions
show organic growth above budget.The backlog increases from 20.1
months at the end of December 2022 to 20.8 months at the end of
March 2023. This improvement confirms our annual growth targets.The
results of our latest integration, Ping Network Solutions, in March
2022, are excellent and confirm the accretiveness of this
acquisition.
OUTLOOK FOR 2023The Group will continue its organic growth
strategy while maintaining stable profitability.The 2023 budget
foresees an organic growth of 15%.
Agenda
28/04/23 | Annual Shareholders Meeting 2022 Accounts20/07/23 |
2023 Second Quarter Revenue
Sword has 3,000+
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_Q12023 Results 26042023
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