Sword Group: FY2020 Results - 2021 Objectives: Organic Growth: +13% - EBITDA Margin: 13%
Sword Group | Confirmation of the Performance Announced on 25 January
2021 Perimeter | 2020 Organic Growth: +9.2% - 2020 EBITDA Margin: 14.0%
2021 Objectives | Organic Growth: +13% - EBITDA Margin: 13%
2020 Consolidated Revenue: €212.5 m
2020 Revenue from the 2021 perimeter: €169.2 m
The variations in the Sword Group perimeter in 2020 may be summarised as follows:
- Disposal of the Group’s French activities,
- Acquisition of Codify in the UK and of Lemonade Software Development in Spain.
The company had a successful 2020 despite the Coronavirus crisis thanks to:
- Its presence on markets spared by the crisis, such as the European Union for example,
- Its high added-value expertise on markets that generate high volumes of business, such as Oil & Gas,
- Its leading positions in technological niches.
With a strong net cash position (€105.8 m (i)), the Group has the wherewithal to pursue with its dividend policy, to envisage buoyant organic growth, to finance new initiatives and to make acquisitions, if the valuations make it possible.
(i) This cash is calculated according to the previous standards. In IFRS 16 and without taking into account the hypothetical capital gains from the buyback of shares in the subsidiaries, the cash position amounts to €98 m.
THE DIVIDENDS POLICY
2020 is a year that generated exceptional profits. For this reason, the Board of Directors will propose to the General Meeting to set the dividend amount for 2020 at €7.2 per share.
Given that an advance payment of €2.4 per share was made in September 2020, an additional €4.8 per share will be distributed in May 2021, on condition that it is approved by the General Meeting on 28 April 2021.
THE OUTLOOK FOR 2021-2024
Sword Group plans double digit annual organic growth combined with an EBITDA margin of 13%.
The full business plan is available for consultation on the Sword Group Web site.
About Sword Group
Sword has 1,900+ 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.
Sword Group - 2, rue d’Arlon L-8399 Windhof - firstname.lastname@example.org
Subscribe to releases from Globenewswire
Subscribe to all the latest releases from Globenewswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Globenewswire
TigerGraph, Inc.8.4.2021 15:01:29 CEST | Press release
TigerGraph’s Graph + AI Summit 2021 to Feature 40+ Sessions, Live Workshops and Speakers from JPMorgan Chase, NewDay, Pinterest, Jaguar Land Rover and More
Agillic A/S7.4.2021 09:01:28 CEST | Press release
Agillic launches a new fast and advanced SMS editor to help clients deliver personalised SMS experiences
TigerGraph, Inc.30.3.2021 15:29:56 CEST | Press release
Technical University of Denmark uses TigerGraph to help find more effective treatments for acute lymphoblastic leukemia
Møns Bank A/S26.3.2021 07:03:33 CET | Pressemeddelelse
Indkaldelse til ekstraordinær generalforsamling 19. april 2021
Sika AG26.3.2021 07:02:09 CET | Press release
SIKA ACQUIRES FLOORING ADHESIVES BUSINESS IN THE USA
Arcadis N.V.26.3.2021 07:01:59 CET | Press release
Arcadis reports transactions under its current share buyback program
Terranet26.3.2021 07:01:48 CET | Press release
Warrants of series (2020:2) TO2 B we subscribed to approximately 94.9 percent and TerraNet Holding AB receives approximately SEK 38.3 million
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.Visit our pressroom