Linedata has announced annual results in line with its expectations, with organic sales growth of almost 2% and robust profitability indicators (EBITDA above 50 ME and net margin above 15%). In 2022, the Group posted sales of 172.7 ME, up 7.8% on a reported basis.

As announced, the 2022 financial year saw the start-up of an active recruitment policy and the resumption of certain expenses put on hold during the health crisis. As a result, EBITDA is down slightly (margin rate at 29.3% vs. 32.9% in 2021).

Operating income came to MEUR 34.1, down MEUR 4.3. Net financial expense came to MEUR 1.3, compared with MEUR 0.2 the previous year.

After taking into account a tax charge of MEUR 9.0, net income came to MEUR 26.5, giving a net margin of 15.3%.

Earnings per share (EPS) came to E4.30 in 2022, compared with E4.42 in 2021. On the basis of ordinary shares outstanding at the end of the year, net income comes to E5.33. A dividend of E1.75 per share will be proposed at the next Annual General Meeting.

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