Financial Announcement

Windhof - 2020, January, 27

Sword Group - 2019 Fourth Quarterly Results

Continuation of the Outperformance

Q4 Consolidated Revenue: €56.5 m

Q4 Organic Growth: + 18.1%

2019 Consolidated Revenue: €213.2 m

2019 Organic Growth: + 20.7%

ANALYSIS

During 2019, Sword Group's perimeterwas globallystable. Onlythe acquisition of DataCo, completed in November, modified the perimeter.

In relation to the 2019 budget that forecasted organic growth of 12%, the Group largely outperformed during all four quarters.

The breakdown of organic growth at constant exchange rates is as follows: Software: + 20.3% Services : + 20.8% Total : + 20.7%

Consolidated Revenue:

EBITDA Margin:

€213.2 m

13.4%

YTD - 2019

Organic Growth at constant exchange rates:

+ 20.7%

Non audited Figures

Percentages calculated in €k

CONSOLIDATED ACCOUNTS

Year (1)

€m

2019 (2) (3)

2018

Growth

Revenue

213.2

171.4

+ 24.4%

EBITDA

28.6

20.1

+ 42.1%

EBITDA Margin

13.4%

11.8%

-

  1. Percentages calculated based on the figures in €K
  2. Taking into account the impact of IFRS 16
  3. Non audited figures

2020 OUTLOOK

These different elements enable Sword Group to envisage organic growth of 12% with an EBITDA margin of 13% for 2020.

This growth is confirmed by the size and quality of the Group's backlog.

[Methodological Note]

Regarding the definition of the alternative performance indicators mentioned above, their justification and their calculation methods, please refer to the relevant methodological note (paragraph 10 of the Annual Financial Report for 2018, Management Report, Pages 28 and 29) as published in the Annual Report ending on 31st December 2018. To access the Annual Report, please click HERE.

The press release will be published on the web sites here after: Thomson Reuters and Sword Group. It was also sent to the "Commission de Surveillance du Secteur Financier (CSSF)" and saved on the Luxembourg Stock Exchange's website.

Agenda

12/03/20

FY 2019 presentation meeting in Paris, 10 am Centre Arpège Trocadéro

23/04/20

Publication of

Q1 2020 Results

28/04/20

2019 Annual Shareholders Meeting

Sword Group

Sword has 2,200+ 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 since

2000 acquired a solid reputation in software publishing and in complex IT & business project management.

With Sword you have the guarantee of strong close and qualified local commitment, the aim of which is to optimise your processes and data.

Market

ICB 9530

ISIN Code

Indices

sword-group.com

Euronext Paris

Software &

FR0004180578

CAC® Small

CAC® All-Tradable

Compartment B

Computer Services

CAC® Mid & Small

CAC® All-Share

Sword Group - 2, rue d'Arlon L-8399Windhof - investorrelations@sword-group.lu

Attachments

  • Original document
  • Permalink

Disclaimer

Sword Group SE published this content on 27 January 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 January 2020 19:09:06 UTC