Financial Press Release
Windhof -
Consolidated Revenue: €55.1m
Organic Growth: +8.1%
EBITDA Margin: 13.1%
RESULTS
2020 THIRD QUARTER ACCOUNTS
Q3 | ||
€m | 2020 (1) | 2019 |
Revenue | 55.1 | 52.6 |
EBITDA | 7.2 | 6.9 |
EBITDA margin | 13.1% | 13.1% |
Organic growth: +8.1%
Organic growth for the quarter as calculated on the new perimeter (outside
Consolidated Revenue: €167.2m
Organic Growth: +6.7%
EBITDA margin: 13.1%
ACCOUNTS AS OF
YTD | ||
€m | 2020 (1) | 2019 |
Revenue | 167.2 | 156.7 |
EBITDA | 21.9 | 20.8 |
EBITDA margin | 13.1% | 13.3% |
Organic growth: +6.7%
YTD organic growth (30/09) as calculated on the new perimeter (outside
(1) non audited figures
ANALYSIS
In cumulative terms at the end of September (YTD), organic growth of the new scope
amounts to +8.8%, and is distributed as follows:
- Software: -9.3%
- Services : +11.3%
The Software division has declined, mainly due to the postponement of the licenses revenue that had been budgeted for the period, but the decline has slowed down in Q3, especially in the new perimeter outside
The Services division has reacted to the crisis in different ways depending on the country.
Three countries have more especially stood out:
-BeLux, which made up its backlog by the end of June in just one quarter, particularly thanks to the recovery in Tipik’s business (+20.6% in Q3 vs. +6.6% YTD),
-The
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OUTLOOK FOR 2020
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 since 2000 acquired a solid reputation in software publishing and in complex IT & business project management.
Sword optimises your processes and enhances your data.
Attachment
- SwordGroup_Q3 2020 Results FV 221020
© OMX, source