The Group is making strategic acquisitions of 2 companies in Scotland
IACS, a CyberSecurity specialist based in Aberdeen
AAA, an Aberdeen-based company specialising in Artificial Intelligence
IACS, is a micro-company based in Aberdeen and specialising in the digital
security of industrial process control networks. It has developed expertise
applicable to all the sectors covered by Sword to date in terms of
CyberSecurity.
The company's revenue trend is EUR2.9 M per year and its EBITDA margin is 20%.
The organic growth rate for IACS, once integrated into Sword, is budgeted at
15% per year.
This company will be consolidated in the Group's accounts with effect from 1
July 2024.
AAA, a recruitment and staffing company based in Aberdeen, Scotland, was
partially sold on 1 June 2023. AAA has restructured its offering around
Artificial Intelligence using tools developed by Sword. The Group has therefore
decided to acquire this company on 2 April 2024.
This company has a revenue trend of EUR8 M per year and an EBITDA margin of 2%.
With the integration of Sword's Artificial Intelligence products, the EBITDA
margin target for 2025 has been raised to 9%, then 12% in 2026.
These 2 acquisitions will boost our expansion in the fields of Artificial
Intelligence and Cyber Security.
Agenda
18/07/24
2024 Second Quarter Revenue
11/09/24
Financial Meeting for the 1st half of 2024
About Sword Group
Sword has 3,000+ IT/Digital specialists active in 50+ countries 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 (mailto:investorrelations@sword-
group.lu)
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