Sword Group is working on a strategic plan for the transition and integration of
Artificial Intelligence into its activities.
In response to the challenge posed by AI, Sword will adapt its development to
the changes that this technology will generate.
The sale of AAA, a specialist recruitment and staffing company based in
Aberdeen, Scotland, with annual revenue of EUR26m (2022) is part of the 1st phase
of this plan.
This company will be deconsolidated from the PnL as of 31 May 2023.
AAA's profitability is in line with its market value. Consequently, this
disposal will increase the Group's profitability.
The profitability target (EBITDA margin) is raised by around 1 percentage point
as of 1st July 2023, to 13%.
In gross value figures, the 2023 EBITDA target remains unchanged at EUR36m.
This change in scope will also have a positive impact on the Group's organic
growth rate.
This plan, based on agility and the rapid evolution of technologies, will be
presented in the 2nd half of 2023.
Agenda
20/07/23
2023 Second Quarter Revenue
07/09/23
2023 Half Year Results Presentation Meeting, 10am, Paris, Registration
(https://www.sword-group.com/2023/06/06/sfaf-meeting-presentation-of-h12023-
results/)
About Sword Group
Sword has 3,000+ IT/Digital specialists
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.
Sword Group - 2, rue d'Arlon L-8399 Windhof - investorrelations@sword-group.lu
(mailto:investorrelations@sword-group.lu)
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