Sword Group | Results for the Third Quarter of 2023
Consolidated Revenue: EUR70.6m
Organic Growth: +16.0 % (i)
EBITDA Margin: 12.1 %
(i) on a like-for-like basis and at constant exchange rates
KEY FIGURES
For the third quarter of 2023, consolidated revenue is EUR70.6m and EBITDA margin
is 12.1%, or EUR8.5m.
At 30 September, consolidated revenue is EUR216.7m, with an EBITDA margin of
12.1%, or EUR26.3m. Revenue excluding AAA is EUR210.2m, and profitability is 12.4%.
Q3 2023 ACCOUNTS
Q3 | non audited Figures
+---------------+-------+-------+----------------+

| EURm            |       |       | Organic Growth |
|               | 2023  |  2022 |      (i)       |

+---------------+-------+-------+----------------+
| Revenue | 70.6 | 67.9 | +16.0% |
+---------------+-------+-------+----------------+
| EBITDA | 8.5 | 8.3 | - |
+---------------+-------+-------+----------------+
| EBITDA Margin | 12.1% | 12.2% | - |
+---------------+-------+-------+----------------+
ACCOUNTS AS AT 30 SEPTEMBER 2023
YTD | Non audited Figures
+---------------+-------+----------+-------+--------------------+

| EURm            |       | 2023 AAA |       |                    |
|               | 2023  | excluded | 2022  | Organic Growth (i) |

+---------------+-------+----------+-------+--------------------+
| Revenue | 216.7 | 210.2 | 193.4 | +21.4% |
+---------------+-------+----------+-------+--------------------+
| EBITDA | 26.3 | 26.0 | 23.6 | - |
+---------------+-------+----------+-------+--------------------+
| EBITDA Margin | 12.1% | 12.4% | 12.2% | - |
+---------------+-------+----------+-------+--------------------+
(i) on a like-for-like basis and at constant exchange rates
ANALYSIS
The quarter's performance is better than budgeted, as it is a perfect
continuation of the previous quarters, apart from the ups and downs of paid
holidays.
OUTLOOK
Excluding AAA, 2023 full-year revenue will be higher than the annual target of
EUR280 million, closer to EUR282 million.
On this basis, organic growth for the year will exceed 18% and therefore
significantly above budget.
As already mentioned during our last meeting, the Business Plan for the next 3
years forecasts organic growth of between 13% and 15%.
AGENDA
Join us for the Annual Financial Meeting on 7 March in Paris Register here
(https://www.sword-group.com/2023/10/16/sfaf-meeting-presentation-of-fy2023-
results/).
Agenda
25/01/24
Publication of Q4 Revenue 2023
07/03/24
2023 Annual Results Presentation Meeting 10am | Paris
Sword Group
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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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