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Sword Group : 2014 Second Quarterly Results - Outperformance Against Budget in Revenue, EBITDA, ...

July 24, 2014

Sword Group 2014 Second Quarterly Results Outperformance Against Budget - Revenue: €27.6 M - EBITDA: 15.9% - Organic Growth: +10.1% - Operational cash flow : +€11.2 M Sword Group Q2-2014 (1) Organic Growth: +10.1% EBITDA: €4.4 M (15.9%) Sword Group H1-2014 (1) Consolidated Revenue Growth: +14.0% Organic Growth: +7.8% EBITDA: €9.1 M (15.6%) Meeting for the presentation of the half-yearly accounts: September 9th at 10.00 am in Paris (1) non-audited figures Windhof - July 24th 2014, +--------------------------------+---------+---------+-----------+ |  €M - Consolidated Figures (1) | Q2-2014 | Q2-2013 | Variation | +--------------------------------+---------+---------+-----------+ | Revenue | 27.6 | 25.0 | +10.5% | +--------------------------------+---------+---------+-----------+ | Current Operating Profit | 3.9 | 3.2 | +20.7% | +--------------------------------+---------+---------+-----------+ +-----------------------------+---------+---------+-----------+ |  €M - Pro forma Figures (1) | Q2-2014 | Q2-2013 | Variation | +-----------------------------+---------+---------+-----------+ | Revenue | 27.6 | 25.1 | +10.1% | +-----------------------------+---------+---------+-----------+ +--------------------------------+---------+---------+ |  €M - Consolidated Figures (1) | H1-2014 | H1-2013 | +--------------------------------+---------+---------+ | Revenue | 58.2 | 51.1 | +--------------------------------+---------+---------+ | Current Operating Profit | 8.0 | 6.7 | +--------------------------------+---------+---------+ (1) non-audited figures ANALYSIS The consolidated financial performance for Q2-2014 has shown strong growth when compared with Q2-2013. The revenue has increased by 10.5% and the operating profit has increased by 20.7%. The pro forma revenue has also increased by 10.1% during Q2-2014 and 7.8% during H2-2014 when compared with the equivalent periods in 2013. The backlog position as at the 30th June 2014 on a like for like basis has increased by 6.8% to 18.9 months, compared to 17.7 months as at 31st December 2013. The net cash position as at the 30th June 2014 after payment of dividends and acquisitions made during H1-2014 is €39.2 M. The positive operating cash flow generated in H1 is + €11.2 M. OUTLOOK The group would like to take this opportunity to confirm that we are on line to meet all of our full year targets. Investor Relations investorrelations@sword-group.lu Sword Group 1 104 staff (30/06/2014) Euronext Paris - Compartment C ISIN Code : FR0004180578 ICB : 9530 Logiciels et Services Informatiques Indices CAC® Small CAC® Mid & Small CAC® All-Tradable CAC® All-Share © Sword Group SE 2, Rue d'Arlon L-8399 Windhof Luxembourg Sword Group 2014 Second Quarterly Results: http://hugin.info/143591/R/1837374/638667.pdf This announcement is distributed by GlobeNewswire on behalf of GlobeNewswire clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: SWORD Group via GlobeNewswire [HUG#1837374]


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