(AOF) – In 2023, Linedata’s net profit falls by 3.6% to 25.5 million euros, or a net margin of 13.9%. However, operating profit, at 37.9 million euros, increased more strongly by 11%, due in particular to a lower level of depreciation and provisions than the previous year and a drop in depreciation relating to fixed assets. property and rental contracts. Net profit per share shows 5.14 euros in 2023 compared to 4.30 euros in 2022, benefiting from the reduction in the number of securities forming the capital, following the OPRA of December 2022
In addition, Linedata achieved a turnover of 183.3 million euros in 2023, an increase of 6.1% compared to 2022. At constant scope and exchange rates, organic growth reached 6.2%. , driven by the good orientation of all Linedata businesses.
Thanks to the strong recurrence of its economic model and the good control of its costs, Linedata displays a solid Ebitda margin in 2023 at 29.1%, stable compared to the previous year. The group’s EBITDA stood at 53.3 million euros, an increase of 5.3% compared to 2022.
On the outlook side, Linedata indicates that it “will accelerate its commercial efforts in its target jurisdictions and continue its program of migrating its installed base to new software platforms in order to maintain a sustainable organic growth trajectory”.
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