(Boursier.com) — Linedata achieved a turnover of €87.5 million in the first half of 2023, an increase of 5.5% based on published data.
The increase at constant scope and exchange rates stands at 3.9%, amplifying the organic growth of 1.9% observed for the whole of 2022.
EBITDA stood at 21.2 ME, or 24.2% of turnover, compared to 22.7 ME, or 27.4% of turnover, for the same period of the previous year.
Personnel costs amounted to 43.9 ME, an increase of 3.4 ME.
Operating profit stood at €13.7 million, down 6.3% compared to the first half of 2022.
The net result stands at 8.5 ME vs. 12.3 ME.
Equity is stable at 99.2 ME at the end of June 2023 compared to 99 ME at the end of December 2022.
Net debt reached 77.8 ME and represents 1.7 times consolidated rolling 12-month EBITDA excluding IFRS 16 effect.
Linedata anticipates continued organic growth of its business and an improvement in its profitability in the second half.
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