Linedata posts organic growth of 1.9% in 2022 – 02/06/2023 at 17:59


(AOF) – Linedata achieved a turnover of 172.7 million euros in 2022, organic growth of 1.9%. “This is due to the dynamic activity of Services in Asset Management and the good performance of the Lending & Leasing segment”, commented the editor of global solutions and provider of outsourcing services for asset management professionals. , insurance and credit. In published data, the increase was 7.8% due to the favorable impact of the dollar.

Recurring revenue for the year amounted to 133.8 million euros and represents 77% of the total.

Order intake accelerated in the fourth quarter to reach 19.2 million euros, up 25.6%. Over the full year, the booking amounted to 62 million euros, compared to 59.4 million euros in 2021.

In an economic environment that remains uncertain, Linedata “is pursuing its objective of maintaining a level of activity in 2023 that allows it to deliver satisfactory profitability indicators”.

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