(Boursier.com) — The turnover for the 4th quarter of 2023 of Swordamounts to 71.5 ME and the consolidated profitability (EBITDA margin) is 12% or 8.5 ME.
As of December 31, the consolidated turnover was 288.1 ME, with a consolidated profitability (EBITDA margin) of 12.1% or 34.8 ME. Turnover without AAA is €281.6 million and profitability is 12.3%.
The net cash position including treasury shares, excluding IFRS standards, amounts to €32.6 million as of 12/31/2023.
The 4th quarter performance is in line with the budget which took into account the following elements:
– Anticipation of sustainable growth of between 13 and 15% per year until 2028,
– Start of major contracts in Switzerland and BeLux.
The 2023 performance is higher than the annual budget, which anticipated 15% and not 19% of organic growth.
Cash collection was significant in the 2nd half.
“By including treasury shares, we went from 15.8 ME as of 06/30/2023 to 32.6 ME as of December 31, 2023” underlines management.
OUTLOOK
The 2024-2028 Business Plan, which provides for constant profitability and growth above 13% per year, was the subject of a strategic plan which will be presented at the annual meeting (SFAF meeting) on March 7 in Paris.
Consequently, the Group forecasts a turnover of more than €316 million in 2024, excluding external growth.
03/07/24: Meeting to Present the 2023 Annual Results, 10 a.m., Paris
04/25/24: Publication of turnover for the 1st quarter of 2024.
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