(AOF) – Sword Group, present in software and IT services, has unveiled its results for the first half. This resulted in consolidated turnover of 146.1 million euros, up 10.6% against 132 million euros last year for the same period. Its Ebitda stands at 17.8 million euros against 17.2 million for a margin of 12.2% (against 13%). Société AAA, a recruitment company and subsidiary of the Group in Scotland, was deconsolidated from the operating account on June 1, 2023, in order to allow Sword to focus on its core business.
On the outlook side, the 2023 turnover target, without AAA, is 280 million euros and the associated profitability target of 12.5%, while financing for 1.2 million euros the creation of 2 Business Units specializing in AI (one in Barcelona, one in Glasgow).
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