GLOG Global Graphics S.A.

Hybrid Software Group PLC: Financial reporting calendar 2024

Hybrid Software Group PLC: Financial reporting calendar 2024

PRESS RELEASE

Financial reporting calendar 2024

Cambridge (UK) 13 December 2023 (08.00 CEST) – Hybrid Software Group PLC (Euronext: HYSG) plans to publish the following financial information before market opening on the following dates:

DatePublication
22 March 2024Annual report and accounts for the year ending 31 December 2023
2 May 2024Quarterly trading update for the quarter ending 31 March 2024
25 July 2024Condensed consolidated financial statements for the six months ending 30 June 2024
24 October 2024Quarterly trading update for the quarter and nine months ending 30 September 2024

Quarterly trading updates will include unaudited, condensed financial information primarily focused on providing information about revenue and EBITDA across the Group’s operating segments.

Annual General Meeting

The Company expects to hold its annual general meeting on Wednesday 8 May 2024. The meeting’s timing, venue, and final agenda will be provided in accordance with applicable legal and regulatory provisions.

About Hybrid Software Group

Through its operating subsidiaries. (Euronext:) is a leading developer of enterprise software for industrial print manufacturing. Customers include press manufacturers such as HP. Canon. Durst. Roland. Hymmen. and hundreds of packaging printers. trade shops. and converters worldwide.

Hybrid Software Group PLC is headquartered in Cambridge UK. Its subsidiary companies are colour technology experts . printing software developers . enterprise software developer . 3D design and modelling software developers . the industrial printhead driver solutions specialists. and pre-press workflow developer .

Contacts

Floris De RuyckJoachim Van Hemelen
Legal Counsel & Investor Relations OfficerChief Financial Officer
Tel: +32 (0) 9 329 57 53Tel: +32 (0) 9 329 57 53
Email: Email:



EN
13/12/2023

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Global Graphics S.A.

Thomas Couvreur
  • Thomas Couvreur

Hybrid Software Group 1Q25 trading update: Weak Printing Software reve...

Printing Software saw a tough reference period with a large 5-year contract signed in 1Q24. However a 55% revenue decline is significantly worse than we expected. Printing Software revenues are lumpy, so potential for a catch up in the remainder of the year. In the other segments strong Printhead Solutions compensates for slightly weaker Enterprise Software. Management remains positive on 2025, highlighting healthy sales funnels across all segments.

Thomas Couvreur
  • Thomas Couvreur

Hybrid Software Group Goodwill impairments offset profitability improv...

HYSG reported top-line growth for FY24, but below our expectations. 6.2m of goodwill impairments, mainly on the Labels & Packaging business, results in a net loss for the year. HYSG has made profitability improvements, which will continue into FY25. Although our gross profit expectations going forward seem too ambitious, increased profitability could compensate. HYSG now also has a 3m net cash position that could be leveraged further to generation additional value, beyond the ongoing 1m SBB. We...

Thomas Couvreur
  • Thomas Couvreur

Hybrid Software Group A €1 million share buyback announced

Hybrid Software Group announced a €1m share buyback as it believes the current share price is not reflecting the intrinsic value of the company. We fully follow this reasoning, given the 33% upside to our target price.

Thomas Couvreur
  • Thomas Couvreur

Hybrid Software Group Weaker 3Q24 than expected; Drupa effect not (yet...

Hybrid Software Group's 3Q24 results are weaker than expected both in top & bottom line. Coming from a strong 1H24 combined with an expected order uptick from the Drupa exhibition, flat revenues YoY are a surprise. We maintain our recommendation and TP for now, though do see some additional downside risk to our case.

Hilde Van Boxstael ... (+6)
  • Hilde Van Boxstael
  • Michiel Declercq
  • Thibault Leneeuw
  • Thomas Couvreur
  • Thomas Vranken
  • Wim Lewi

ResearchPool Subscriptions

Get the most out of your insights

Get in touch