Sword Group : Solid Q4 results in a difficult context. Details on the road map out to 2024
>Q4 2020 results in line for the top line, above for the margin - Yesterday evening, Sword published its trading update for Q4 (see table no page 2). These results are in line for the top line, but above forecasts for profitability. Quarterly sales were € 45.3m (vs ODDO BHF € 45.1m), organic growth was 13% y-o-y, perfectly in line with our forecasts (-19.8% on reported data due to the divestment of activities in France in Q4). The Q4 EBITDA margin was 16.8% (vs ODDO B...Sword Group is a service company specializing in computer engineering, offering consulting and integration services to its customers. Co. is engagedin the implementation of innovative solutions that meet the strategic needs of its clients and adaptation requirements of their information systems. Co.'s business covers three main areas: IT Service, Solutions and Communication Technologies. In addition, Co. also provides Government Risk Management (GRC) solutions to its customers in the industries of energy, transportation, healthcare, insurance, banking, telecommunications, and international and governmental organizations. Co. offers two product lines and four solutions.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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