Sword Group | Confirmation of 2023 Annual Performance – Reassessment of organic growth outlook 2024 – 2028


Consolidated Revenue: €281.6m (i)
Organic Growth: +19% (i)
EBITDA Margin: 12.3% (i)
(i) on a like-for-like basis and at constant exchange rates (excluding AAA)


Our organic growth for 2023 exceeded our budget forecasts by four percentage points, a significant result which reflects our dynamic expansion. Initially projected at 15%, our organic growth reached 19% (i).


During the second half of the year, our cash collection was particularly strong. Taking into account our portfolio of treasury shares, our cash position increased significantly, from €15.8 million at 30 June 2023 to €32.6 million at 31 December 2023.


Our revised business plan for 2024-2028 forecasts annual organic growth of around 15%, with stable profitability of close to 12%.

We will be presenting a detailed strategic plan at our SFAF meeting on 7 March in Paris. Based on these projections, we expect to achieve revenue in excess of €320 million by 2024, continuing our organic growth dynamic.


Dividend proposed to the Annual General Meeting: €1.7 per share

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2024 First Quarter Revenue


Annual Shareholders Meeting

2023 Accounts



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