(News Bulletin 247) – Linedata announces annual results in line with its expectations with business growing organically by nearly 2% and robust profitability indicators (EBITDA above 50 ME and net margin above 15%). In 2022, the Group generated revenue of €172.7 million, up 7.8% in published data.

As announced, the 2022 financial year saw the start of an active recruitment policy and the resumption of certain expenses put on hold during the health crisis. As a result, EBITDA is down slightly (margin rate at 29.3% compared to 32.9% in 2021).

Operating income amounted to 34.1 ME, down 4.3 ME. The financial result amounts to +1.3 ME against +0.2 ME for the previous financial year.

After taking into account a tax charge of 9.0 ME, the net profit comes to 26.5 ME, ie a net margin of 15.3%.

Net profit per share (EPS) was €4.30 in 2022 compared to €4.42 in 2021. Compared to ordinary shares in circulation at the end of the financial year, net profit amounted to €5.33. A dividend of €1.75 per share will be proposed at the next General Meeting.

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