Brief: Sword Group Acquires Switzerland's Incor

Sword SE

02/09/2024 06:37

Sept 2 (Reuters) - Sword Group SE  SWOR.PA :
    * REG-SWORD GROUP : 1ST STEP IN GERMAN-SPEAKING SWITZERLAND
    * GROUP ACQUIRED INCOR, A COMPANY BASED IN BERN
    * COMPANY WILL BE CONSOLIDATED IN GROUP'S ACCOUNTS FROM 1
JULY
2024
    * ACQUISITION IS FULLY IN LINE WITH ANNOUNCED STRATEGY OF
ESTABLISHING A PRESENCE IN GERMAN-SPEAKING SWITZERLAND
    * INCOR'S CURRENT TURNOVER TREND IS CHF6 MILLION, WITH AN
EBITDA
MARGIN OF 8%, WHICH SHOULD INCREASE FROM 2025

Source text for Eikon:  ID:nGNE98ls9D 
Further company coverage:  SWOR.PA 

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