Brief: Sword Group Acquires Two Companies In Scotland

Sword SE

01/07/2024 06:56

July 1 (Reuters) - Sword Group SE  SWOR.PA :
    * ACQUISITIONS IN THE UK
    * WITH INTEGRATION OF SWORD'S ARTIFICIAL INTELLIGENCE
PRODUCTS,
EBITDA MARGIN TARGET FOR 2025 HAS BEEN RAISED TO 9%, THEN 12% IN
2026
    * ORGANIC GROWTH RATE FOR IACS, ONCE INTEGRATED INTO SWORD,
IS
BUDGETED AT 15% PER YEAR
    * COMPANY WILL BE CONSOLIDATED IN GROUP'S ACCOUNTS WITH
EFFECT
FROM 1 JULY 2024
    * ACQUISITIONS OF 2 COMPANIES IN SCOTLAND: IACS, A
CYBERSECURITY
SPECIALIST BASED IN ABERDEEN AND AAA, AN ABERDEEN-BASED COMPANY
SPECIALISING IN ARTIFICIAL INTELLIGENCE
    * THESE 2 ACQUISITIONS WILL BOOST OUR EXPANSION IN FIELDS OF
ARTIFICIAL INTELLIGENCE AND CYBER SECURITY

Source text for Workspace:  ID:nGNE12r3tQ 
Further company coverage:  SWOR.PA 

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