Sword Group (SWP) H2 2025 earnings summary

Executive summary

• Consolidated revenue for 2025 reached €357.7 million, reflecting robust business momentum.

• EBITDA margin held steady at 12.0%, with EBITDA totaling €42.9 million for the year.

• Organic growth on a like-for-like basis and at constant exchange rates was +12.3% year-over-year.

• Backlog at year-end 2025 represented 21.7 months of activity based on 2026 revenue objectives.

Financial highlights

• Revenue increased from €323.0 million in 2024 to €357.7 million in 2025.

• EBITDA rose from €38.8 million in 2024 to €42.9 million in 2025.

• EBITDA margin remained stable at 12.0% year-over-year.

• Dividend of €2 per share proposed for the Annual General Meeting.

Outlook and guidance

• Targeting 12% organic growth for 2026.

• Strategic focus shifting to new external growth opportunities following the divestment of Tipik.

• 2028 Business Plan to emphasize innovation and AI as central pillars.