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2021-09-13

H1 2021 results: EBITDA: €22.6m, +23.1%

Linedata Services
H1 2021 results: EBITDA: €22.6m, +23.1%

13-Sep-2021 / 17:45 CET/CEST
Dissemination of a French Regulatory News, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


 

 

 

 

H1 2021 results: EBITDA: €22.6m, +23.1%

 

 

H1 2020

H1 2021

Change

REVENUE

78.5

75.9

-3.3%

EBITDA

% of revenue

18.4

23.4%

22.6

  29.8%

 

+23.1%

 

OPERATING INCOME

% of revenue

9.8

12.5%

15.3

  20.2%

 

+57.0%

 

NET INCOME

% of revenue

7.6

9.7%

11.0

  14.5%

 

+44.6%

 

 

          Rounded, audited figures (€m)

 

 

Neuilly-sur-Seine, 13 September 2021 - Linedata (LIN:FP), the global solutions and outsourcing services provider for asset management, insurance and credit professionals, today published its financial indicators for H1 2021.

 

The Group generated revenue of €75.9m in the first half, down 3.3% on reported data but up 0.7% at constant exchange rates.

 

The Lending & Leasing segment posted organic growth of 7.2% year-on-year, largely driven by client migrations to the new version of Linedata Ekip360. The Group thus confirmed its solution as a major platform for Credit and Financing players both in France and internationally. The Asset Management division recorded a slight drop of 2.1% on a like-for-like basis, mainly due to a decline in its back-office business. Conversely, opportunities for the new AMP offering led to robust growth in consul...

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