Sword Group stake in Simalaya Holding increased from 40% to 100%
(Thomson Reuters ONE) -
Sword Group
Sword stake in Simalaya Holding increased from 40% to 100%
Net consolidated profits, group share, after taxes rise to over ?800 K
Windhof - June 15 2015,
On the evening of Friday, 12 June, Sword signed the agreement to acquire 60% of
remaining shares in Simalaya Holding, raising its stake in the group from 40%
to 100%.
Simalaya Holding retains the same minority interests in operating subsidiaries.
The equity investment will make it possible to:
a/ Increase net profits, group share, after taxes without changing revenue,
which is already 100% consolidated,
b/ Extend Sword presence, in particular on the Swiss German market, and
enhance its clients portfolio on the Swiss market,
c/ Enhance synergies between Simalaya and Sword in both sales and
technological fields.
The Simalaya Group, which is based primarily in Switzerland, has
nearly 120 employees and specialises in:
- Management & Technology consulting,
- Digital marketing,
- Information system performance management,
- Lean software and services.
About Sword Group
Sword Group (NYSE Euronext: FR0004180578 SWP) delivers high value business
applications (IT Services & Software) to the world's largest companies globally.
With operations in 50 countries, Sword today employs 1,200+ people and
generates ?117.1m in consolidated revenue (FY2014 figures).
An international leader in the delivery of Business Process Improvement
solutions and data optimisation, Sword's skills, infrastructure and experience
help our customers across regulated industries optimise performances, increase
efficiencies and maximise returns on investment.
With flexible delivery options, including On Demand and On Premises, combined
with our extensive industry expertise, Sword provides comprehensive support to
customers across insurance and healthcare, energy, banking and finance,
telecoms, utilities, engineering and construction and the public sector.
For more information, please visit www.sword-group.com.
Sword Group Acquisition
Investor Relations
e investorrelations(at)sword-group.lu
Sword Group
1,300+ staff
Euronext Paris - Compartment B ISIN Code: FR0004180578
ICB: 9530 Software & Computer Services
Indices:
CAC® Small
CAC® Mid & Small CAC® All-Tradable CAC® All-Share
© Sword Group
2, rue d'Arlon
L-8399 Windhof
Sword Group Simalaya Acquisition:
http://hugin.info/143591/R/1928298/692292.pdf
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Source: SWORD Group via GlobeNewswire
[HUG#1928298]
Unternehmensinformation / Kurzprofil:
Datum: 15.06.2015 - 07:07 Uhr
Sprache: Deutsch
News-ID 400250
Anzahl Zeichen: 3481
contact information:
Town:
St-Didier-Au-Mont-d'Or
Kategorie:
Business News
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