Aankondiging • May 13
Sword Group S.E. (ENXTPA:SWP) completed the acquisition of CirrusHQ Ltd. Sword Group S.E. (ENXTPA:SWP) acquired CirrusHQ Ltd on May 1, 2026. The annual revenue trend of this acquisition comes to £6 million per year with 12%+ EBIT margin. The organic growth rate for CirrusHQ, once integrated into Sword, is budgeted at 20% per year. CirrusHQ Ltd will be consolidated in the Sword Group S.E. accounts with effect from May 1, 2026.
Sword Group S.E. (ENXTPA:SWP) completed the acquisition of CirrusHQ Ltd on May 1, 2026. Declared Dividend • Apr 20
Dividend of €2.00 announced Dividend of €2.00 is the same as last year. Ex-date: 29th April 2026 Payment date: 4th May 2026 Dividend yield will be 5.8%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is not adequately covered by earnings (99% earnings payout ratio) nor is it covered by cash flows (102% cash payout ratio). The dividend has increased by an average of 5.2% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 10% to bring the payout ratio under control. EPS is expected to grow by 56% over the next 2 years, which is sufficient to bring the dividend into a sustainable range. Reported Earnings • Mar 30
Full year 2025 earnings released: EPS: €2.02 (vs €2.31 in FY 2024) Full year 2025 results: EPS: €2.02 (down from €2.31 in FY 2024). Revenue: €357.7m (up 11% from FY 2024). Net income: €19.0m (down 13% from FY 2024). Profit margin: 5.3% (down from 6.8% in FY 2024). Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Aankondiging • Mar 14
Sword Group S.E., Annual General Meeting, Apr 28, 2026 Sword Group S.E., Annual General Meeting, Apr 28, 2026. Aankondiging • Mar 12
Sword Group Proposes Dividend Sword Group proposed dividend of EUR 2 per share to the Annual General Meeting. Aankondiging • Jan 23
Sword Group S.E. to Report Q1, 2026 Results on Apr 23, 2026 Sword Group S.E. announced that they will report Q1, 2026 results on Apr 23, 2026 Aankondiging • Dec 24
Mci Benelux acquired Tipik S.A. from Sword Group S.E. (ENXTPA:SWP). Mci Benelux acquired Tipik S.A. from Sword Group S.E. (ENXTPA:SWP) on December 22, 2025.
Mci Benelux completed the acquisition of Tipik S.A. from Sword Group S.E. (ENXTPA:SWP) on December 22, 2025. Aankondiging • Oct 24
Sword Group S.E. (ENXTPA:SWP) acquired Full On Net Sl. Sword Group S.E. (ENXTPA:SWP) acquired Full On Net Sl on October 23, 2025. Full On Net will operate under the Sword brand, and its teams will continue to serve their clients with the same commitment to excellence, now backed by the resources and global reach of Sword Group. David Martinez, current Director of Full On Net, to Sword Group, will become the Managing Director of Full On Net
Sword Group S.E. (ENXTPA:SWP) completed the acquisition of Full On Net Sl on October 23, 2025 Reported Earnings • Sep 05
First half 2025 earnings released: EPS: €0.94 (vs €1.08 in 1H 2024) First half 2025 results: EPS: €0.94 (down from €1.08 in 1H 2024). Revenue: €175.8m (up 12% from 1H 2024). Net income: €8.83m (down 13% from 1H 2024). Profit margin: 5.0% (down from 6.5% in 1H 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance. Declared Dividend • Apr 14
Dividend increased to €2.00 Dividend of €2.00 is 18% higher than last year. Ex-date: 29th April 2025 Payment date: 2nd May 2025 Dividend yield will be 6.4%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is covered by earnings (86% earnings payout ratio) but not adequately covered by cash flows (99% cash payout ratio). The dividend has increased by an average of 5.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 31% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Apr 07
Sword Group S.E. acquired Idelta Limited. Sword Group S.E. agreed to acquire Idelta Limited on April 1, 2025.
Sword Group S.E. completed acquisition of Idelta Limited on April 1, 2025. Reported Earnings • Mar 30
Full year 2024 earnings released: EPS: €2.31 (vs €2.40 in FY 2023) Full year 2024 results: EPS: €2.31 (down from €2.40 in FY 2023). Revenue: €323.0m (up 12% from FY 2023). Net income: €21.8m (down 4.4% from FY 2023). Profit margin: 6.8% (down from 7.9% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 7.6% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Aankondiging • Mar 29
Sword Group S.E. Proposes Dividend, Payable on May 2, 2025 Sword Group S.E. proposed dividend of €2.0 gross per share. Ex-date is April 30, 2025. The dividend will be payable on May 2, 2025. Pending approval at the AGM on April 28, 2025. Valuation Update With 7 Day Price Move • Sep 13
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €36.15, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 25x in the IT industry in the United Kingdom. Total returns to shareholders of 15% over the past three years. Aankondiging • Sep 02
Sword Group S.E. (ENXTPA:SWP) acquired incor ag. Sword Group S.E. (ENXTPA:SWP) acquired incor ag effective July 1, 2024. INCOR’s current turnover trend is CHF6 million, with an EBITDA margin of 8%, which should increase from 2025. Reported Earnings • Aug 29
First half 2024 earnings released: EPS: €1.08 (vs €1.35 in 1H 2023) First half 2024 results: EPS: €1.08 (down from €1.35 in 1H 2023). Revenue: €156.9m (up 7.4% from 1H 2023). Net income: €10.2m (down 21% from 1H 2023). Profit margin: 6.5% (down from 8.8% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Board Change • May 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. Independent Director Antonietta Michelino was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Apr 26
Upcoming dividend of €1.70 per share Eligible shareholders must have bought the stock before 30 April 2024. Payment date: 03 May 2024. Payout ratio is a comfortable 71% and the cash payout ratio is 85%. Trailing yield: 4.7%. Lower than top quartile of British dividend payers (5.9%). Higher than average of industry peers (2.7%). Upcoming Dividend • Apr 23
Upcoming dividend of €1.70 per share Eligible shareholders must have bought the stock before 30 April 2024. Payment date: 03 May 2024. Payout ratio is a comfortable 71% and the cash payout ratio is 85%. Trailing yield: 4.8%. Lower than top quartile of British dividend payers (6.0%). Higher than average of industry peers (2.8%). Declared Dividend • Apr 03
Dividend of €1.70 announced Dividend of €1.70 is the same as last year. Ex-date: 30th April 2024 Payment date: 3rd May 2024 Dividend yield will be 4.6%, which is higher than the industry average of 2.4%. Sustainability & Growth The dividend has increased by an average of 5.4% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 10% to bring the payout ratio under control. EPS is expected to grow by 5.2% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Reported Earnings • Mar 10
Full year 2023 earnings released Full year 2023 results: Revenue: €288.1m (up 5.8% from FY 2022). Net income: €25.2m (down 77% from FY 2022). Profit margin: 8.7% (down from 40% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the IT industry in the United Kingdom. Aankondiging • Mar 08
Sword Group S.E. Proposes Dividend Sword Group S.E. proposed dividend of €1.7 per share to the Annual General Meeting. Aankondiging • Mar 07
Sword Group S.E., Annual General Meeting, Apr 29, 2024 Sword Group S.E., Annual General Meeting, Apr 29, 2024. Agenda: To approve 2023 accounts; and to approve dividend. Buying Opportunity • Nov 07
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 17%. The fair value is estimated to be €45.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 27%. Revenue is forecast to grow by 20% in 2 years. Earnings is forecast to grow by 63% in the next 2 years. Valuation Update With 7 Day Price Move • Nov 02
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €35.35, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 23x in the IT industry in the United Kingdom. Total returns to shareholders of 63% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €46.79 per share. Aankondiging • Oct 28
Sword Group Provides Earnings Guidance for the Full Year of 2023 Sword Group provided earnings guidance for the full year of 2023. For the year, the company expects revenue, Excluding AAA, will be higher than the annual target of €280 million, closer to €282 million. On this basis, organic growth for the year will exceed 18% and therefore significantly above budget. New Risk • Sep 03
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.7% Last year net profit margin: 46% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 99% Cash payout ratio: 97% Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.7% net profit margin). Aankondiging • Jul 23
Sword Group S.E. Provides Revenue Guidance for the Full Year 2023 Sword Group S.E. provides revenue guidance for the full year 2023. Without AAA, the company expects revenue to be €280 million. Upcoming Dividend • Apr 25
Upcoming dividend of €1.70 per share at 3.9% yield Eligible shareholders must have bought the stock before 02 May 2023. Payment date: 04 May 2023. Payout ratio is a comfortable 15% but the company is paying out more than the cash it is generating. Trailing yield: 3.9%. Lower than top quartile of British dividend payers (5.8%). Higher than average of industry peers (2.3%). Reported Earnings • Mar 30
Full year 2022 earnings released: EPS: €11.51 (vs €1.85 in FY 2021) Full year 2022 results: EPS: €11.51 (up from €1.85 in FY 2021). Revenue: €272.3m (up 27% from FY 2021). Net income: €109.8m (up €92.1m from FY 2021). Profit margin: 40% (up from 8.2% in FY 2021). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director M. Ory was the last independent director to join the board, commencing their role in 2011. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 03
First half 2022 earnings released: EPS: €11.15 (vs €1.00 in 1H 2021) First half 2022 results: EPS: €11.15 (up from €1.00 in 1H 2021). Revenue: €132.0m (up 33% from 1H 2021). Net income: €106.3m (up €96.8m from 1H 2021). Profit margin: 81% (up from 9.6% in 1H 2021). Over the next year, revenue is forecast to grow 10%, compared to a 17% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Aug 23
Now 21% undervalued Over the last 90 days, the stock is up 2.3%. The fair value is estimated to be €51.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has declined by 28%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings is forecast to decline by 17% per annum over the same time period. Buying Opportunity • Jul 29
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 4.5%. The fair value is estimated to be €50.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has declined by 28%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings is forecast to decline by 17% per annum over the same time period. Valuation Update With 7 Day Price Move • May 02
Investor sentiment deteriorated over the past week After last week's 25% share price decline to €39.55, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 27x in the IT industry in the United Kingdom. Total returns to shareholders of 98% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €53.72 per share. Buying Opportunity • Apr 30
Now 32% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be €60.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has declined by 28%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings is also forecast to grow by 11% per annum over the same time period. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. No experienced directors. 6 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Patrice Crochet was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Upcoming Dividend • Apr 22
Upcoming dividend of €10.00 per share Eligible shareholders must have bought the stock before 29 April 2022. Payment date: 03 May 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 20%. Within top quartile of British dividend payers (4.6%). Higher than average of industry peers (2.3%). Reported Earnings • Apr 03
Full year 2021 earnings released: EPS: €1.85 (vs €5.59 in FY 2020) Full year 2021 results: EPS: €1.85 (down from €5.59 in FY 2020). Revenue: €214.6m (up 1.0% from FY 2020). Net income: €17.7m (down 67% from FY 2020). Profit margin: 8.2% (down from 25% in FY 2020). Over the next year, revenue is forecast to grow 19%, compared to a 16% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment improved over the past week After last week's 18% share price gain to €45.25, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 24x in the IT industry in the United Kingdom. Total returns to shareholders of 78% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €79.16 per share. Upcoming Dividend • Apr 30
Upcoming dividend of €4.80 per share Eligible shareholders must have bought the stock before 07 May 2021. Payment date: 11 May 2021. Trailing yield: 12%. Within top quartile of British dividend payers (4.1%). Higher than average of industry peers (1.8%). Reported Earnings • Mar 28
Full year 2020 earnings released: EPS €5.59 (vs €1.39 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: €212.5m (flat on FY 2019). Net income: €53.3m (up 302% from FY 2019). Profit margin: 25% (up from 6.2% in FY 2019). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Mar 12
New 90-day high: €37.35 The company is up 22% from its price of €30.70 on 11 December 2020. The British market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €19.07 per share. Valuation Update With 7 Day Price Move • Dec 03
Market bids up stock over the past week After last week's 15% share price gain to €36.20, the stock is trading at a trailing P/E ratio of 24.7x, up from the previous P/E ratio of 21.4x. This compares to an average P/E of 39x in the IT industry in the United Kingdom. Total returns to shareholders over the past three years are 41%. Valuation Update With 7 Day Price Move • Nov 30
Market bids up stock over the past week After last week's 15% share price gain to €36.20, the stock is trading at a trailing P/E ratio of 24.5x, up from the previous P/E ratio of 21.3x. This compares to an average P/E of 37x in the IT industry in the United Kingdom. Total returns to shareholders over the past three years are 41%. Valuation Update With 7 Day Price Move • Nov 27
Market bids up stock over the past week After last week's 15% share price gain to €36.20, the stock is trading at a trailing P/E ratio of 24.6x, up from the previous P/E ratio of 21.3x. This compares to an average P/E of 37x in the IT industry in the United Kingdom. Total returns to shareholders over the past three years are 41%.