Yahoo Finance Sword Group: Sale of a subsidiary located in Basel, Switzerland
Sword Group
Sale of a subsidiary located in Basel, Switzerland
Sword Group M & A transactions
3 acquisitions & 1 sale
Sword Group Agenda
Annual General Meeting: 27 April 2018
Dividend proposed at the Annual General Meeting : €1.2
Date of payment: 7 May 2018
Investor Relations
e investorrelations@sword-group.lu
Windhof - 19 April 2018,
Sword announces the sale of its subsidiary based in German-speaking Switzerland, a company specialised in implementing APM solutions.
Two entities respectively based in Tunisia and Morocco are also incorporated into the sale.
This sale will strengthen the Group`s coherence.
The 2018 turnover budgeted for this activity was €7.7 M. These entities will be deconsolidated as of April 9, 2018.
Over the last 6 months, the Group has acquired two Services entities in the UK, a Services entity in Switzerland and has sold its Basel subsidiary at the same time.
About Sword Group
Sword has 2,000+ IT/Digital & Software specialists present over five continents to accompany you in the growth of your organisation in the digital age.
As a leader in technological and digital transformation, Sword has since 2000 acquired a solid reputation
in software publishing and in complex IT & business project management.
With Sword you have the guarantee of strong close and qualified local commitment, the aim of which is to optimise your processes and data.
Above all, our ambition is to build sustainably and foster the loyalty of our staff, our clients and our partners by building on our values and our enthusiasm to accompany you throughout your projects.
The Group`s performance enables us to invest in the R&D projects that contribute to our positioning and our differenciation on niche markets.
Thanks to its recognised competences in over 20 countries, Sword benefits from the trust of prestigious references such as: Admiral, Barclays Bank, BMW, the European Union, the National Payment and Trademark Offices, Lombard, Orange, the United Nations Organisation, etc.
Consulting and IT Services: Sword commits for the most part to fixed-price contracts and operates with a network of competence centres (business units) in different specialised fields: Geographic Information Systems, ECM/EDM, corporate search engines, digital marketing, CRM, portals and corporate social networks, Data and Business Intelligence, Web and Mobile development, infrastructure and cloud, cyber security, performance and applications optimisation, desktop publishing and intellectual property.
Software: Sword develops on demand product lines in the Risk and Compliance sectors (Sword Active Risk and Sword Achiever), Intellectual Property (Sword Intellect), Health (Sword Orizon), Desktop Publishing (Sword Kami), Predictive Analysis (Sword Insight) and Asset Finance (Sword Apak).
To find more about our expertise, join us on www.sword-group.com
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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: SWORD Group via GlobeNewswire
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