ISIN:FR0004156297

Linedata Services: 2020 annual results show improvement: NET INCOME: +16.0%

Mercredi, février 17, 2021 - 5:02pm

The Asset Management segment reported a 3.2% fall in revenue, mainly in the area of Back-Office Software.

Key Points: 
  • The Asset Management segment reported a 3.2% fall in revenue, mainly in the area of Back-Office Software.
  • In 2020 the first migrations of certain key accounts to the AMP platform were realised.
  • The continued deployment of Linedata Ekip360 and the launch of Capitalstream 2020 were the highlights of 2020.
  • Net earnings per share (EPS) amounted to 3.09 in 2019 compared with 2.69 in 2019.

Linedata Services: 2020 Revenue

Mardi, février 9, 2021 - 5:03pm

Neuilly-sur-Seine, 9 February 2021 - Linedata (LIN:FP) generated revenue of 161.0 million in 2020, down 5,1% compared with 2019 (-4.0% on a like-for-like basis).

Key Points: 
  • Neuilly-sur-Seine, 9 February 2021 - Linedata (LIN:FP) generated revenue of 161.0 million in 2020, down 5,1% compared with 2019 (-4.0% on a like-for-like basis).
  • As expected, activity picked up in Q4, generating revenue of 46.0 million, an increase of 2.6% (+6.6% on a like-for-like basis).
  • The recurring share of revenue in 2020 increased both as a percentage (79% in 2020 vs. 75% in 2019) and in absolute value (+0.8 million).
  • Headquartered in France, Linedata achieved revenues of EUR 161 million in 2020 and is listed on Euronext Paris compartment B FR0004156297-LIN - Reuters LDSV.PA - Bloomberg LIN:FP.