on LINEDATA SERVICES (EPA:LIN)
Linedata Services 2024 Financial Results
Linedata Services has published its annual results for 2024, showing stable revenues at €183.7 million, a slight increase of 0.2% compared to 2023. The EBITDA margin improves to 29.6% of revenues, thanks to a recurring business model and a higher share of Software revenues.
The Asset Management segment reported a 1.2% decline in revenue to EUR 120.7 million, while Lending & Leasing grew by 3% to EUR 63.0 million. Net income amounted to EUR 28.1 million (+10.3%), reflecting a net margin of 15.3%.
In 2024, Linedata also saw its equity increase to €138.4 million, strengthening its financial structure. A dividend of €1.75 per share will be proposed at the next General Meeting.
R. E.
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