Interim report
Page 1
D Linedata H1 2021 results : EBITDA : € 22.6m , + 23.1 % REVENUE EBITDA % of revenue OPERATING INCOME % of revenue NET INCOME % of revenue Rounded , audited figures ( € m ) H1 2020 78.5 18.4 23.4 % EBITDA margin Asset Management ( * ) Lending & Leasing Total 9.8 12.5 % 7.6 9.7 % H1 2021 75.9 H1 2020 24.9 % linedata.com 22.6 29.8 % Neuilly - sur - Seine , 13 September 2021 Linedata ( LIN : FP ) , the global solutions and outsourcing services provider for asset management , insurance and credit professionals , today published its financial indicators for H1 2021 . 19.7 % 15.3 20.2 % The Group generated revenue of € 75.9m in the first half , down 3.3 % on reported data but up 0.7 % at constant exchange rates . 23.4 % 11.0 14.5 % The Lending & Leasing segment posted organic growth of 7.2 % year - on - year , largely driven by client migrations to the new version of Linedata Ekip360 . The Group thus confirmed its solution as a major platform for Credit and Financing players both in France and internationally . The Asset Management division recorded a slight drop of 2.1 % on a like - for - like basis , mainly due to a decline in its back - office business . Conversely , opportunities for the new AMP offering led to robust growth in consulting with the installed client base and the signing of new clients , particularly Hedge Funds . EBITDA was € 22.6m , up 23.1 % year - on - year . It should be noted , however , that financial year 2020 included restructuring costs associated with the pandemic , recruitment needs were not fully met in H1 2021 and travel costs remained very low . Restated for these cost differentials , estimated at around € 3m for H1 2021 , normalized EBITDA stood at 26 % . The EBITDA margin improved in each segment , reflecting the strength of Linedata's business model . Change -3.3 % + 23.1 % 29.2 % + 57.0 % 31.1 % + 44.6 % 29.8 % H1 2021 ( * ) The " Other " segment , comprising insurance and pension savings , was incorporated in the Asset Management division . BOSTON CASABLANCA - CHENNAI - DUBLIN EDIMBOURG - GREENWICH - HONG KONG - LONDRES LUXEMBOURG - MADRID - MUMBAI - NEW YORK - OXFORD - PARIS - RIGA - SEATTLE - TORONTO - TUNIS