Earnings release
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In € m First - half 2021 revenues : € 75.9m ASSET MANAGEMENT LENDING & LEASING TOTAL LINEDATA Rounded , unaudited figures D Linedata Performance analysis by segment : H1 2020 55.4 23.1 78.5 H1 2021 51.4 24.4 75.9 Change -7.1 % + 5.8 % -3.3 % Change at constant exchange rates -2.1 % linedata.com + 7.2 % Neuilly - sur - Seine , 27 July 2021 - Linedata ( LIN : FP ) , the global solutions and outsourcing services provider for the asset management , insurance and credit industries , recorded revenues of € 75.9 million for the first half of 2021 , posting slight organic growth of 0.7 % compared with the first half of 2020. After a first quarter that saw a slight decline in revenue on a like - for - like basis ( -1.7 % ) , the second quarter realised an increase of 3.1 % driven by a sharp upturn in the Lending & Leasing business . On a reported basis , revenue was down 3.3 % due to particularly unfavourable exchange rate effects over the period . The recurring share of revenues in the first half of 2021 stood at 80 % and totalled € 61 million . For the first six months of the year , new orders amounted to € 32.7 million , up 23.2 % compared with the first half of 2020 . + 0.7 % ASSET MANAGEMENT ( Q1 : € 25.9M , -8.5 % ; Q2 : € 25.5M , -5.6 % ) The Software business posted revenues of € 42.6m , down 9.4 % ( -5.2 % on a like - for - like basis ) compared with the same period in 2020. Consulting saw strong momentum in connection with the rollout of the new AMP platform to customers . Conversely , Back Office revenues were down due to the absence of major projects in the first half . The Services business continued its growth in the second quarter ( + 7.7 % in Q2 after an increase of + 4.0 % in Q1 ) and posted solid growth of 5.8 % over the first half ( 15.8 % at constant exchange rates ) . With the relaunch of projects at asset management firms , Linedata was able to promote its middle - office and risk function co - sourcing offers in order to better support its clients . Sales activity in Asset Management saw growth over the first half with new orders of € 16m , an increase of nearly 10 % . BOSTON - CASABLANCA - CHENNAI - DUBLIN - EDIMBOURG - GREENWICH HONG KONG - LONDRES LUXEMBOURG - MADRID - MUMBAI - NEW YORK - OXFORD - PARIS - RIGA - SEATTLE - TORONTO - TUNIS