Hybrid Software Group PLC Publishes 2024 Interim Report
25 July 2024 - 2:00AM
PRESS RELEASE – REGULATED INFORMATION
HYBRID SOFTWARE GROUP: 2024 INTERIM REPORT
Cambridge (UK), 24 July 2024 (18.00
CEST): Hybrid Software Group PLC (Euronext: HYSG)
announces it has published its half year report and unaudited
condensed consolidated interim financial statements for the six
months ended 30 June 2024.
The full document is available to download from
the financial reports section of the Company’s web site at
https://www.hybridsoftware.group/investors/financial-reports.
Mike Rottenborn, Hybrid Software Group CEO
comments, “Hybrid Software Group performed well in the first half
of 2024, with rising revenues in all business segments.
Overall, our revenues grew 8.1% over the first half of 2024, with
all three reporting segments seeing growth in the range of 7% -
10%. The first semester also brought a significant boost in
profitability, with our EBITDA up 75% and adjusted operating profit
up 188% from last year’s figures to €6.48 million and €4.38
million, respectively.”
Financial highlights
(unaudited)
For the six months ended 30 June |
In thousands of euros |
2024 (unaudited) |
2023 (unaudited) |
Revenue |
26,922 |
24,906 |
Operating profit/(loss) |
2,344 |
(521) |
Profit/(Loss) before tax |
1,870 |
(922) |
Tax
credit |
281 |
588 |
Profit/(Loss) for the period |
2,151 |
(334) |
|
|
|
EBITDA from continuing operations |
6,483 |
3,707 |
|
|
|
Adjusted operating profit |
4,383 |
1,518 |
Adjusted net profit |
3,998 |
1,359 |
About Hybrid Software GroupThrough its
operating subsidiaries. Hybrid Software Group PLC (Euronext:
HYSG) is a leading developer of enterprise software for
industrial print manufacturing. Customers include press
manufacturers such as HP, Canon, Durst, Roland, Hymmen, and
hundreds of packaging printers, trade shops, and converters
worldwide.
Hybrid Software Group PLC is headquartered in Cambridge UK. Its
subsidiary companies are colour technology experts ColorLogic,
printing software developers Global Graphics Software, enterprise
software developer HYBRID Software, 3D design and modelling
software developers iC3D, the industrial printhead driver solutions
specialists Meteor Inkjet, and pre-press workflow developer
Xitron.
Contacts
Floris De
Ruyck |
Joachim Van Hemelen |
Legal Counsel &
Investor Relations Officer |
Chief Financial Officer |
Tel: +32 (0) 9 329 57 53 |
Tel: +32 (0) 9 329 57 53 |
Email: florisdr@hybridsoftware.group |
Email: joachimvh@hybridsoftware.group |
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