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February, 2020

S&G Technology Services issues strong results for 2019

On 14th February 2020, our Managing Director Fabrice Gouttebroze reviewed and authorized the issue of the accounts of S&G Technology Services Ltd for the year ended December 31, 2019. In 2019, S&G Technology Services Ltd displayed a strong performance with a healthy diversification of its client base across Europe and a turnover growth of 49.1%. The team utilization rate was above 95% for the year, and earnings up by 109.5% compared to 2018. The EBITDA margin was 12.32%.

Our Managing Director comments: ‘With the strong 2019 performance, we continue a trend started a several years ago: our turnover is up for the 5th consecutive year, and we hope we can carry on this trend in 2020. This enables us to invest in our people and with strong emphasis on training and education this year. We are determined to keep our unique expertise in Core Banking integration and interaction, whilst expanding our scope to more traditional T24/Transact activities.’