LINEDATA SERVICES : Revenues for 2012: EUR144.0M (+4.9%)

Tue Feb 5, 2013 11:45am EST

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 MEUR - IFRS   2011   2012  Change  Like-for-like change at constant exchange rates*  
 1st quarter   31.7   34.1   +7.6%                        +0.5%                       
 2nd quarter   32.3   36.2  +12.3%                        +2.0%                       
 3rd quarter   34.8   34.4   -1.3%                        -6.7%                       
 4th quarter   38.5   39.3   +2.0%                        -0.1%                       
 Total        137.3  144.0   +4.9%                        -1.1%                       

Rounded, unaudited figures
* Includes the company Fimasys from the 3rd quarter of 2011

Neuilly-sur-Seine, 5 February 2013: Linedata (LIN:FP), the global solutions provider dedicated to
the investment management and credit finance industries, posted revenues of EUR144.0M in 2012, an
increase of 4.9% compared with 2011. At constant exchange rates and on a like-for-like basis,
revenues decreased by 1.1%.

In the fourth quarter of 2012, revenues reached EUR39.3M, compared with EUR38.5M in 2011,
representing an increase of 2.0%. Revenues were almost stable on a like-for-like basis at constant
exchange rates.

Recurring revenues increased by EUR8.4M to reach EUR106.1M over the year, representing 74% of
total revenues.

For the full year, new bookings were stable at approximately EUR49M. 

Revenues by geographical region:

 MEUR - IFRS       2011   2012  Change  Like-for-like change at constant exchange rates*  
 Southern Europe   69.6   71.4   +2.6%                        -2.2%                       
 Northern Europe   27.1   28.9   +6.5%                        +0.8%                       
 North America     37.4   40.5   +8.1%                        -0.1%                       
 Asia              3.2    3.3    +3.1%                        -5.1%                       
 Total            137.3  144.0   +4.9%                        -1.1%                       

Rounded, unaudited figures
* Includes the company Fimasys from the 3rd quarter of 2011

SOUTHERN EUROPE (Q1: EUR17.0M, +9.1%; Q2: EUR18.2M, +9.9%; Q3: EUR15.5M, -9.1%; Q4: EUR20.7M,

Sales in Southern Europe were up 2.6% compared with 2011 due to the favourable impact of Credit
Finance business revenues (+EUR3.0M over the year). The latter benefited in particular from the
contribution from Fimasys throughout the full year (+EUR2.8M).

NORTHERN EUROPE (Q1: EUR6.5M, -0.6%; Q2: EUR7.2M, +9.8%; Q3: EUR7.4M, +9.2%; Q4: EUR7.8M, +7.5%)

Northern Europe performed well in 2012 with an increase of 6.5% in its revenues compared with
2011. Growth was sustained by recurring revenues from maintenance, monthly licences and ASP and
reached +0.8% at constant exchange rates.

NORTH AMERICA (Q1: EUR9.9M, +13.2%; Q2: EUR10.0M, +18.1%; Q3: EUR10.6M, +3.7%; Q4: EUR9.9M, -0.3%)

In North America, revenues for 2012 were up 8.1%, benefiting from favourable exchange rate
movements between the dollar and the euro. At constant exchange rates, sales were stable. 

ASIA (Q1: EUR0.8M, -11.8%; Q2: EUR0.9M, +20.1%; Q3: EUR0.9M, +13.7%; Q4: EUR0.8M, -5.4%)

 In Asia, revenues were up 3.1% compared with 2011 in terms of reported figures (-5.7% at constant
exchange rates). The region continued to grow in terms of ASP with the signing of five new


Due to the growth of its revenues, Linedata anticipates an increase of EBITDA for 2012.

For the 2013 financial year, despite ever-unpredictable market conditions, the Group remains
confident thanks to the quality of its offering, its dynamic installed base and the high level of
its backlog.

Next communication: Publication of 2012 annual results on 28 February 2013 after close of trading.


Linedata is a global solutions provider with 700 clients operating in 50 countries. With more than
900 employees across the globe, Linedata is dedicated to the investment management and credit
community. Linedata has been at the service of the financial industry from day one, and applies
its market and client insight to provide innovative and tailored mission-critical software and
services that help its clients grow. Headquartered in France, Linedata achieved revenues of EUR
144 million in 2012. This company is listed on Euronext Paris FR0004156297-LIN - Reuters LDSV.LN -
Bloomberg LIN:FP.

For further information, please contact:

 Linedata                                               Cap Value 
 Finance Department                       Financial communication 
 +33 (0)1 47 77 68 39          Gilles Broquelet / Samuel Beaupain                   +33 (0)1 80 81 50 00                       

PR T 2012 


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Source: LINEDATA SERVICES via Thomson Reuters ONE


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