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Linedata Services Reports Stable Revenue and Increased Net Result for 2024

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Linedata Services Reports Stable Revenue and Increased Net Result for 2024

Linedata Services ( (FR:LIN) ) has provided an announcement.

Linedata Services reported stable revenue of €183.7 million for 2024 with a slightly increased EBITDA margin of 29.6%. The Asset Management segment saw a decline in revenue by 1.2%, attributed to the Services division, while Lending & Leasing revenue grew by 3.0%. The company’s net result improved by 10.3% to €28.1 million, and a dividend of €1.75 per share is proposed. Linedata anticipates growth in its Asset Management Services division in 2025.

More about Linedata Services

Linedata Services is a global solutions publisher and outsourcing services provider focusing on asset management, insurance, and credit professionals. The company offers a range of services including software solutions for asset management and lending & leasing, catering to renowned players worldwide.

YTD Price Performance: -4.25%

Average Trading Volume: 1

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €383.3M

Learn more about LIN stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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