Accelerating innovation and growth
|
|
- Norman Walker
- 6 years ago
- Views:
Transcription
1 Accelerating innovation and growth November 2017
2 Financial facts Customer sales in 2016: EUR million Adjusted *) EBIT margin: 10.2% Tieto s market position: Market leader in Finland Among top 3 in Sweden Among top 7 in Norway Sales by Service Line Technology Services and Modernization 51% Business Consulting and Implementation 9% Industry Solutions 32% Product Development Services 8% Sales by industry group Financial Services 25% Adjusted *) EBIT by Service Line Public, Healthcare and Welfare 32% Industrial and Consumer Services 35% Product Development Services 8% Technology Services and Modernization 56% Business Consulting and Implementation 1% Industry Solutions 36% Product Development Services 7% 2 *) adjusted for restructuring costs, capital gains/losses, goodwill impairment charges and other items
3 Continuous renewal driving consistent value creation Build the foundation Reorienting for growth Growth-driven strategy Con Actively expand internationally Focus & efficiency Accelerate growth portfolio Drive innovation and growth Well positioned to become the preferred partner for customers business renewal Market opportunity based on customers agenda to accelerate innovation and efficiency Healthy company with strong balance sheet Focused investments, especially in industry solutions based on our own software, to drive growth faster than the market Continued focus on consistent profit improvement Strong dividend policy continues 3
4 Good long-term performance while having increased investments IT services sustainably driving growth MEUR 2000 Net sales, EBIT and offering development % 15 Increased investments in offering development Annual offering investments up to EUR 75 million from EUR 40 million in ,8 7,6 2,1 2,5 9,9 10,3 10,2 5,0 4,1 3, Other investments in 2016 Net recruitments 800 employees Acquisition of Emric Capital expenditure EUR 62 (51) million Net sales, IT services Net sales, PDS Adjusted* EBIT,% Offering development costs/net sales % 0 4 *) adjusted for restructuring costs, capital gains/losses, goodwill impairment charges and other items
5 Market opportunity Public
6 We continue to drive growth and efficiency for our customers and us Innovation Accelerate investments in innovation and growth Duality New opportunities to support customers in their business renewal Efficiency Continuously optimize operations for scale and efficiency 6
7 High-growth businesses driving growth Application Services growth 6% in Q3 while decline in traditional infrastructure 3% TIETO'S GROWTH AMBITION FOR IT SERVICES: FASTER THAN THE MARKET* (CAGR ) SALES GROWTH (CAGR) SHARE OF IT SERVICES 1-9/2017 GROWTH 1-9/2017 ~ 50% UP BY 10 20% 37% 20% High-growth businesses ** Selected industry solutions and high-growth services Other services and solutions 10% 4% ~ 50% DOWN BY 5 10% 43% Traditional services -1% Traditional services Emerging services *Market growth expectation (CAGR) for the Nordics at 1.5 3% IT services annual sales EUR million in **Selected high-growth industry solutions comprise Lifecare, Case management, Payments and Banking solutions High-growth services comprise Customer Experience Management, Cloud services and Security Services
8 High-growth businesses up by 10% SERVICE LINE Annual sales 2016 SERVICE LINE Growth 1 9/2017 HIGH-GROWTH BUSINESSES Annual sales 2016 Growth 1 9/2017 Industry Solutions**) EUR 475 million 7% Selected high-growth industry solutions Data-Driven Businesses Selected solutions*: EUR ~ 320 million DDB: Started in H2/2016 8% 8% Business Consulting and Implementation EUR 139 million 7% Customer Experience Management CEM**: EUR ~ 30 million 30% 13% Technology Services and Modernization EUR 762 million 1% Cloud services Security Services Cloud***: EUR ~ 100 million Security: EUR ~ 10 million 10% 24% 98 Breakdown of TSM sales: Cloud services 18% Other emerging services 2% Application management 27% Traditional infrastructure services 53% * Incl. Lifecare, Case management, Payments, Banking solutions *** Sales for cloud services including Value Networks (solution for the management of financial value chain) amounted to EUR 120 million Total ** CEM/Financial Services not included as that transferred to Industry Solutions as from 1 July 2016 growth comparable to 1 9/ %
9 Industry Solutions in our investment focus Revenue growth 7% investments geared towards HCW and FS Selected high-growth industry solutions annual sales 2016 ~ 320 meur Healthcare: Lifecare Data-Driven Businesses Intelligent Healthcare Leading in Nordics Public sector: Case management Intelligent Building Leading in Nordics Industrial Equipment Financial services: Banking solutions Gaining share Financial services: Payments* Globally among top5 Global footprint annual sales 2016 ~ 75 meur Manufacturing: Production Excellence Globally leading in pulp and paper Oil & Gas: Hydrocarbon accounting Global market share 40% Regional solutions annual sales 2016 ~ 80 meur Energy: SmartUtility We continue to drive scale Partner networks in innovation and sales Global expansion of selected solutions Well-targeted offering development Selective bolt-on acquisitions Leading in Nordics 10 9 * Payments sales included in 320 meur
10 Infrastructure cloud market driven by multi-cloud solutions We recently expanded our public cloud portfolio through OneCloud Annual market growth (CAGR ) in the Nordics *) Our growth in 1 9/2017 Way forward Total infrastructure cloud services 15 20% Public cloud 25 30% Incubation of cloudborn applications Market expansion through Tieto OneCloud Private/ enterprise cloud 10 15% 10% e.g. Tieto Cloud Server, Tieto Productivity Cloud, Tieto Dynamic landscape a multi-cloud solution seamlessly orchestrating workloads across private and public clouds *) Source: Gartner and Tieto analysis 11 10
11 Strategy Public
12 Tieto strategy We aim to be our customers first choice for business renewal Services to accelerate customer value Build solutions and capabilities to accelerate our customers business performance and renewal. Nordic leadership and international expansion Further accelerate our strong market position in the Nordics and expand industry solutions internationally. Openness and co-innovation Co-innovate with customers and partners, access open talent networks and drive continuous skill and capability development. Business choices building on our strengths Vertical industry solutions Technology services and modernization New data-driven businesses * Product Development Services strategy follows global expansion objectives 12
13 We implement the strategy in phases Actively expand internationally Expand productized services internationally Drive large-scale expansion to adjacent markets Drive innovation and selective market entry Scale chosen industry solutions internationally Accelerate and commercialize data-driven businesses Operationalize open talent networks and innovation ecosystem Standardize service architectures and cognitive automation Accelerate capabilities in Sweden and industry solutions Accelerate capabilities and growth in Sweden Implement new operating model Invest into SIAM*, service productization and cognitive automation Expand selected industry solutions internationally Pilot data-driven businesses 13 *Service Integration and Management
14 Tieto announced a public offer for Avega - aims to strengthen its position as the preferred business renewal partner Avega Group The Avega Group creates services, products and business models for the modern society by offering specialist consultants in business development and IT 350 business and digitalization consultants Net sales EUR 45.2 million (SEK 428 million) in 2016 Balanced and attractive customer portfolio Avega and Tieto together Strong local consulting capabilities, especially in business transformation, digital consulting and customer experience management Extensive capabilities to provide both consulting services and deliver large projects to accomplish business transformation objectives Wide-ranging business renewal proposition covering consulting, system integration, industry-specific software and industrialized managed services 14
15 Value creation Public
16 Increased growth focus and continued attention on profitability dividend policy unchanged Ambition 2020 IT services revenue growth above the market (CAGR) Focus on new businesses and expansion of industry solutions increased investments Organic growth at least at market rate 10% reported operating margin (EBIT) Adjusted *) margin sustainably above 10% Offering development below 5% of sales (OPEX) Aim is to increase dividends annually in absolute terms Strong cash flow driving attractive dividend profile Net debt / EBITDA 1.5 as an upper limit in the long run Investment capacity for organic and inorganic growth CAPEX expected to remain below 4% of sales *) Adjusted for restructuring costs, capital gains/losses, impairment charges and other one-off items
17 Adjusted profit M Revenue M Public Accelerated value creation and further upside 2500 Revenue growth Market average Further potential Strategic objective Adjusted EBIT margin from 7.6% to 10.3% Profit growth Growth-related profit improvement Margin improvement Profit improvement mainly driven by growth
18 Dividends Net Debt/ EBITDA Public Strong balance sheet dividends increasing while maintaining flexibility to invest in growth 1,5 1,0 0,60 0,5 0,2 0,1 0,1 0,0-0,4-0, Net Debt/EBITDA Debt capacity for M&A while maintaining dividend policy ~ EUR 200 million Assuming Net debt/ebitda < Dividends, EUR million Additional dividends, EUR million 18 18
19 Ambitions by Service Line Technology Services and Modernization Target profitability Business Consulting and Implementation Target profitability 2020 TSM Cognitive automation and standardization while price erosion continues Industry Solutions Target profitability 0% Average market growth Product Development Services Target profitability 0% Average market growth 0% 0% Average market growth Average market growth 2015* BCI Pre-packaged services improving scalability Industrialized delivery IS Scalable industry solutions New data-driven businesses PDS Flexible resourcing for targeted utilization rates 19 *) excluding the business related to the key customer insourcing R&D
20 Q Public
21 Q key figures Net sales EUR 355 (341) million, +4.2%, growth in local currencies +4.5% Acquisitions added EUR 3 million Currency impact EUR -1 million In IT services, sales growth 3.8%, or 4.0% in local currencies Organic growth in local currencies 3.1% EBIT EBIT EUR 41.1 (35.1) million, 11.6% (10.3%) Adjusted* EBIT EUR 41.2 (35.4) million, 11.6% (10.4%), currency impact EUR -0.3 million Order backlog Order backlog EUR (1 722) million Contract Value EUR 271 (406) million, affected by the timing of large contracts Book-to-bill 0.8 (1.2) Earnings per share EPS EUR 0.46 (0.37) EPS EUR 0.46 (0.38), adjusted *) MEUR % ,6 9,4 10,4 12, ,0 9,2 11, Q1/16 Q2/16 Q3/16 Q4/16 Q1/17 Q2/17 Q3/17 Net of divestment and acquisitions Customer sales adjusted Adjusted* EBIT, % *) adjusted for restructuring costs, capital gains/losses, goodwill impairment charges and other items
22 Significance of order intake and backlog is changing The total market is expected to remain dynamic and to continue to grow Market trends affecting order intake Q3 characteristics Total market expected to continue to grow while shifting towards agile methods and consumptionbased business models traditional development programmes cut into smaller projects binding durations and values in new contracts reduced while frame agreements pose revenue opportunities Q3 order intake affected by timing of some large contracts: some large contracts postponed to Q4 Q3/2016 included a large agreement worth over EUR 100 million Book-to-bill 0.8 (1.2) Book-to-bill rolling 12m
23 Quarterly development MEUR Net sales Q1/16 Q2/16 Q3/16 Q4/16 Q1/17 Q2/17 Q3/17 Net of divestment and acquisitions Customer sales adjusted 1,5 1,0 0,5 0,0-0,5-0,1 0,5 Net debt/ebitda 0,7 0,6 0,2 0,9 0,8 Q1/16 Q2/16 Q3/16 Q4/16 Q1/17 Q2/17 Q3/17 Employees Number of full-time employees and offshore ratio 46,7 47,2 47,4 47,9 48,6 49,0 49, Q1/16 Q2/16 Q3/16 Q4/16 Q1/17 Q2/17 Q3/17 Number of personnel Offshore ratio Number of personnel up by a net amount of 93 Offshore ratio: IT services 47.4% (45.9%) PDS 68.7% (62.5%) % MEUR Net cash flow from operations and capital expenditure 46,9-9,4-13,7-11,9 13,8 50,2 79,7-16,1-24,3-9,3-6,1-16,9 10,8-9,2 Q1/16 Q2/16 Q3/16 Q4/16 Q1/17 Q2/17 Q3/17 Net cash from operations Capital expenditure 23
24 Growth in local currencies by Service Line and Industry Group Service Lines MEUR MEUR Industry 150 Groups 125 (IT services) % 5% / 2%* 7% 6% 9% / 6%* 1% 10% Technology Services and Modernization Business Consulting and Integration Industry Solutions Product Development Services Financial Services Public, Healthcare and Welfare Industrial and Consumer Services Q3/16 Q3/17 Q3/16 Q3/17 24 *) Organic growth in local currencies (not shown for businesses where acquisition impact is not significant)
25 Service Lines New data-driven businesses *) Financial Services Public, Healthcare and Welfare Industrial and Consumer Services Business consulting & implementation Industry solutions Technology Services and Modernization Product Development Services 25 *) Reported in Industry Solutions
26 Technology Services and Modernization Customer sales in Q3 EUR 180 (179) million, +1%, growth of 1% in local currencies EBIT EBIT EUR 25.0 (24.2) million, 13.9% (13.5) Adjusted* EBIT EUR 24.9 (24.0) million, 13.8% (13.4) Q3 highlights Two-fold development in traditional services Decline in infrastructure services 3% Application services growth 6% Nine-month cloud sales up by 10% Security Services and GDPR supporting growth Service standardization and automation supported margin improvement and Q3 typically the strongest Q4 adjusted margin expected to stay at around H1/2017 level Q4/2016 exceptionally strong and included other income related to periodic Government grant MEUR ,2 10,8 13,4 14,1 10,9 11,9 13, Q1/16 Q2/16 Q3/16 Q4/16 Q1/17 Q2/17 Q3/17 Net of divestment and acquisitions Customer sales adjusted Adjusted* EBIT, % % *) adjusted for restructuring costs, capital gains/losses, goodwill impairment charges and other items
27 Business Consulting & Implementation Customer sales Q3 EUR 32 (30) million, +7%, growth of 7% in local currencies EBIT EBIT EUR 0.7 (-0.2) million, 2.3% (-0.6) Adjusted* EBIT EUR 0.9 (-1.5) million, 2.8% (-4.9) Q3 highlights Healthy growth in consulting services and Customer Experience Management across all industry groups In CEM, nine-month sales up by 30% Improvement in adjusted operating profit Billing rate improved Offering development investments reduced Q4 adjusted margin expected to clearly improve from Q4/2016 MEUR ,7 3,3-4,9 1,8 7,1 4,0 2, Q1/16 Q2/16 Q3/16 Q4/16 Q1/17 Q2/17 Q3/17 % Net of divestment and acquisitions Customer sales adjusted Adjusted* EBIT, % 27 *) adjusted for restructuring costs, capital gains/losses, goodwill impairment charges and other items
28 Industry Solutions Customer sales Q3 EUR 114 (106) million, +8%, growth of 9% in local currencies Organic growth in local currencies 6% EBIT EBIT EUR 16.6 (13.0) million, 14.5% (12.3) Adjusted* EBIT EUR 16.5 (13.2) million, 14.4% (12.5) Q3 highlights Good growth across Industry Groups, especially in Financial Services, Energy Utilities and Manufacturing Adjusted EBIT improved due to better efficiency and growth Offering development costs at Q3/2016 level, including EUR 1 million for Data-Driven Businesses Q4 sales anticipated to temporarily slightly decline Q4/2016 included a large delivery related to Tieto s Intelligent Transportation Solution an impact of around EUR 5 million on year-on-year comparison High comparison number for Financial Services Q4 adjusted operating profit and margin anticipated to improve from Q4/2016 MEUR ,4 10,9 12,5 15, ,0 9,0 14, Q1/16 Q2/16 Q3/16 Q4/16 Q1/17 Q2/17 Q3/17 Net of divestment and acquisitions Customer sales adjusted Adjusted* EBIT, % 3 % *) adjusted for restructuring costs, capital gains/losses, goodwill impairment charges and other items
29 Product Development Services Customer sales Q3 EUR 29 (26) million, +10%, growth of 10% in local currencies EBIT EBIT EUR 2.2 (1.7) million, 7.6% (6.4) Adjusted* EBIT EUR 2.2 (1.7) million, 7.5% (6.5) Q3 highlights Strong volume development with the largest key customers Good development especially in the Radio and Smart Traffic areas Resources in offshore locations continued to increased to meet demand Operating margin up due to improved billing ratio driven by growth while seasonally lower Q4 adjusted margin anticipated to be at normalized levels of close to 10% MEUR ,4 11,1 6,5 11,3 13,6 8,3 7, Q1/16 Q2/16 Q3/16 Q4/16 Q1/17 Q2/17 Q3/17 Net of divestment and acquisitions Customer sales adjusted Adjusted* EBIT, % % *) adjusted for restructuring costs, capital gains/losses, goodwill impairment charges and other items
30 Outlook Public
31 Performance drivers in 2017 IT services 1 9/2017 Growth 4%, faster than the market Efficiency programme affected cost base by around EUR 12 million Investment levels in offering development maintained at 2016 level Restructuring costs EUR 19 million Q Q4 dynamics Solid underlying trend Revenue: IS growth maybe temporarily negative EUR 5 million for large HSL project *) Q4/2016 Strong Financial Services in Q4/2016 Profit headwind of over EUR 5 million: Incentives anticipated to be above 2016 Q4/2016 Government grant not expected Full year We aim to grow faster than the market, growth supported by acquisitions Efficiency programme: impact of ~ EUR 20 million, annualized gross savings ~ EUR 40 million Offering development costs remain at the 2016 level and close to 5% of Group sales Restructuring costs 1 2% of Group sales Performance drivers in IT services in 2017 Adjusted EBIT 2016 Adjusted EBIT Sales growth and business mix change Growth investments Salary inflation Automation and industialization and other productivity gains *) Intelligent Transport Solution
32 Guidance for 2017 unchanged Tieto expects its full-year adjusted *) operating profit (EBIT) to increase from the previous year s level (EUR million in 2016). *) Adjusted for restructuring costs, capital gains/losses, goodwill impairment charges and other items 32
33 We continue to drive shareholder return above the industry average Positive financial development to continue Increased investments to support innovation and growth Attractive dividend policy Total Shareholder Return above industry average The leading Nordic software and services company with the aim to be customers first choice for business renewal 33 33
34 Appendix
35 Top 10 customers 2016 City of Stockholm Ericsson IF Insurance Kesko Nordea OP State Services (FI) S-Group Skåne Region Telia Company 35
36 Sales by Service Line IT services PDS not included Financial Services 36 % Technology Services and Modernization Business Consulting and Implementation Public Healthcare and Welfare 5 % 59 % Industry Solutions Technology Services and Modernization Industrial and Consumer Services 46 % 46 % Business Consulting and Implementation 23 % Technology Services and Modernization 8 % Industry Solutions 16 % 61 % Business Consulting and Implementation Industry Solutions 36
37 Sales by Industry Group IT services PDS not included Technology Services and Modernization 42 % 29 % Financial Services Public, Healthcare & Welfare Business Consulting and Implementation 29 % Industrial and Consumer Services 13 % Financial Services Industry Solutions 60 % 27 % Public, Healthcare & Welfare 25 % 28 % Financial Services Industrial and Consumer Services Public, Healthcare & Welfare 47 % Industrial and Consumer Services 37
38 Sales by Service Line 8 % Tieto Technology Services and Modernization 32 % 9 % 1 % 20 % 51 % Business Consulting and Implementation Industry Solutions Product Development Services Finland Technology Services and Modernization 28 % 17 % 8 % 47 % Sweden Technology Services and Modernization Business Consulting and Implementation Industry Solutions Product Development Services 10 % 69 % Business Consulting and Implementation Industry Solutions Product Development Services 38
39 Sales by Industry Group 8 % 25 % Tieto Financial Services 35 % 32 % Public Healthcare and Welfare Industrial and Consumer Services Product Development Services 17 % 22 % Sweden Financial Services Public Healthcare and Welfare 1 % 26 % Finland Financial Services 24 % 37 % Industrial and Consumer Services Product Development Services 42 % Public Healthcare and Welfare Industrial and Consumer Services 31 % Product Development Services 39
40
41 All information in this material is for informational purposes only. The opinions and viewpoints regarding, inter alia, the future of the company and markets are of Tieto and may not actually materialize. This information should not be construed as an investment recommendation or investment advice. All information expressed herein is subject to change without notice. Neither Tieto nor its officers nor employees shall have any liability for any loss sustained by anyone who has relied on the information provided.
Creating great everyday experiences
Creating great everyday experiences Consistently creating value to all stakeholders 2022 2019 Digital Experience acceleration 2012 Re-structuring 2014 Orienting for growth 2016-2018 Accelerating innovation
More informationTieto Strategy 2019 Kimmo Alkio
Tieto Strategy 2019 Kimmo Alkio President and CEO, Tieto Corporation Consistently creating value to all stakeholders 2018 Accelerate innovation and growth 2014 2016 Accelerate growth portfolio and M&A
More informationTieto strategy Delivering best customer experience and growth. Capital Market Day 25 November 2010 Helsinki, Finland
Tieto strategy 2015 Delivering best customer experience and growth Capital Market Day 25 November 2010 Helsinki, Finland Hannu Syrjälä President and CEO Content Markets Management agenda in 2010 how did
More informationCapital Market Day Realizing the data-driven world
Capital Market Day 2018 Realizing the data-driven world Customers first choice realizing the data-driven world Kimmo Alkio Attracting and retaining talent Katariina Kravi Leading the transformation in
More informationPresentation Q3 2017/18. July, 2018
Presentation Q3 2017/18 July, 2018 14/15 Q1 14/15 Q2 14/15 Q3 14/15 Q4 15/16 Q1 15/16 Q2 15/16 Q3 15/16 Q4 16/17 Q1 16/17 Q2 16/17 Q3 16/17 Q4 17/18 Q1 17/18 Q2 17/18 Q3 FINANCIAL REPORT Q3 2017/18 Dustin
More informationMarket dynamics and Tieto value creation in Kimmo Alkio
Market dynamics and Tieto value creation in 2012 2016 Kimmo Alkio Macro trends Social Changing demographics Data explosion Social networks Technology Mobility Cloud Big data Economic Efficiency Globalization
More informationAlma Media Q3/2018 Kai Telanne, President and CEO Juha Nuutinen, CFO
Alma Media Q3/2018 Kai Telanne, President and CEO Juha Nuutinen, CFO 25.10.2018 1 Agenda Performance highlights Advertising market development Business development by unit Financial position Strategy and
More informationFinancial Discussion. James Kavanaugh Senior Vice President and Chief Financial Officer IBM
Financial Discussion James Kavanaugh Senior Vice President and Chief Financial Officer IBM 1 IBM 2018 Investor Briefing Our differentiated value proposition is driven by innovative technology, industry
More informationInterim report Jan-Sep October, 2017
1 Interim report Jan-Sep 2017 23 October, 2017 Executive summary on development We follow our strategic plan Sales growth of 8% in Q3 Two acquisitions in 2017 Further efficiency improvements initiated
More informationFinancial targets breakdown Cost saving actions
Financial targets breakdown Cost saving actions Capital markets day 2017 N O V E M B E R 7-8, 2 0 1 7 N E W Y O R K Ericsson Internal 2017-10-06 Page 1 Carl Mellander CFO Ericsson Internal 2017-10-06 Page
More informationAnders Lidbeck, President & CEO. February 9, 2017
Anders Lidbeck, President & CEO February 9, 2017 Agenda Enea Intro Enea Financials Q416 Technology & Corporate Development Outlook A Catalyst for the Connected Society HEAD QUARTER KISTA, SWEDEN REVENUE
More informationSIMPLIFY OPERATIONS, SPEND SMARTER. May 2018
SIMPLIFY OPERATIONS, SPEND SMARTER May 2018 IMPORTANT NOTICE The following information contains, or may be deemed to contain, forward-looking statements. These statements relate to future events or future
More informationIntelligent energy and data solutions for tomorrow's world. Investor Presentation Q1 2018
Intelligent energy and data solutions for tomorrow's world Investor Presentation Q1 2018 A global leader in wiring systems and cable technology LEONI at a glance Industrial Solutions Business mix (in %
More informationPresentation Q4 2016/17. October, 2017
Presentation Q4 2016/17 October, 2017 FINANCIAL REPORT Q4 2016/17 Dustin at a Glance 200,000 hardware and software products sold online Net sales Software and services ~11% Hardware Clients Server Offline
More informationStifel Conference. Blake Moret Chairman and Chief Executive Officer. Patrick Goris Senior Vice President and Chief Financial Officer.
Stifel Conference Blake Moret Chairman and Chief Executive Officer Patrick Goris Senior Vice President and Chief Financial Officer June 12, 2018 SAFE HARBOR STATEMENT THIS PRESENTATION INCLUDES STATEMENTS
More informationSHAPE AND SHARE CRAMO GROUP
SHAPE AND SHARE CRAMO GROUP Carnegie Nordic Small & Mid Cap Seminar Leif Gustafsson, President and CEO Stockholm, 5 September 2018 CRAMO IN BRIEF STRONG RENTAL POSITION #2 #1 #2 in Europe in the Nordics
More informationPresentation Nordea Small & Mid Cap Seminar August, 2018
Presentation Nordea Small & Mid Cap Seminar August, 2018 14/15 Q1 14/15 Q2 14/15 Q3 14/15 Q4 15/16 Q1 15/16 Q2 15/16 Q3 15/16 Q4 16/17 Q1 16/17 Q2 16/17 Q3 16/17 Q4 17/18 Q1 17/18 Q2 17/18 Q3 CORPORATE
More informationAccelerating toward Amer Sports CMD 2015 // Heikki Takala, President & CEO
Accelerating toward 2020 // Heikki Takala, President & CEO What we will do today Confirm that our strategies are working Present a new strategic glidepath and building blocks for acceleration toward 2020
More informationHalf year financial report January-June Elisa Markula, CEO and Jukka Havia, CFO August 3, 2018
Half year financial report January-June 2018 Elisa Markula, CEO and Jukka Havia, CFO August 3, 2018 Disclaimer In this presentation, all forward-looking statements in relation to the company or its business
More informationPositive signs in net sales and good progress in product development. Tradedoubler. Interim report January June 2015 Stockholm, 23 July 2015
Positive signs in net sales and good progress in product development Tradedoubler Interim report January June 2015 Stockholm, 23 July 2015 Agenda Tradedoubler in brief A European Performance Marketing
More informationTXT e-solutions. Corporate Presentation March 2015
TXT e-solutions Corporate Presentation March 2015 2014: Another year of Growth Revenues: 55.9 m (+6.3%), 57% from Int l Operations EBIT: 5.5 m (+10%) Cash Flow from Op. 9.3% of Revenues NFP: 8.5m (+ Treasury
More information1H18 results and strategic progress update
1 AUGUST 2018 1H18 results and strategic progress update Half year ended 30 June 2018 1 Introduction Chris Weston CEO 2 Agenda Headlines 1H18 results review Strategic priorities Financial performance drivers
More informationCEO Mika Vehviläinen 20 March Annual General Meeting 20 March
CEO Mika Vehviläinen 20 March 2018 Annual General Meeting 2018 Annual General Meeting 20 March 2018 1 Cargotec s Extended Executive Board Mika Vehviläinen CEO Mikko Puolakka EVP, CFO Antti Kaunonen President,
More informationSIMPLIFY OPERATIONS, SPEND SMARTER. Handelsbanken Mid Cap Seminar 7 June 2017
SIMPLIFY OPERATIONS, SPEND SMARTER Handelsbanken Mid Cap Seminar 7 June 2017 IMPORTANT NOTICE The following information contains, or may be deemed to contain, forward-looking statements. These statements
More informationPresentation Q4 2017/18. October, 2018
Presentation Q4 2017/18 October, 2018 YEAR-END REPORT 2017/18 Dustin at a glance 255,000 hardware and software products sold online Net sales Software and services ~12% Hardware ~88% Hardware Clients Software
More informationSEB Nordic Seminar Executive Vice President, CFO Eeva Sipilä
SEB Nordic Seminar 2016 Executive Vice President, CFO Eeva Sipilä 7 January 2016 Cargotec in brief Today s leader in cargo handling equipment Cargotec Group Sales: EUR 2,753 million EBIT: 6.5% Services:
More informationEPG Conference. Blake Moret Chairman and Chief Executive Officer May 21, 2018
EPG Conference Blake Moret Chairman and Chief Executive Officer May 21, 2018 SAFE HARBOR STATEMENT THIS PRESENTATION INCLUDES STATEMENTS RELATED TO THE EXPECTED FUTURE RESULTS OF THE COMPANY AND ARE THEREFORE
More informationLawson Software Overview Rob Schriesheim, EVP and CFO
Lawson Software Overview Rob Schriesheim, EVP and CFO Q4 Fiscal 2008 Update July 2008 Use of Forward-Looking Statements This presentation contains forward-looking statements that contain risks and uncertainties.
More informationFor personal use only
RXP Services Annual General Meeting 19 October 2016 Items of Business A. Chairman and CEO Presentations 1. Discussion of Financial Statements and Reports 2. Consideration of Remuneration Report 3. Consideration
More informationPreliminary Results Presentation
Preliminary Results Presentation to 31st March 2018 Ian Barkshire Chief Executive Gavin Hill Group Finance Director Oxford Instruments plc Preliminary Results presentation 2018 Agenda 01: Highlights 02:
More informationEVRY A CULTURE FOR INNOVATION & GROWTH PER KRISTIAN HOVE, EXECUTIVE VICE PRESIDENT, EVRY NORGE
EVRY A CULTURE FOR INNOVATION & GROWTH PER KRISTIAN HOVE, EXECUTIVE VICE PRESIDENT, EVRY NORGE A leading Nordic technology provider 48 local offices in the Nordics 9 countries 8 545 employees 28% females
More information2014 Preliminary Results & Strategy Review Update March 12, 2015
2014 Preliminary Results & Strategy Review Update March 12, 2015 Agenda Highlights Richard Tyson, Chief Executive Officer Financial Review Mark Hoad, Chief Financial Officer Strategy Review - Update Richard
More informationFinancial and other information related to the intended combination of Intrum Justitia and Lindorff published by Intrum Justitia
Stockholm 12 June 08:10 CET (page 1 of 5) PRESS RELEASE Intrum Justitia AB (publ) Corporate identity no.:556607-7581 Financial and other information related to the intended combination of Intrum Justitia
More informationCRAMO GROUP SHAPING THE FUTURE SEB NORDIC SEMINAR 2019 COPENHAGEN, JANUARY 8, 2019 LEIF GUSTAFSSON, PRESIDENT AND CEO
CRAMO GROUP SHAPING THE FUTURE SEB NORDIC SEMINAR 2019 COPENHAGEN, JANUARY 8, 2019 LEIF GUSTAFSSON, PRESIDENT AND CEO AGENDA A sustainable business Business segments: Equipment Rental Modular Space Shape
More informationSummary Sanoma in transformation. Capital Markets Day 2012 Harri-Pekka Kaukonen President and CEO
Summary Sanoma in transformation Capital Markets Day 2012 Harri-Pekka Kaukonen President and CEO Managing the digital transformation Drive performance of current business Multi-platform and digital growth
More informationHalf-year figures Amsterdam, August 30th Sharing our DNA
Half-year figures 2018 Amsterdam, August 30th 2018 Sharing our DNA 1 Neways Electronics Safe harbor statement This presentation may include forward-looking statements. Other than reported financial results
More informationTCS Financial Results
TCS Financial Results Quarter IV & Year Ended FY 2017-18 April 19, 2018 1 Copyright 2018 Tata Consultancy Services Limited Disclaimer Certain statements in this release concerning our future prospects
More informationThe Board of Directors Report
The Board of Directors Report The Company's Activities in 2017 Submission of the Annual Report for approval 1 Our journey We started an ambitious journey in January 2016 Improving EBITDA trend towards
More informationIDEX ASA. DNB SME Conference, April 2017 IDEX.NO
IDEX ASA DNB SME Conference, April 2017 IDEX.NO DISCLAIMER This presentation includes and is based, inter alia, on forward-looking information and statements that are subject to risks and uncertainties
More informationFinancial Objectives. Forward Looking Statements. Symantec 2012 Financial Analyst Day 5/24/2012. James Beer. EVP & Chief Financial Officer
Financial Objectives James Beer EVP & Chief Financial Officer 1 Forward Looking Statements This presentation contains statements regarding our projected financial and business results, which may be considered
More informationWelcome to Synchronoss 3.0
Welcome to Synchronoss 3.0 Intralinks Acquisition Overview and Activation Divestiture December 6, 2016 1 2016 Synchronoss, Inc. All Rights Reserved Safe Harbor. Forward-Looking Statements This presentation
More informationINTERIM RESULTS. 6 months to 30 th June 2017
INTERIM RESULTS 6 months to 30 th June 2017 AGENDA Business overview Financial performance A revitalised, repositioned & repurposed B2B business Summary 2 BUSINESS OVERVIEW FINANCIAL HIGHLIGHTS Underlying
More informationA LEADING TECH COMPANY. March 2013
A LEADING TECH COMPANY March 2013 This document contains statements including forward looking statements regarding future performance of the Company. Analyst and investors must be aware that such statements
More informationTieto s growth solutions accelerating customers business renewal
Public Tieto s growth solutions accelerating customers business renewal @TietoCorp#tietoinvestors Lifecare leveraging digitalization for seamless care Largest end-to-end solution provider in the Nordics
More informationConference Title: Sanoma 1Q18 Interim Report Date: Friday, 27 April 2018 Conference Time: 11:00 (UTC+02:00)
Conference Title: Sanoma 1Q18 Interim Report Date: Friday, 27 April 2018 Conference Time: 11:00 (UTC+02:00) Hello, welcome to Sanoma first quarter 2018 results presentation. My name is Kaisa Uurasmaa,
More informationCloetta Roadshow November 2018 Henri de Sauvage-Nolting, President and CEO
Cloetta Roadshow November 2018 Henri de Sauvage-Nolting, President and CEO This is Cloetta 2 3 We bring a smile to your Munchy Moments Strong portfolio of local heritage brands 4 1909 1920 1928 1937 1941
More informationEVRY ASA Financial Services and Open banking. EVP Financial Services Wiljar Nesse
EVRY ASA Financial Services and Open banking EVP Financial Services Wiljar Nesse EVRY Creating digital advantage # 1 # 4 #1 Norway Sweden Financial services in the Nordics Revenue 12,6 BN NOK Committed
More informationInterim Report Q3/2007
SYSOPENDIGIA Plc Interim Report Q3/2007 30.10.2007 Juha Sihvonen Interim CEO SYSOPENDIGIA Plc 1 2007 SYSOPENDIGIA Plc Consolidated net sales (1-9) 2007 Net sales, EUR million 1-9/2007 1-9/2006 Telecommunications
More informationAvery Dennison Investor Presentation August 2014
Avery Dennison Investor Presentation August 2014 Unless otherwise indicated, the discussion of the company s results is focused on its continuing operations, and comparisons are to the same period in the
More informationSoftware AG announces offer for IDS Scheer
Software AG announces offer for IDS Scheer Analyst Presentation Karl-Heinz Streibich, CEO Arnd Zinnhardt, CFO July 14, 2009 Forward Looking Statement The information contained in this presentation has
More informationBuilder of Digital Ecosystems
Builder of Digital Ecosystems Digia Plc s Financial Statement Bulletin 2018 February 8, 2019 Financial Statement presentation 1 2 3 4 5 Summary Year 2018 Strategy implementation Market development Future
More informationIP Networks & Applications
IP Networks & Applications Creating Value Through Applications & Analytics Bhaskar Gorti President, Applications & Analytics Our market is different from Nokia s Networks businesses 1. More fragmented
More informationTieto Digitalization Journey. Your journey into the heart of digital
Tieto Digitalization Journey Your journey into the heart of digital Welcome Tieto aims to become customers first choice for business renewal as the leading Nordic software and Services Company. Digitalization
More informationDeutsche Bank German, Swiss & Austrian Conference
Deutsche Bank German, Swiss & Austrian Conference Arnd Zinnhardt CFO May 14, 2013 Safe-Harbor-Statement This presentation contains forward-looking statements based on beliefs of Software AG management.
More informationSummary of analyst presentation 24 July Dialight plc. Half year results 2017
Dialight plc Half year results 2017 Summary of analysts presentation by: Michael Sutsko, Chief Executive Fariyal Khanbabi, Chief Financial Officer Page 1 Positioned for long-term sustainable growth Michael
More informationInvestor Update Q Mar 2015
Passionate Employees Innovative Services Investor Update Q1 2015 Mar 2015 Delighted Customers Hexaware Technologies. All rights reserved. www.hexaware.com Safe harbor statement Certain statements on this
More informationAnalyst & Investor Conference Bruno Fankhauser Karl Gadesmann Martin Stüttem
Analyst & Investor Conference 2018 Bruno Fankhauser Karl Gadesmann Martin Stüttem Agenda 1 2017 at a glance 4 Wire & Cable Solutions (WCS) 2 Group 5 Outlook 3 Wiring System Division (WSD) 6 Questions &
More informationIntegrated Research Limited (IRI)
Integrated Research Limited (IRI) FY2017 Financial Results August 2017 ABN: 76 003 588 449 10 of the Top 10 US banks 125+ of the Fortune 500 6 of the Top 10 Automotive Companies Top Value Vendor 7 of the
More informationInterim Report 1-9/2012. CEO Pekka Eloholma
Interim Report 1-9/2012 CEO Pekka Eloholma 1 Forward-Looking Statements Certain sections of this presentation contain forward-looking statements based on the Affecto s current expectations, estimates,
More informationJuly 2013 A LEADING TECH COMPANY
July 2013 A LEADING TECH COMPANY This presentation may contain certain forward-looking statements, expectations and forecasts about the Company at the time of its elaboration. These expectations and forecasts
More informationInvestor Presentation March 2013
Investor Presentation March 2013 Safe Harbor Statement & Non-GAAP Measures Safe Harbor Statement Our commentary and responses to your questions may contain forward-looking statements, including our outlook
More informationTieto Telecom Application Cloud. -Telecom applications Software as a Service
Tieto Telecom Application Cloud -Telecom applications Software as a Service Welcome Tieto aims to become customers first choice for business renewal as the leading Nordic software and Services Company.
More information2018 Q1 Investor Relations Presentation
2018 Q1 Investor Relations Presentation Forward Looking Statements This presentation contains forward-looking statements. Statements that are predictive in nature, that depend upon or refer to future events
More informationSecond Quarter and Half Year 2016 Results. Wednesday, July 20, 2016
Second Quarter and Half Year 2016 Results Wednesday, July 20, 2016 Safe Harbor Statement Any statements contained in this document that are not historical facts are forward-looking statements as defined
More informationTradedoubler. Interim report January March May 2015
Tradedoubler Interim report January March 2015 5 May 2015 Agenda Tradedoubler in brief Confidence and opportunity in a rapidly changing world A European Performance Marketing leader We drive online sales
More informationBrightcove Inc. Investor Presentation. May 2017
Brightcove Inc. Investor Presentation May 2017 Safe Harbor Statement These slides and the accompanying oral presentation contain certain forward-looking statements" within the meaning of the Private Securities
More informationJukka Moisio, CEO. SEB Nordic Seminar 2017, Copenhagen January 10, 2017
Jukka Moisio, CEO SEB Nordic Seminar 2017, Copenhagen January 10, 2017 We re the global specialist in packaging for food and drink Net sales 2.8bn Comparable growth 4% EBIT margin 9% ROI 15% Our ambition
More informationContinued Growth Ströer Out-of-Home Media AG Investor Presentation Roadshow Stockholm, June
Continued Growth Ströer Out-of-Home Media AG Investor Presentation Roadshow Stockholm, June 7 2011 1 # 1 in underpenetrated and attractive growth markets #1 in GERMANY Europe s largest ad. market #1 in
More information2017 HALF-YEAR RESULTS
2017 HALF-YEAR RESULTS LIMITATION OF LIABILITY Forward-looking statement (Safe Harbour) This presentation contains forward-looking statements (made pursuant to the safe harbour provisions of the Private
More informationsecond QUARTER 2016 July 19, 2016
second QUARTER 2016 July 19, 2016 HELENA NORRMAN Senior Vice President Chief Marketing and Communications Officer SECOND QUARTER 2016 July 19, 2016 This presentation contains forward-looking statements.
More informationEDGEWARE Q EARNINGS CALL 10:00 FEBRUARY 1, 2019
EDGEWARE Q4 2018 EARNINGS CALL 10:00 FEBRUARY 1, 2019 TODAY S PRESENTERS KARL THEDÉEN CEO ANNIKA NORIN CFO 2 EDGEWARE 2019 AGENDA Q4 PRESENTATION 1. Results & highlights Q4 2. Financials in depth 3. Summary
More informationFinancial Review H Tim Jones Finance Director
Half Year Results 2017 1 Financial Review H1 2017 Tim Jones Finance Director 2 Income Statement H1 2017 H1 2016 m m Revenue 1,123 1,096 2.5% Operating costs (974) (940) Operating profit 149 156 (4.5)%
More informationFORWARD LOOKING STATEMENTS
1 FORWARD LOOKING STATEMENTS Certain statements included in this presentation are "forward-looking statements" within the meaning of the federal securities laws. Forward-looking statements are made based
More informationChina Telecom Corporation Limited
China Telecom Corporation Limited 31 March 2008 www.chinatelecom-h.com Forward-Looking Statements Certain statements contained in this document may be viewed as forward-looking statements within the meaning
More informationRamirent CMD 2011 Agenda
Ramirent CMD 2011 Agenda 09:00 Registration 09:35 Strategic review Magnus Rosén, CEO 10:00 Fleet management Mikael Kämpe, Director, Group Fleet 10:20 Group sourcing, Dino Leistenschneider, Director 10:40
More informationAvnet Presentation Raymond James 38 th Annual Institutional Investors Conference
William Amelio, Chief Executive Officer Vincent Keenan, Senior VP of Investor Relations March 7, 2017 Avnet Presentation Raymond James 38 th Annual Institutional Investors Conference 1 Safe Harbor Statement
More informationTCS Financial Results
TCS Financial Results Quarter III FY 2018-19 January 10, 2019 1 Copyright 2018 Tata Consultancy Services Limited Disclaimer Certain statements in this release concerning our future prospects are forward-looking
More informationKONE s Annual General Meeting February 24, 2014 Matti Alahuhta, President & CEO
KONE s Annual General Meeting 2014 Matti Alahuhta, President & CEO 2013: Strong overall progress 2013 2012 Historical change Comparable change Orders received MEUR 6,151.0 5,496,2 11.9% 14.1% Order book
More informationHCL TECHNOLOGIES EARNINGS PRESENTATION SECOND QUARTER FY 16 WHERE VALUES DRIVE VELOCITY
HCL TECHNOLOGIES EARNINGS PRESENTATION SECOND QUARTER FY 16-1 - Performance Snapshot ANANT GUPTA - 2 - In USD Mn Number Of Clients In USD Mn In USD Mn PERFORMANCE TRENDS (CALENDAR YEAR BASIS) REVENUE EBIT
More informationPreliminary Results for Year Ended 31 st July th November 2018
Preliminary Results for Year Ended 31 st July 2018 8 th November 2018 Presenting today 2 Index Page Introduction 4 Headline Numbers 5 Recap of actions since Half Year 6 Financial Results P&L 10 Financial
More informationFor personal use only
Integrated Research Limited (IRI) FY2017 Half Year Financial Results February 2017 ABN: 76 003 588 449 10 of the Top 10 US banks 120+ of the Fortune 500 6 of the Top 10 Automotive Companies 6 of the 10
More informationIntegrated Research Limited (IRI)
Integrated Research Limited (IRI) FY2017 Half Year Financial Results February 2017 ABN: 76 003 588 449 10 of the Top 10 US banks 120+ of the Fortune 500 6 of the Top 10 Automotive Companies 6 of the 10
More informationInvestor Presentation
Investor Presentation Michael Willome, Group CEO Baader Helvea Swiss Equities Conference Content Group overview & priorities Page 3 Segment performance, sales trend & outlook Page 10 Appendix: Leadership
More informationThird quarter and first nine months 2017 Results Release. October 19 th, 2017
Third quarter and first nine months 2017 Results Release October 19 th, 2017 Safe harbor statement Any statements contained in this document that are not historical facts are forward-looking statements
More informationRockwell Automation Company Overview January 2017
Rockwell Automation Company Overview January 2017 2 Safe Harbor Statement This presentation includes statements related to the expected future results of the company and are therefore forward-looking statements.
More informationFor personal use only
Integrated Research Limited (IRI) FY2016 Annual Financial Results August, 2016 ABN: 76 003 588 449 10 of the Top 10 US banks 120+ of the Fortune 500 6 of the Top 10 Automotive Companies 6 of the 10 biggest
More informationAnnual General Meeting of Shareholders
Annual General Meeting of Shareholders Nancy McKinstry CEO and Chairman of the Executive Board Forward-looking Statements This presentation contains forward-looking statements. These statements may be
More informationCommerzbank Sector Conference. Arnd Zinnhardt CFO. August 28, Software AG. All rights reserved.
Commerzbank 2013 Sector Conference Arnd Zinnhardt CFO August 28, 2013 Safe-Harbor-Statement This presentation contains forward-looking statements based on beliefs of Software AG management. Such statements
More informationTalend Investor Relations Presentation November 2017
Talend Investor Relations Presentation November 2017 2017 Talend SA 1 This presentation and the accompanying oral presentation contain forward-looking statements. All statements other than statements of
More informationSpeech Nancy McKinstry Annual General Meeting of Shareholders 2008 April 22, 2008 Okura Hotel Amsterdam
Speech Nancy McKinstry Annual General Meeting of Shareholders 2008 April 22, 2008 Okura Hotel Amsterdam Welcome and good morning. It is a pleasure to be here today to share our 2007 results and provide
More informationBaird 2018 Global Industrial Conference. Jim Lico President & CEO
Baird 2018 Global Industrial Conference Jim Lico President & CEO FORWARD-LOOKING STATEMENTS & NON-GAAP FINANCIAL MEASURES Statements in this presentation that are not strictly historical, statements regarding
More informationYear-end Report February 6, 2009 Skanska Year-end Report 2008
Year-end Report 1 February 6, 2009 Skanska Year-end Report JanuaryDecember in brief Revenue for the Group SEK 143.7 bn (138.8) Revenue in Construction SEK 139.5 bn (129.3) Up 8 percent in local currencies
More informationInterim Results Presentation
Interim Results Presentation 26 weeks ended 29 September 2018 Helen Connolly Stephen Alldridge CEO CFO Agenda Highlights Financial results Operational update Summary & outlook 2 Financial highlights Total
More informationTalend Investor Relations Presentation August 25, 2016
Talend Investor Relations Presentation August 25, 2016 2016 Talend SA 1 This presentation and the accompanying oral presentation contain forward-looking statements. All statements other than statements
More informationIBM Business Perspective 2013
IBM Business Perspective 2013 Patricia Murphy Vice President, Investor Relations 2009 IBM Corporation Certain comments made in this presentation may be characterized as forward looking under the Private
More informationDisclaimer. Important notice
XXL ASA Q1 2018 Disclaimer Important notice The following presentation is being made only to, and is only directed at, persons to whom such presentation may lawfully be communicated ( relevant persons
More informationEDB Business Partner ASA. First quarter 2004
EDB Business Partner ASA First quarter 2004 Q1 highlights Continuous profitability and cash flow improvements Cost reduction program on track Structural changes strengthen competitiveness Acquisition from
More informationTBR. HCL Technologies PROFESSIONAL SERVICES BUSINESS QUARTERLY SM INITIAL RESPONSE
PROFESSIONAL SERVICES BUSINESS QUARTERLY SM INITIAL RESPONSE HCL Technologies Third Calendar Quarter 2016 Second Fiscal Quarter 2017 Ended Sept. 30, 2016 Publish Date: Oct. 21, 2016 Author: Matthew O Blenes
More informationTCS Financial Results
TCS Financial Results Quarter I FY 2017-18 July 13, 2017 1 Copyright 2017 Tata Consultancy Services Limited Disclaimer Certain statements in this release concerning our future prospects are forward-looking
More informationF5 to Acquire NGINX. March 11, 2019
F5 to Acquire NGINX March 11, 2019 All rights reserved. F5, F5 Networks, and the F5 logo are trademarks of F5 Networks, Inc. in the U.S. and in certain other countries. Other F5 trademarks are identified
More information