Slide 1: Earnings Call Q2/H1 '24
www.nagarro.com Earnings Call Q2/H1 ’24
Slide 2: Disclaimer
Disclaimer The information contained in this document is provided as of the date of its publication and is subject to change without notice. This presentation contains preliminary figures and forward-looking statements. Forward-looking statements may be identified by words such as “expect”, “forecas
Slide 3: Our Mission Statement
Our Mission Statement: To make distance and difference irrelevant between intelligent people 3 3
Slide 4: Q2 2024, described
Q2 2024, described Demand holding steady amidst tough macro environment High client satisfaction driven by superior client experience Clients generating revenue > €1mn continued to increase Interest in data- and AI-led transformation continues to be strong Attrition levels close to historical averag
Slide 5: Q2 2024, by the numbers
Q2 2024, by the numbers €244m 2.1% 7.6% 30% €35m revenue QoQ revenue growth YoY revenue growth gross margin(1) adjusted EBITDA in constant currency in constant currency Industries’ YoY growth range Segments YoY growth range 40% -3% 11% -2.5% 14% public, non-profit & mgmt consulting rest of world res
Slide 6: Diversification is our shield
Diversification is our shield Revenue by industry Revenue by customers 6% (PY 6%) Telecom, Media and Entertainment 14% 6% (PY 7%) 22% (PY 22%) Top5 Mgmt Consulting & Business Info Automotive, Mfg. 7% (PY 7%) and Industrial 10% Horizontal Tech 14% (PY 14%) Top 6-10 7% (PY 8%) €244m Retail & CPG €244m
Slide 7: Rest of World continues to gain
Rest of World continues to gain Revenue by geography Personnel worldwide 23% 18,301 Central Europe 28% Total professionals, of which... Rest of World (Germany is 22%) (PY 23%) (PY 28%) €244m Q2’24 North America 13% Rest of Europe 16,772 Professionals in engineering (PY 35%) 36% (PY 14%) Central Euro
Slide 8: Net liabilities and cash flows healthy
Net liabilities and cash flows healthy Net liability €m Cash flow €m 1.1x 1.7x 1.5x -16.2 8.8 162.2 213.3 209.9 48.7 46.7 55.8 15.4 27.6 18.8 274.7 284.6 216.5 -13.7 -50.4 -5.1 -110.2 -110.1 -121.4 Financial liabilities include drawdown on syndicated credit facility, working capital facilities, Net
Slide 9: QW an
QW an
Slide 10: Thank you
Thank you © Nagarro