Slide 1: Q3 2018
Q3, 2018 Addnode Group contributes to a digitized society where people, companies, government and organizations interact with the technology that surrounds us
Slide 2: Agenda
Agenda • Addnode Group • Q3 2018 • Summary • Significant events • Divisions • Financial position • Shareholders and share • Trends and Addnode Group as investment
Slide 3: Addnode Group
Addnode Group We are an international information technology company with 1,600 employees in 17 countries. Our customers use our digital solutions to design, build and manage products, buildings and infrastructure. In the public sector, our digital solutions enable effective management and communica
Slide 4: Digital solutions
2,880 296 1,600 56% 17 SEK M SEK M Recurring LTM Employees Countries Oct 2017 Net sales EBITA revenue Sept 2018 DESIGN PRODUCT LIFECYCLE PROCESS MANAGEMENT MANAGEMENT MANAGEMENT • Design and product data • Design, simulation and IoT • Operations planning and • BIM, project collaboration and • Produc
Slide 5: Summary Q3 2018: Growth and doubling of EBITA margin
Summary Q3 2018: Growth and doubling of EBITA margin Net sales, SEK M 648 (538) +21% EBITA, SEK M +160% 65 (25) EBITA margin 10.0 (4.7) procent Earnings per share 0.84 (0.03) SEK Cash flow from operating activities -61 (-78) MSEK
Slide 6: Earnings distribution, Q3 2015 – Q3 2018, SEK M
Earnings distribution, Q3 2015 – Q3 2018, SEK M
Slide 7: Net sales and EBITA, quarterly trend SEK M
Net sales, quarterly trend SEK M EBITA, quarterly trend SEK M 7
Slide 8: Significant events Q3, 2018
Significant events Q3, 2018 • Acquisition of software company Landborgen, with SEK 10 m in net sales. • Acquisition of British Autodesk partner Cadassist, with SEK 110 m in net sales.
Slide 9: Landborgen
4° Landborgen Hem Produkter Kundprojekt Nyheter Support Om Landborgen Kontakt Kundreferenser: c¥Ho THERMOPANEL. °3% WScandlines & y “i ¢ ; = NATURa Malm stad KULTUR TietoEnator® é LUND Sigtuna GOTLANDS Ex Sundbybergs stad A VARMDO KOMMUN ee } Oslo kommune KOMMUN " i) JONKOPINGS Goteborgs Grade Mirfi
Slide 10: Cadassist 3D design and data management
3D DESIGN AND DATA MANAGEMENT CREATING TIME E€ Cadassist Press Read the
Slide 11: Summary Jan-Sept 2018: Good growth and strongly improved earnings
Summary Jan-Sept 2018: Good growth and strongly improved earnings Net sales, SEK M 2,102 (1,742 ) +21% EBITA, SEK M +75% 193 (110) EBITA margin 9.2 (6.3) procent Earnings per share +135% 2.70 (1.15) SEK Cash flow from operating activities 171 (81) MSEK +111%
Slide 12: Three divisions
Three divisions Design Management Product Lifecycle Management Process Management SERVICE WORKS GLOBAL INTRINSYS ADTOLLO INPORT SYMETRI COLLABORATION TECHNIA TRANSCAT ARKIVA KOMPANION SYMETRI CANELLA MITTBYGGE DECERNO SOKIGO EVITBE STAMFORD ESSVISION VOICE PROVIDER FORSLER STJERNA IDA INFRONT 12 ADD
Slide 13: Design Management
Design Management Design Management develops and provide software and services for design, product data management, project collaboration and property management to customers in the Nordic countries, Great Britain, Australia and Canada. Q3 Q3 Jan-Sept Jan-Sept 2018 2017 2018 2017 Net sales, SEK M 21
Slide 14: Product Lifecycle Management (PLM)
Product Lifecycle Management (PLM) PLM develops and provides software and services for design, simulation, IoT and product life cycle management to customers in the Nordic region, Germany, the United Kingdom and the United States. Q3 Q3 Jan-Sept Jan-Sept 2018 2017 2018 2017 Net sales, SEK M 264 213
Slide 15: Process Management
Process Management Process Management develops and provides software and services for government management, e-archiving, information management and citizens dialogue to customers in Sweden and Norway. Q3 Q3 Jan-Sept Jan-Sept 2018 2017 2018 2017 Net sales, SEK M 169 151 +12% 562 503 EBITA, SEK M 24
Slide 16: Cash Flow Q3 and Jan-Sept 2018
Cash Flow Q3 and Jan-Sept 2018 Q3 Q3 2018 2017 SEK M 2018 2017 Jan-Sept Jan-Sept Cash flow from operating activities before changes in working capital 48 19 139 95 Total change in working capital -109 -97 32 -14 Cash flow from operating activities -61 -78 171 81 Cash flow from financing and investin
Slide 17: Financial position
Financial position 242 SEK M 171 MSEK Net debt Cash flow from operating activities September 30, 2018 1 Januari – 30 September 2018 323 SEK M 45% Liquid funds Equity/assets ratio September 30, 2018 September 30, 2018
Slide 18: Largest shareholders 2018-09-30
Largest shareholders 2018-09-30
Slide 19: 12% YoY growth since 2007
12% YoY growth since 2007 SEK M 3 500 11,1% 10,2% 12,0% 10,3% 9,5% 9,9% 3 000 10,9% 10,0% 8,8% 8,4% 2 500 7,8% 8,0% 6,6% 6,4% 2 000 7,7% 6,0% 1 500 4,0% 1 000 500 2,0% 0 0,0% 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Q3 2018 LTM Net sales EBITA margins* * * Excl. Capital gains and reval
Slide 20: Digitalization and globalization drives demand
Digitalization and globalization drives demand Demography Technology Market Increased Visualization Collaboration Automation Population Competition Urbanization/ Simulation IoT and Price Smart Cities Pressure
Slide 21: The Addnode Group Story: From Sweden to the World
The Addnode Group Story: From Sweden to the World Growth International Trends in our favour Digitalization Urbanization +12% Vizualisation YoY Automation Growing Product Portfolio Industry leaders Acquisition driven growth Design & PLM Facility Management Public sector +50
Slide 22: Addnode Group
ADDNODE GROUP