Fondia Oyj · OMXHEX:FONDIA
Fondia Oyj — H1 2022 Earnings Presentation
13 slides from Fondia Oyj's earnings presentation, Aug 25, 2022
Slide 1: Business review Q2 and H1 2022
25.8.2022 Harri Savolainen Business review Q2 and H1 2022
Slide 2: Welcome: CEO's review
WELCOME CEO’s review CEO • 2022 focus Harri Savolainen • H1/2022 key figures • H1 /2022 highlights • Customers • Digital Law Story • Fondians and company culture • Market views 2022
Slide 3: Focus 2022
Focus 2022 Stronger leadership of business Strengthening proactive sales Improving customer experience and creating more value Employee engagement and professional development Operative focus Profitable execution Efficiency of actions
Slide 4: Key figures Q2/2022
KEY FIGURES Q2/2022 • Net sales 6.0 M€ (5.4), change 12.0% • EBITDA 0.6 M€ (0.5) • EBITDA-% 9.8% (9.0) • Operating profit (EBIT) 0.4 M€ (0.3) • Operating profit-% (EBIT-%) 6.7% (5.7) • Number of employees (average FTE) 147 (133), change 10.5%
Slide 5: Key figures H1/2022
KEY FIGURES H1/2022 • Net sales 12.2 M€ (10.7), change 15.0% • EBITDA 1.2 M€ (1.0) • EBITDA-% 9.9% (9.1) • Operating profit (EBIT) 0.9 M€ (0.6) • Operating profit-% (EBIT-%) 7.0% (6.0) • Number of employees (average FTE) 145 (129), change 12.4%
Slide 6: Main points H1/2022
MAIN POINTS H1/2022 Net sales increased well and profitability improved Sales Employees Focus Focused execution paid off Leadership Execution Cost awareness Still potential in operative efficiency and profitability Productivity and creating value Commercialims and synergy in co
Slide 7: Customers H1/2022
Customers H1/2022 Sales and service model functioned well Geopolitics influenced our customer’s business Sweden continued very strong growth Continuity as a driver for growth
Slide 8: Customers: ongoing services
Customers ONGOING SERVICES +20.1% Net sales - Net sales - ongoing ongoing services customers ONGOING Ongoing services Other Ongoing customers Other CUSTOMERS +23.0% 47 % 77 % ONGOING CUSTOMERS % SHARE +5%-points 53 % 23 %
Slide 9: Customers: healthy net sales
Customers HEALTHY NET SALES Net sales - Top 10 Net sales - INTERNATIONAL customers International NET SALES Top 10 Others Finland Sweden & Baltics +35.0% 17 % INTERNATIONAL 75 % NET SALES % SHARE +4%-points 25 % 83 %
Slide 10: Fondians and company culture H1/2022
Fondians and company culture H1/2022 Investing in individual leadership Concrete support to professional development Systematic development of employer brand and optimizing recruitment tools Renewing Finnish leadership structure
Slide 11: Digital Law Story H1/2022
Digital Law Story H1/2022 Legal Health Check: finalized and piloting Onboarding: validated and piloting to begin VirtualLawyer: planned and validation has begun One centralised digital service New MyFondia: during early 2023 Legal Tech and Design: customer work expanding VirtualLawyer Mark
Slide 12: Market views 2022
Market views 2022 Geopolitics and safety concerns cause uncertainty – The importance of jurisdiction is highlighted during the times of change High inflation causing diverse consequences Working culture is changing its shape Fondia is expecting 2022 net sales and operating profit to increase
Slide 13: Thank you!
Thank you!