Enea Ab · OMXSTO:ENEA
Enea Ab — Q3 2010 Earnings Presentation
19 slides from Enea Ab's earnings presentation, Oct 28, 2010
Slide 1: Enea Q3 Financial Result 2010
Enea Q3 Fi Financial i l Result R lt 2010 Per Åkerberg, President and CEO O t b 28 October 28, 2010
Slide 2: Leader in Communications Software & Services
Leader in Communications Software & Services Revenue per segment (2009) Enea Consulting Global software and F ll product Full d t lif life cycle l services company software development focused on solutions for Outsourcing capabilities Training communication-driven communication driven Solution cente
Slide 3: Global Footprint – Global Customers
Global Footprint – Global Customers 3
Slide 4: Third quarter & first nine months 2010
Third quarter & first nine months 2010 4
Slide 5: Revenues have stabilized
Revenues have stabilized MSEK Revenue Revenue per customer segment 51% Telecom infrasturcture 14% Wireless devices 11% Aero/Defense 24% Other 1/09 2/09 3/09 4/09 1/10 2/10 3/10 Q3/10 Q3/09 9M/10 9M/09 Revenue (MSEK): 166.1 172,4 545 582.6 Growth (%) -3.7 -16.7 -6.5 -12.5 Growth (%) (exl. currency ef
Slide 6: Profit continues to improve
Profit continues to improve Operating profit Earnings and Equity per Share (before non-recurring items) MSEK Earnings/share, SEK Eq/share, SEK Earnings per share Equity per share 1/09 2/09 3/09 4/09 1/10 2/10 3/10 1/08 2/08 3/08 4/08 1/09 2/09 3/09 4/09 1/10 2/10 3/10 Q3/10 Q3/09 9M/10 9M/09 Operati
Slide 7: Software: Revenue growth and improved margins
Software: Revenue growth and improved margins Type of revenue Software accounted for 51% of the total MSEK revenue in Q3 Q3. Revenue of 84.8 MSEK in Q3 resulting in Other Royalty 1.8% growth. License sales License sales on same level as in Q3/09. Royalty based revenue increased over Q3/09. 1/0
Slide 8: Software: Sales Distribution
Software: Sales Distribution Revenue per geography Revenue per product 67% Real time operating systems 84% EMEA 9% Middleware 10% North America 16% P Product d t related l t d services i 6% Asia 8% Other Revenue per customer segment 66% Telecom infrastructure 13% Wireless devices 21% Other 8 All num
Slide 9: Software: Business highlights
Software: Business highlights Closed 9 software design-wins. A leading telecoms supplier invested SEK 20 million over three years. Will migrate its current telecoms applications platform to a multicore based platform This migration has been made possible thanks to Enea H platform. Hypervisor, pe
Slide 10: Consulting: Recovery continues
Consulting: Recovery continues Revenue Consulting accounted for 49% of the total MSEK revenue in Q3 Q3. Revenue of 95.2 MSEK in Q3 resulting in a 4.6% decline. Improved profitability in all regions. Growth in US and Romania. Positive trend in Stockholm and Linköping. The recovery in Öresund is
Slide 11: Consulting: Sales Distribution
Consulting: Sales Distribution Revenue per geography Revenue per customer segment 66% Nordic 30% Telecom infrastructure 12% Romania 14% Wireless devices 22% North America 19% Aero/Defense 11% Group internal 26% Other 11 All numbers for Q3 2010, Consulting
Slide 12: Consulting: Business highlights
Consulting: Business highlights Several deals with key accounts within telecom, a defense company and a solar heat technology manufacturer. Enea has opened a competence center in Linköping in order to take full advantage of the opportunity presented by the rapid growth of the M2M market (Machine
Slide 13: Continued Strong Financial Position
Continued Strong Financial Position C Cashh flflow ffrom operations ti amounted t d tto C h flflow Cash 26.1 MSEK (-2.2) for Q3 (from operations) MSEK Cash and cash equivalents at the end of the period were 202.5 MSEK (132.7) Enea has unused credits amounting to 100 MSEK The equity/assets ra
Slide 14: Way Forward
Way Forward 14 ENEA
Slide 15: Technology Development Drives Demand
Technology Development Drives Demand Telecom Infrastructure Wireless Devices - IP-based IP based services - Growth in emerging markets driving networks towards “all IP” brings down price per phone - Application specific processors – - Apple and Google reshaping the market multicore and hw accele
Slide 16: Enea's great opportunity
Enea’s Enea s great opportunity Excellence through g focus - Two business units; Enea Software & Enea Consulting to create clarity and value for customers, employees and shareholders - Build on Enea’s strong position for RTOS - Build B ild on Enea’s E ’ strong t position iti ffor consulting lti ii
Slide 17: Market Outlook
Market Outlook Software: - The underlying demand for Enea products and services remains good - Technology development means major, long-term investments for Enea's customers Consulting: - Demand is increasing in 2010 Financial outlook: - Stable development in revenue and significantly improved
Slide 18: Why invest in Enea?
Why invest in Enea? Market drivers for g growth are evident Enea share An industry leader in the telecom market Shareprice, SEK Volume traded, No. of shares Technology to meet future demand in place p Strong skill set with local consultancy presence Financial backing to increase growth thr
Slide 19: THANK YOU!
THANK YOU! For further information, please contact: Per Åkerberg Åkerberg, CEO, CEO per.akerberg@enea.com per akerberg@enea com Lars Kevsjö, CFO, lars.kevsjo@enea.com Catharina Paulcén, VP CorpComm catharina.paulcen@enea.com Phone: +46 8 507 140 00