Slide 1: Positive trend despite slow market recovery
Positive trend despite slow market recovery Year-end report January – December 2024 I N V E S T O R P R E S E N T A T I O N / F E B R U A R Y 2 0 2 5 Information Classification: INTERNAL
Slide 2: Today's presenters
Today’s presenters: Per Wallentin Marie Björklund CEO & President CFO
Slide 3: Signs of a better market, but challenges remain
Q4 in brief: Continued positive trend in Solutions Signs of a better and stable delivery in Connectivity market, but Experience and Insight still challenged by a weak market and performing under expectations challenges remain Early signs of improvement in Sweden and we outperform our peers in Finlan
Slide 4: Solutions
Operations Business area Solutions Nordic market leader in systems development Continued positive trend with utilisation rates improving and a small margin increase Market situation differ between countries with Norway being more stable than the others We perform very well in Finland relative our pe
Slide 5: Experience
Marketing & sales Business area Experience The largest digital agency in the Nordic region Market challenges continues putting pressure on margins in the quarter Work to optimize and trim the organisation has continued into 2025 Strong sales focus pay off and we maintain our position as the leading
Slide 6: Connectivity
Research & development Business area Connectivity Supporting a connected world Fast adaption to changing client demands, important to ensure performance Attractive Polish near-shore offering support the overall performance Investments in sales capacity compensate for some clients downsizing and supp
Slide 7: Insight
Management teams Business area Insight Management consultants from strategy to implementation Finding a balance between growth in areas, such as defence and cyber security, and cost control in other is a key Market in Finland remain highly challenging leading to lower than expected result Transforma
Slide 8: Q4 and 2024 in figures
Q4 and 2024 in figures
Slide 9: Financial quarter October–December 2024
Financial quarter October–December 2024 1,641.9 106.6 6.5 % Net sales decreased Adjusted EBITA The adjusted EBITA by 10.0% (1,824.0) million decreased compared to last margin decreased to 6.5% (8.1) year (147.7 million)
Slide 10: Financial year January–December 2024
Financial year January–December 2024 6,415.7 395.0 6.2 % Net sales decreased Adjusted EBITA The adjusted EBITA by 9.6% (7,097.4) million decreased compared to last margin decreased to 6.2% (7.0) year (497.5 million)
Slide 11: Revenues and EBITA Adjusted development
Revenues and EBITA Adjusted development
Slide 12: Net debt development
Net debt development Net debt development Healthy balance sheet and solid financial position Net debt of 624 MSEK Within the frame of our financial target of maximum 2x EBITDA Leases of new premises impact other liabilities (IFRS)
Slide 13: Strong and diversified important in unsecure market
Sales per client segment Strong and diversified important in unsecure market We have a solid and broad platform, decreasing market risk We still experience the intensified competition in the public Byt till nya! sector, particularly in Sweden General improvement in the retail sector Solid developmen
Slide 14: In summary
In summary Continued positive trend in Solutions with improved utilization and margins Market recovery still slow, but first signs of improvement in Sweden Focus on enhanced sales efforts and optimizing the organisation Strong positioned and platform when the market improves
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