12 slides from Cgi Inc. Class A's earnings presentation, Jan 29, 2020
Slide 1: First Quarter Fiscal 2020 Results
FIRST QUARTER FISCAL 2020 RESULTS For the three month period ended December 31, 2019 January 29, 2020 © CGI Inc.
Slide 2: Forward-looking information and statements
Forward-looking information and statements Our presentations contain “forward-looking information” within the meaning of Canadian securities laws and “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and other applicable United Stat
Slide 3: George D. François and Schindler Boulanger
GEORGE D. FRANÇOIS SCHINDLER BOULANGER President and Executive Vice-President and Chief Executive Officer Chief Financial Officer © CGI Inc. 3
Slide 4: Q1 Fiscal 2020 Results
Q1 Fiscal 2020 Results vs Q1 F2019 Revenue $3.05B 3.1% Constant currency growth 4.8% Adjusted EBIT $474.1M 8.0% Adjusted EBIT margin 15.5% 70 bps Net earnings $290.2M 6.8% Net earnings margin 9.5% 100 bps Net earnings excluding specific items* $334.9M 6.4% Net earnings margin excluding specific item
Slide 5: Strong Q1 Fiscal 2020 Results
Strong Q1 Fiscal 2020 Results Revenue Adjusted EBIT and margin +4.8% @ $3,055 $474 constant currency +8.0% Cash provided by operating activities $2,964 $439 (in dollars and % of revenue) 14.8% 15.5% $465 +18.8% Q1 F2019 Q1 F2020 Q1 F2019 Q1 F2020 Net earnings and margin, Diluted EPS excluding specif
Slide 6: $12.4B in LTM bookings, book-to-bill of 101%
$12.4B in LTM bookings, book-to-bill of 101% New Extensions, renewals business & add-ons 24% Q1 F2020 $2.7B 90% 76% BOOKINGS BOOK-TO-BILL CONTRACT TYPE New business 29% LAST TWELVE MONTHS $12.4B 101% 71% Extensions, renewals & add-ons © CGI Inc. 6
Slide 7: Cash provided by operating activities
Cash provided by operating activities Q1 F2020 $465M 15.2% $1.70 CASH FLOW % OF REVENUE PER SHARE LAST TWELVE MONTHS $1.7B 14.0% $6.20 * Cash provided by operating activities per diluted share (non GAAP) is a measure of our cash provided by operating activities on a per share basis, assuming all dil
Slide 8: Adj. EBIT of $474.1 million, up $35 million; margin of 15.5%
Q1 Fiscal 2020 Results Adj. EBIT of $474.1 million, up $35 million; margin of 15.5% In millions Adjusted EBIT $600 Adjusted EBIT margin 15% 15.5% $500 12% $400 9% $300 6% $200 3% $100 $0 0% Adjusted EBIT and adjusted EBIT margin are non-GAAP measures for which we provide the reconciliation to their
Slide 9: GAAP Net earnings of $290.2M – diluted EPS of $1.06
Q1 Fiscal 2020 Results GAAP Net earnings of $290.2M – diluted EPS of $1.06, net margin 9.5% $1.40 12% GAAP Diluted EPS GAAP Net earnings Margin 9.5% $1.20 10% $1.00 8% $0.80 6% $0.60 4% $0.40 2% $0.20 $0.00 0% © CGI Inc. 9
Slide 10: Net earnings excluding specific items of $335M – diluted EPS of $1.23
Q1 Fiscal 2020 Results Net earnings excluding specific items of $335M – diluted EPS of $1.23, up 9.8% from Q1-F2019 $1.40 12% Diluted EPS - excl. specific items 11.0% Net Margin - excl. specific items $1.20 10% $1.00 8% $0.80 6% $0.60 4% $0.40 2% $0.20 $0.00 0% Net earnings, net earnings margin and
Slide 11: Net debt at $2.8B or 27.7% net debt to capitalization ratio
Q1 Fiscal 2020 Results Net debt at $2.8B or 27.7% net debt to capitalization ratio In millions $3,500 45% Net debt Net debt to capitalization ratio Excluding impact of IFRS 16 in Q1 F2020, 40% $3,000 net debt to capitalization ratio would be 20.9% 35% $2,500 27.7% 30% $2,000 25% $1,500 20% 15% $1,00
Slide 12: Contact investor relations team to continue the conversation
Contact investor relations team to continue the conversation Lorne Gorber Executive Vice-President, Investor and Public Relations lorne.gorber@cgi.com +1 (514) 841-3355 For more information: CGI.com/investors © CGI Inc. 12