Allgeier Se · XETR:AEIN
Allgeier — Baader Investment Conference 2023
44 slides from Allgeier's conference presentation, Sep 20, 2023
Slide 1: Investor Presentation
allgeier.com Investor Presentation September 20, 2023 Baader Investment Conference, Munich
Slide 2: Agenda
2 allgeier.com 1 | Allgeier at a glance 2 | Market trends 3 | Business overview 4 | Group financials 5 | Value creation highlights
Slide 3: Allgeier at a glance
3 1 allgeier.com Allgeier at a glance 3
Slide 4: Allgeier digitalizes mission-critical enterprise processes
Allgeier at a glance | Market trends | Business overview | Group financials | Value creation highlights Allgeier is a software and IT services company specialized in 4 allgeier.com the digitalization of mission-critical enterprise processes Allgeier has built € 480 m Revenue 20221 Broad customer bas
Slide 5: Cutting-edge, market-leading technologies and key future trends
Allgeier at a glance | Market trends | Business overview | Group financials | Value creation highlights Allgeier focuses on cutting-edge, market-leading technologies 5 allgeier.com & key future trends Low-code Cloud/ Microsoft ERP Software development Containerization & Azure Cloud A12 Enterprise Lo
Slide 6: Sustainable growth and continued increase in value
Allgeier at a glance | Market trends | Business overview | Group financials | Value creation highlights Allgeier shows sustainable growth and continued increase in value 6 allgeier.com Revenue1,2 in € m Share performance2 in € 856 546 430 784 688 574 446 498 480 376 352 403 2014 2015 2016 2017 2018
Slide 7: Successful buy & build track record
Allgeier at a glance | Market trends | Business overview | Group financials | Value creation highlights Allgeier has a successful buy & build track record to support its growth 7 allgeier.com • Since 2003 we have acquired >80 companies & 1 created larger entities to support value creation • During t
Slide 8: Market trends
8 2 allgeier.com Market trends
Slide 9: Driven by major software & IT services market trends
Allgeier at a glance | Market trends | Business overview | Group financials | Value creation highlights Allgeier is driven by major software & IT services market trends 9 allgeier.com and the huge demand for digital transformation € 90.9bn > € 3.3bn $ 2,160bn 2023 2021/2022 2023 German IT & software
Slide 10: Growth of the software & IT services market
Allgeier at a glance | Market trends | Business overview | Group financials | Value creation highlights Allgeier benefits from the continuous growth of the software & 10 allgeier.com IT services market and the huge demand for digital transformation Revenue from IT services in Germany1 in € bn Revenu
Slide 11: Business overview
11 3 allgeier.com Business overview
Slide 12: Two segments with strong, well-established brands
Allgeier at a glance | Market trends | Business overview | Group financials | Value creation highlights Allgeier organizes its software & IT services in two segments 12 allgeier.com with strong & well-established brands mgm technology partners mgm consulting partners mgm integration partners mgm sec
Slide 13: Allgeier Enterprise IT
13 IT Allgeier allgeier.com Enterprise IT
Slide 14: Allgeier Enterprise IT specialized in digital transformation
Allgeier at a glance | Market trends | Business overview | Group financials | Value creation highlights IT Allgeier Enterprise IT is specialized in digital 14 allgeier.com transformation projects with recurring nature at the core of the customers’ operations Full-range IT solutions & software € 374
Slide 15: Allgeier Enterprise IT supports clients in digitalization
Allgeier at a glance | Market trends | Business overview | Group financials | Value creation highlights IT Allgeier Enterprise IT supports its clients 15 allgeier.com in the digitalization and optimization of their digital business processes along the entire value chain Focused on large IT & softwar
Slide 16: Allgeier Active Cyber Defense Service
Allgeier at a glance | Market trends | Business overview | Group financials | Value creation highlights IT Allgeier Active Cyber Defense Service 16 allgeier.com Detect cyber attacks early - and defend against them! • Time is the crucial factor in a hacker attack - the longer an “Active Cyber Defense
Slide 17: Success Story: Wirtschafts-Service-Portal NRW
Allgeier at a glance | Market trends | Business overview | Group financials | Value creation highlights IT Success Story 17 allgeier.com Open-source Software Development: Public Administration as a Service - Wirtschafts-Service-Portal NRW • The WSP.NRW relieves all 396 municipalities in the state of
Slide 18: Success Story: dParkingPartner smart city app
Allgeier at a glance | Market trends | Business overview | Group financials | Value creation highlights IT Success Story 18 allgeier.com IoT: Citizens and tourists benefit from “dParkingPartner” smart city app • Dataport is the public law institution of the five northern German states for the digita
Slide 19: Success Story: Industry-specific ERP solutions
Allgeier at a glance | Market trends | Business overview | Group financials | Value creation highlights IT Success Story 19 allgeier.com Industry-specific ERP solutions: Intelligent omnichannel strategy as growth driver • Leinweber Baucentrum is one of the most innovative building materials retailer
Slide 20: Success Story: Workflow management
Allgeier at a glance | Market trends | Business overview | Group financials | Value creation highlights IT Success Story 20 allgeier.com Workflow management: Digitization of business processes as a success factor • Allgeier’s proprietary workforce management software metasonic® was established at Rö
Slide 21: Success Story: Document management
Allgeier at a glance | Market trends | Business overview | Group financials | Value creation highlights IT Success Story 21 allgeier.com Document management: Central collaboration platform based on our proprietary software • Building a central document collaboration platform for Vodafone in Germany
Slide 22: Success Story: Asset Management with SAP and EvoSuite
Allgeier at a glance | Market trends | Business overview | Group financials | Value creation highlights IT Success Story 22 allgeier.com Asset Management with SAP and EvoSuite: Mobile maintenance & work order management • Support technicians in the field with SAP Asset Manager & EvoSuite • Implement
Slide 23: Success Story: eGovernment in the judiciary
Allgeier at a glance | Market trends | Business overview | Group financials | Value creation highlights IT Success Story 23 allgeier.com eGovernment: Cross-state digitalization in the judiciary with e-file system and portal for billions of documents • Replacing paper-based processes & implementation
Slide 24: Large digital transformation projects with recurring nature
Allgeier at a glance | Market trends | Business overview | Group financials | Value creation highlights IT Allgeier Enterprise IT is specialized in large digital transformation 24 allgeier.com projects with recurring nature at the core of the customers’ operations Customer diversification1 Number of
Slide 25: Enterprise IT increases earnings & margins
Allgeier at a glance | Market trends | Business overview | Group financials | Value creation highlights IT Allgeier Enterprise IT continues increase in earnings & margins 25 allgeier.com Revenue1 in € m Gross profit & margin1 in € m Adj. EBITDA & margin1,2 in € m +16%3 30% 12% 29% 10% 25% 8% 374 111
Slide 26: mgm technology partners
26 mgm mgm-tp.com technology partners
Slide 27: mgm technology partners international software provider
Allgeier at a glance | Market trends | Business overview | Group financials | Value creation highlights mgm technology partners is an international high-end software 27 mgm-tp.com provider for digitalization, disruptive technology & consulting services High-end specialist for € 111 m Revenue 20221 s
Slide 28: Success underlined by key public & enterprise accounts
Allgeier at a glance | Market trends | Business overview | Group financials | Value creation highlights mgm technology partners’ ongoing success is underlined by 28 mgm-tp.com key public & enterprise accounts One of the leading service providers for e-government and e-commerce in Germany • Enterpris
Slide 29: Artificial Intelligence: Creating AI landscapes - current activities
Allgeier at a glance | Market trends | Business overview | Group financials | Value creation highlights Artificial Intelligence: Creating AI landscapes - 29 mgm-tp.com Current activities • Internal LLM (large language model) running on premises & accessible via API for testing purposes • Developing
Slide 30: Artificial Intelligence: fields of application & targets
Allgeier at a glance | Market trends | Business overview | Group financials | Value creation highlights Artificial Intelligence: Creating AI landscapes - 30 mgm-tp.com Fields of application & Targets • Operating GDPR1 compliant AI for use - in own organization - at customers, and - integrated into m
Slide 31: Success Story: German federal tax portal ELSTER
Allgeier at a glance | Market trends | Business overview | Group financials | Value creation highlights Success Story 31 mgm-tp.com eGovernment: German federal tax portal ELSTER • mgm platforms are used by millions of users every day – the most prominent platform is the electronic tax office in Germ
Slide 32: Success Story: LIDL web shop
Allgeier at a glance | Market trends | Business overview | Group financials | Value creation highlights Success Story 32 mgm-tp.com Commerce: Web shop customized software development & automated testing • Quick, individual development of LIDL web shop • Goals: Performance and reliability, especially
Slide 33: Success Story: Insurance digital marketplace
Allgeier at a glance | Market trends | Business overview | Group financials | Value creation highlights Success Story 33 mgm-tp.com Insurance: Digital marketplace development and workflow automation • B2B2C insurance marketplace for business insurances like Cyber and D&O (financial lines) • Fully au
Slide 34: Strong partner for highly digitalized industries
Allgeier at a glance | Market trends | Business overview | Group financials | Value creation highlights mgm technology partners is a strong partner for 34 mgm-tp.com industries driven by high digitalization dynamic Customer diversification1 Number of accounts1 Industry segmentation1 2% 4% >300 6% Ou
Slide 35: mgm accelerates growth with high profitability
Allgeier at a glance | Market trends | Business overview | Group financials | Value creation highlights mgm technology partners accelerates its growth with high profitability 35 mgm-tp.com Revenue1 in € m Gross profit & margin1 in € m Adj. EBITDA & margin1,2 in € m +16%3 42% 22% 41% 23% 39% 21% 111
Slide 36: Group financials
36 4 allgeier.com Group financials
Slide 37: P&L shows growth and continuous margin improvement
Allgeier at a glance | Market trends | Business overview | Group financials | Value creation highlights Allgeier P&L shows growth and continuous margin improvement 37 allgeier.com Revenue1 in € m Gross profit & margin1 in € m Adj. EBITDA & margin1,2 in € m 17%3 480 33% 13% 32% 11% 132 124 29% 161 50
Slide 38: Performance & stability underlined by key figures
Allgeier at a glance | Market trends | Business overview | Group financials | Value creation highlights Performance & stability of Allgeier are underlined by key figures 38 allgeier.com 91% Revenue from existing clients1 2,452 1 60% Stable & loyal customer base Customers (total) Proportion of academ
Slide 39: Balance sheet ratios offer leeway for further M&A
Allgeier at a glance | Market trends | Business overview | Group financials | Value creation highlights Balance sheet ratios offer leeway for further M&A 39 allgeier.com Operating Cashflow development in € m1 Net debt in € m1 1 HY Net 2 HY 45 leverage2 € 200 m 2.46 x Revolving credit facility by a b
Slide 40: Guidance for 2023 and mid-term forecast
Allgeier at a glance | Market trends | Business overview | Group financials | Value creation highlights Guidance for the 2023 financial year and mid-term forecast: 40 allgeier.com Further revenue growth & margin expansion Revenue Adjusted EBITDA1 10–15% 15% Organic margin growth rate 500 – 540 m (co
Slide 41: Value creation highlights
41 5 allgeier.com Value creation highlights
Slide 42: Allgeier is creating sustainable shareholder value
Allgeier at a glance | Market trends | Business overview | Group financials | Value creation highlights Allgeier is creating sustainable shareholder value 42 allgeier.com at the core of digitalization State-of-the-art software 1. Digitalization is disrupting any business 2. solutions are a key compe
Slide 43: Thank you
allgeier.com you Thank
Slide 44: Postal address, Contact, Web
Postal address Contact Web Follow us on LinkedIn Allgeier SE Dr. Marcus Goedsche www.allgeier.com/en/investor-relations Einsteinstrasse 172 – Blue Tower ir@allgeier.com D-81677 Munich Phone: +49 89 998421-0