Slide 1: Q3 results
Q3results December, 2022
Slide 2: Forward looking statements
Forward looking statements Such forward-looking statements are based on management's current expectations and beliefs and are subject to a number of risks and uncertainties that could cause actual results to This presentation differ materially from the future results expressed, forecasted or implied
Slide 3: Vantiva Value Proposition
Vantiva Value Proposition Core Businesses Already Transformed, Highly Strategic to its 2 Delivering Competitive Results and 1 Customers, Creating Strong Ready To Diversify 3 Stickiness Deleveraged company Highly Differentiated Capabilities, with Resilience through Action-oriented Experienced Great O
Slide 4: Highlights
Highlights
Slide 5: Key Q3 highlights
Key Q3 highlights REVENUES (in € million) Adjusted EBITDA (in € million) FCF (before financial and tax, in € million) €765m +27.1% @ constant rate +45,0% +25.5% @ current rate @ constant rate €50m +39.9% €528m @ current margin margin €36m rate 6.5% 10 6,8% 584 33 5.7% 4,9% 16 330 +€21m (11) @current
Slide 6: Key 9M highlights
Key 9M highlights REVENUES (in € million) Adjusted EBITDA (in € million) FCF (before financial and tax, in € million) +11.0% €1958m (26) @ constant rate +23.5% 1 @ current rate +27.8% € 123m margin €1585m @ constant rate 6.3% +42.1% +€235m 4 @current margin € 86m @ current rate 5.4% rate (261) 1481
Slide 7: 2022 guidance outlook
Supply Chain & Fulfillment Services 2022 guidance* Adjusted Adjusted FCF** EBITDA in excess of EBITA within €38-48m within €62-72m OUTLOOK €140m range range CONFIRMED * $ rate vs € 1,15 7 ** before financial and tax
Slide 8: Update
Update
Slide 9: Connected Home in Q3 2022: Growth & Innovation
Connected Home IN Q3 2022: GROWTH & INNOVATION LEVERAGING OPEN AND INNOVATIVE TECHNOLOGIES BROADBAND MARKET FOR NETWORK SERVICE PROVIDERS DEMAND STILL GROWING DESPITE CONTINUING SUPPLY ➔ Wi-Fi 6/6E: availability of Cobra 5G optimizing 5G ACCESS to the home CONSTRAINTS ➔ Android TV set top box debut
Slide 10: Connected Home: Financial Performance
Connected Home: Financial Performance Q3 2022: CONTINUING CHALLENGING ENVIRONMENT BUT EFFICIENTLY MANAGED 2022 OUTLOOK REVENUES (in € million) ADJUSTED EBITDA (in € million) EBITDA MARGIN (in %) +83.2% @ constant +54.3% +0.78pp 5.7% rate ➔ Demand for Connected Home @ constant rate 4.9% broadband is
Slide 11: Supply Chain Solutions (SCS) Q3 2022
Supply Chain Solutions (SCS) Q3 2022 DIVERSIFIED GROWTH BUSINESSES VINYL ➔ Of the top 3 Global Music Groups, Contracts were executed with 2 of them, with the 3rd in process. DVD BUSINESS Between them they control 70% of the worlds catalog and VSCS has strong relations with them DISC VOLUMES BREAKDOW
Slide 12: Supply Chain Solutions Q3 2022 and 2022 Outlook
Supply Chain Solutions (SCS) Q3 2022 Q3 2022: WEAKER DVD DEMAND BUT GOOD MARGIN RESILIENCE, WITH OVERALL DIVERSIFIED BUSINESSES PERFORMANCE GOOD REVENUES (in € million) ADJUSTED EBITDA (in € million) -8.6% EBITDA MARGIN (in %) @ current rate -18.2% @ constant rate -21.1% @ constant rate -0.9pp 14.6%
Slide 13: Performance Figures
Performance Figures
Slide 14: Key figures Q3 & 9m 2022 – Group
Key figures Q3 & 9m 2022 – Group Q3 9M In € million, continuing Actual Change at Change at 2022 2021 2022 2021 Actual Change operations Change Constant Rate Constant Rate Revenues 765 528 45.0% 27.2% 1,958 1,585 23.5% 11.0% o/w CH 584 330 77.0% 54.3% 1,481 1,100 34.6% 20.3% o/w SCS 181 198 -8.6% -18
Slide 15: Q3 Free Cash Flow from continuing operations
Q3 Free Cash Flow from continuing operations FREE CASH FLOW FROM CONTINUING OPERATIONS: Q3 2022 VS. Q3 2021 +1 +11 +9 +10 8 (6) (2) (11) 9 FCF Q3 2021 EBITDA Net Net ∆ WC/OAL Pensions FCF Q3 2022 Forex FCF Q3 2022 as published ADJ Capex Restructuring and Other @LYR impact @CR In € million, before fi
Slide 16: Liquidity and Debt
Liquidity and DEBT Amount of Available Drawn Available Liquidity at September 30, 2022 (€m) credit line credit line* amount amount Cash on hand 83 Committed credit facilities: Wells Fargo credit line ($125m) 128 83 0 83 Liquidity €166m Wells Fargo Nominal line undrawn at €m September 30, 2022 Amount
Slide 17: Thank you
* tm WE vanliva > Thank you VANTIVA.COM
Slide 18: Appendix
Appendix
Slide 19: 9M Free Cash Flow from continuing operations
9M Free Cash Flow from continuing operations FREE CASH FLOW FROM CONTINUING OPERATIONS: YTD 2022 VS. YTD 2021 (1) (28) +2 (26) +172 (261) +39 (1) +24 FCF TD 2021 EBITDA Net Net ∆ WC/OAL Pensions FCF YTD 2022 Forex FCF YTD 2022 as published ADJ Capex Restructuring and Other @LYR impact @CR In € milli
Slide 20: Glossary of Terms
Glossary of Terms Abbreviation Definition Abbreviation Definition $ American Dollar Earnings before Interest, Tax, Depreciation and EBITDA Amortization € Euro EU European Union B2B Business-to-Business FCF Free-Cash-Flow BB Broadband GPON Gigabit Ethernet Passive Optical Network BD Blu-ray Disc IoT
Slide 21: Glossary of Terms (Cont'd)
Glossary of Terms (Cont’d) ● Adjusted EBITDA: profit (loss) from continuing operations before tax and net financial income (expense), net of other income (expense), depreciation and amortization (including impact of provision for risks, litigation and warranties) ● Adjusted EBITA: profit (loss) from
Slide 22: Legal disclaimer (1/2)
Legal disclaimer (1/2) • This presentation (the “document”) has been prepared by Technicolor SA (“TSA” or the “Company”) solely for informational purposes in connection with the Capital Markets Day on 14 June 2022, in particular in the context of the contemplated spin-off of Technicolor Creative Stu
Slide 23: Legal disclaimer (2/2)
Legal disclaimer (2/2) • Certain calculated figures (including data expressed in thousands or millions) and percentages presented in the document have been rounded. Where applicable, the totals presented in this document may slightly differ from the totals that would have been obtained by adding the