Enea AB · OMXSTO:ENEA

Enea AB — Q2 2017 Earnings Presentation

27 slides from Enea AB's earnings presentation, Jul 19, 2017

  1. Slide 1: Our software and expertise help you develop amazing functions in a connected society

    Our software and expertise help you develop amazing functions in a connected society

  2. Slide 2: Q2 Presentation by Anders Lidbeck, President & CEO

    Q2 Presentation by Anders Lidbeck President & CEO 19 July 2017

  3. Slide 3: Agenda

    Agenda ▶ Intro ▶ Financials Q217 ▶ Way Forward & Outlook

  4. Slide 4: Intro

    Intro ENEA

  5. Slide 5: A Catalyst for the Connected Society

    A Catalyst for the Connected Society OPERATING HEAD REVENUE MARGIN 501.3 23.7 QUARTER KISTA, SWEDEN MSEK PERCENT NO. OF R&D OPEX INVESTMENT LISTED EMPLOYEES NASDAQ 464 18 STOCKHOLM PERCENT

  6. Slide 6: Our Vision, Mission, and Commitment

    Our Vision, Mission, and Commitment Our Vision Our Commitment Our software and expertise help you develop Our commitment is to amazing functions in a work together with the connected society leading hardware vendors and our customers - as a key contributor in the open source community - to Our Missi

  7. Slide 7: Our Business

    Our Business Software Products for embedded applications focused Maintenance, Support, and Product Services on communication solutions ▶ Related to our own product portfolio ▶ Operating Systems ▶ For Open Source based solutions ▶ Network Operating Systems for NFV ▶ For integrated solutions incl. 3rd

  8. Slide 8: More than 3 billion people rely on Enea software every day

    More than 3 billion people rely on Enea software every day, to connect a call or use their mobile phone to get online

  9. Slide 9: Customers

    Customers @GENBAND NOKIA ERICSSONS ® VOLVO AA) mororo.a Honeywell patacom /inritSU @yaMaHA ® envision: ensure ENEA

  10. Slide 10: Financials Q2 2017

    Financials Q2 2017 ENEA

  11. Slide 11: Strong Operating Profit

    Strong Operating Profit Q217 Q216 Operating profit excl. non-recurring costs, MSEK 31.0 29.9 Operating profit, MSEK 22.5 28.8 Operating margin excl. non-recurring costs, % 20.9 24.1 Operating margin, % 15.2 23.2 Earnings per share, SEK 0.96 1.48 ▶ 20.9 percent operating margin satisfactory given our

  12. Slide 12: Record Revenue

    Record Revenue Q217 Q216 Revenue (MSEK) 148.5 124.1 Revenue growth (%) 20 3 Revenue growth (%) (currency adjusted) 17 4 FY16 Revenue (MSEK) 501.3 Revenue growth (%) 4 Revenue growth (%) (currency adjusted) 3 ▶ Highest Q2 revenue since divestment of Nordic Consulting (2011) ▶ Record Q2 growth number

  13. Slide 13: Revenue Split per Region

    Revenue Split per Region ▶ Europe Sales are from our offices in Sweden, Germany, Romania and France, and consist of Key Accounts, Worldwide Software Sales and Global Services. Revenue in Europe increased by 24 percent in the quarter year over year. The increase was mainly coming from Key Accounts, d

  14. Slide 14: Change in Q2 Revenue Mix

    Change in Q2 Revenue Mix ▶ 69% revenue growth y-o-y in WW Software Sales ▶ Key Accounts increased by 22 percent, partly due to the acquisition of Qosmos and partly to a clearance of a previously completed delivery

  15. Slide 15: Improved Product Revenue Mix

    Improved Product Revenue Mix ▶ Operating System Solutions was the product group which accounted for the largest share of Enea's sales with 48 percent of revenues during the quarter. Sales increased compared to the corresponding quarter previous year. ▶ Sales in Network Solutions increased significan

  16. Slide 16: Yet Another Weak Quarter in US Services

    Yet Another Weak Quarter in US Services ▶ Unfortunately, our US service sales continued to make negative progress, with year over year revenue down by more than 20 percent for the third quarter running ▶ Continued strong development with double digit y-o-y growth in the European Global Services oper

  17. Slide 17: Financial Position

    Financial Position ▶ Q217 cash flow from operations 38.1 (41.1) MSEK ▶ Q217 cash flow before change in working capital 16.7 (30.9) MSEK ▶ Cash, cash equivalents and financial investments at the end of the quarter were 260.2 (196.6) MSEK ▶ Total interest-bearing liabilities at the end of the quarter

  18. Slide 18: Way Forward & Outlook

    Way Forward & Outlook ENEA

  19. Slide 19: Long Term Ambition

    Long Term Ambition We continue our efforts to build a bigger and stronger company, delivering an increasing value for customers, employees and shareholders. Acquisitions that strengthens our market position and long-term earning capacity is an important part of this transition.

  20. Slide 20: A Quickly Expanding Portfolio

    Network Monitoring A Quickly Cyber Security Expanding Portfolio 3 new areas in the last 2 years NFV Platforms Network Management Systems Virtual Probes On-Device Management Agents

  21. Slide 21: Enea in NFV

    Network Monitoring Enea in NFV Cyber Security ▶ NFV Platforms ▶ NFV Labs ▶ NFV Services Qosmos Enea NFV ixEngine Enea demonstrating NFV at MWC Shanghai 2017

  22. Slide 22: Enea NFV Core – deployment ready multi-architecture NFVI software platform

    Enea NFV Core – deployment ready multi- architecture NFVI software platform for virtualization of the network edge ▶ April 25 Enea announced the first commercial deployment ready implementation of OPNFV for network operators, service providers, and telecom/network equipment manufacturers ▶ Enea NFV

  23. Slide 23: China Mobile Open NFV labs added four partners

    China Mobile Open NFV labs added four partners, Hand in hand to promote the development of NFV across 17 ICT partners ▶ April 26th, China Mobile announced with Mirantis, ARM, Cavium and Enea four China Mobile NFV labs, such as the third batch of partners signed MOU Open. ▶ The four partners will con

  24. Slide 24: Enea launches lightweight virtualization platform for Customer Premise Equipment (CPE)

    Enea launches high performance, lightweight virtualization platform for Customer Premise Equipment (CPE) ▶ May 31, Enea announced Enea® NFV Access - a lightweight virtualization platform tailored for customer premise deployment at the network edge. ▶ NFV Access is a Linux-based software platform tha

  25. Slide 25: Qosmos is Complementing Enea in Many Areas

    Qosmos is Complementing Enea in Many Areas  TEMs and NEPs are main customers today, similar dialogues with customers in the SDN/NFV domain Market  Well established in the ARM & Intel ecosystem  Together stronger coverage in community projects and industry consortiums  Similar go-to-market models

  26. Slide 26: Market Outlook 2017

    Market Outlook 2017 Our objective for the full year 2017 is to achieve double-digit revenue growth, and improved operating profit compared to 2016 before non-recurring costs. We expect the improvement of operating profits to occur in the second half-year 2017.

  27. Slide 27: For additional information on Enea, please visit www.enea.com

    For additional information on Enea, please visit www.enea.com www.enea.com

Enea — Q2 2017 Earnings Presentation on 6ix