Slide 1: Earnings Call Q3/9M '24
www.nagarro.com Earnings Call Q3/9M ’24
Slide 2: Disclaimer
Disclaimer The information contained in this document is provided as of the date of its publication and is subject to change without notice. This presentation contains preliminary figures and forward-looking statements. Forward-looking statements may be identified by words such as “expect”, “forecas
Slide 3: Our Mission Statement
Our Mission Statement: To make distance and difference irrelevant between intelligent people 3 3
Slide 4: Q3 2024, described
Q3 2024, described 5.0% organic CC YoY growth in a slow demand environment Clients generating revenue > €1mn continued to increase Data and AI continue to be conversation drivers Some pressure on margins due to slower growth than expected Solid operating cash flows 4
Slide 5: Q3 2024, by the numbers
Q3 2024, by the numbers €243m 0.5% 5.6% 31.5% €35m revenue QoQ revenue growth YoY revenue growth gross margin(1) adjusted EBITDA in constant currency in constant currency Industries’ YoY growth range Segments YoY growth range 39% -11% 10% -5% 15% public, non-profit & horizontal tech north america re
Slide 6: Diversification is our shield
Diversification is our shield Revenue by industry Revenue by customers 5% (PY 5%) Telecom, Media and Entertainment 15% 6% (PY 7%) 23% (PY 23%) Top5 Horizontal Tech Automotive, Mfg. 6% (PY 6%) and Industrial 9% Mgmt Consulting & Business Info Top 6-10 €243m 14% (PY 13%) 7% (PY 8%) €243m Retail & CPG
Slide 7: North America leads the gains
North America leads the gains Revenue by geography Personnel worldwide 24% 17,938 Central Europe 28% Total professionals, of which... Rest of World (Germany is 22%) (PY 26%) (PY 28%) €243m Q3’24 North America 12% Rest of Europe 16,438 Professionals in engineering (PY 34%) 36% (PY 12%) Central Europe
Slide 8: Net liabilities and cash flows healthy
Net liabilities and cash flows healthy Net liability €m Cash flow €m 1.1x 1.7x 1.3x -15.8 33.1 162.2 213.3 183.1 48.7 55.8 43.7 64.9 41.4 274.7 280.5 -5.4 216.5 -25.5 -51.8 -6.2 -110.2 -110.1 -141.0 Financial liabilities include drawdown on syndicated credit facility, working capital facilities, ban
Slide 9: QW an
QW an
Slide 10: Thank you
Thank you © Nagarro