Econocom Group Se Class D · EURONEXT:ECONB
Econocom Group Se Class D — FY2007 Earnings Presentation
21 slides from Econocom Group Se Class D's earnings presentation, March 2008
Slide 1: 2007 Results
2007 Results AGENDA  Econocom Group in 2007  Econocom’s mission  A new strategic plan  2007: record performances  The Econocom Group share  Conclusion and 2008 prospects www.econocom.com 2
Slide 2: Econocom Group in 2007
Econocom Group in 2007  A European ICT services provider : direct presence in 8 countries*  25 years of experience  Specialized in B-to-B  2,300 employees including 1,700 engineers and technicians  Listed since 1986 (Euronext Brussels Small Caps index)  A dual competence in IT and telecommunic
Slide 3: Econocom’s mission
Econocom’s mission Econocom’s mission  Our vision of the market  Our mission www.econocom.com 6
Slide 4: Our vision of the market
Our vision of the market Globalization and new technologies have transformed corporate structures and generated new user requirements: Mobility Connectivity Adaptability Availability www.econocom.com 7 Our vision of the market  Today, the user is at the heart of corporate development strategies ● C
Slide 5: Our vision of the market
Our vision of the market  In this context, the key issue of CIO and General Managers is: To ensure that ANY TIME, ANYWHERE all company employees have the communication tools and ACCESS TO THE INFORMATION necessary to efficiently carry out their missions. www.econocom.com 9 Our vision of the market
Slide 6: Our mission
Our mission To meet our customers’ MOBILITY NEEDS www.econocom.com 11 Our mission  ... with 4 poles of expertise ● Supplying IT equipment and solutions ● IT Services: consulting, outsourcing, third-party maintenance ● Integration andinfrastructure management of telecom solutions ● IT and Telecom eq
Slide 7: A resolutely « services » oriented position
A resolutely « services » oriented position Our new strategic plan
Slide 8: Strategic plan
Strategic plan Previous plan: Share Five Strategic axis (2003 – 2007) Regain leadership through innovation in each of our activities Î REACHED www.econocom.com 15 Strategic plan In Belgium Î lists Econocom the 1st outsourcing service providers of Belgian companies. www.econocom.com 16
Slide 9: Strategic plan
Strategic plan In France Î awarded, in April 2007, Econocom for No 1 IT provider in France. www.econocom.com 17 Strategic plan Previous plan: Share Five  Two objectives ● Increase the operating profitability (objective: 5%) ● Increase the Econocom Group share price to 12 € www.econocom.com 18
Slide 10: Our new strategic plan
Our new strategic plan Horizon 2012: a plan with a strategic axis (2008 – 2012) on continuity Reinforce our leadership by uniting our talents in the scope of bundled offerings www.econocom.com 19 Our new strategic plan  The bundled offerings: offers involving all of our skills, allowing the entire
Slide 11: 2007: record performances
Our new strategic plan In 2012, two objectives:  1 billion euros in revenue  6% operating profitability www.econocom.com 21 2007 Record performances
Slide 12: 2007: record performances
2007: record performances Strong growth in revenue and result Recurring Cash Flow Revenue Operating Profit 32 M€ 701 M€ 24.5 M€ + 18.8% + 60% + 48.5% www.econocom.com 23 2007: record performances Consolidated profit & loss account as of December 31, 2007 (in M€) 2006 2007 Revenue 589.8 700.7 + 18.5%
Slide 13: 2007: record performances
2007: record performances  Four acquisitions in 2007 have bolstered growth ● January: Alliance Support Services, one of the leaders in France in third-party maintenance – integration of 450 employees. ● February: B-to-B activity of The Phone House France, management and facilities management of voi
Slide 14: 2007: record performances
2007: record performances Revenue breakdown by country 5.5% 0.9% 4.4% France 9.9% Belgium The Netherlands 50.2% Spain Italy 29.1% United Kingdom www.econocom.com 27 2007: record performances Revenue breakdown by industry sector 4% Manufacturing, Transport, 4% Logistics, Retail 6% 28% Telecom, Media
Slide 15: 2007: record performances
2007: record performances Contribution of the activities to the recurring operating profit (in M€) 15.0 9.4 6.0 4.0 3.1 3.0 0.1 0.4 Managed Services Products and Solutions IT Financial Services Telecom Services 2006 2007 www.econocom.com 29 2007: record performances  Managed Services: result double
Slide 16: 2007: record performances
2007: record performances  Telecom Services: strong growth in activity. Profitability remains small due to the commercial and technical investments.  IT Financial Services: a good year with the first return on the recruitments made since 2005. Strong growth in activity and increased profitability
Slide 17: 2007: record performances
2007: record performances Cash flow statement (M€) 2006 2007 Cash flow +20 +32 Variation in working capital requirement +9,5 (15,5) Acquisitions of own shares (7,6) (19,3) Dividends paid (4,6) (5,3) Acquisitions and other (0,8) (7,6) Change in net cash position +16,5 (15,7) www.econocom.com 33 2007:
Slide 18: The Econocom Group share in 2007
The Econocom Group share in 2007 The Econocom Group share in 2007 Market capitalization as of March 27th, 2008 201 M€ Shareholders’ equity 83 M€ Market capitalization / Shareholders’ equity 2.42% Float 49% Average daily volume in 2007 19 M€ 22,991 17,8 M€ Quoted price as of March 27th, 2008 7.80 € E
Slide 19: The Econocom Group share in 2007
The Econocom Group share in 2007 Evolution of the average monthly share price € 10 9 8 7 6 5 4 3 Sep 03 Mar 04 Sep 04 Mar 05 Sep 05 Mar 06 Sep 06 Mar 07 Sep 07 Mar 08 www.econocom.com 37 The Econocom Group share in 2007 Own share purchase policy The group has written off 3,200,000 shares in 2007 (11
Slide 20: The Econocom Group share in 2007
The Econocom Group share in 2007 Evolution 2003 – 2007 (Share Five plan) 0.95 0.24 0.28 0.10 2003 2007 2003 2007 Recurring operating profit per share Gross dividend www.econocom.com 39 Conclusion and 2008 prospects
Slide 21: Conclusion and 2008 prospects
Conclusion and 2008 prospects  2007: best results since the group’s creation: ● Revenue: 701 million euros ● Recurring operating profit: 24.5 million euros  2008: the first two months are in line with our internal plans. Over the year, the Management will devote itself to consolidating the group’s