Slide 1: Slow recovery – Interim report January–September 2024
Slow recovery Interim report January – September 2024 I N V E S T O R P R E S E N T A T I O N /O C T O B E R 20 2 4 Information Classification: INTERNAL
Slide 2: Today's presenters
Today’s presenters: Per Wallentin Marie Björklund CEO & President CFO
Slide 3: Q3 in brief: Strong position in a challenging quarter
Q3 in brief: Continued positive trend in our Strong position in a largest business area Solutions challenging quarter Slow start of the fall particularly for Experience and Insight, with weak margins Strong client partnerships in Norway create stability Sweden remain the most challenging market Stro
Slide 4: Business area Solutions
Operations Business area Solutions Nordic market leader in systems development Margin improvement for the second quarter in a row, with utilisation rates slowly improving Efforts to optimize organisation and reduce cost have the desired effects Challenges remain in Sweden and Denmark, while Norway p
Slide 5: Business area Experience
Marketing & sales Business area Experience The largest digital agency in the Nordic region Very tough quarter with slow start up of many projects after summer – impacting overall utilization and margin Largest challenges in Sweden and Denmark, work remain before we stand on solid ground Strong pipel
Slide 6: Business area Connectivity
Research & development Business area Connectivity Supporting a connected world Strong position in several sectors support an overall positive performance in a difficult market Ability to adapt to fast moving market conditions is a key to success Positive development during the quarter with continued
Slide 7: Business area Insight
Management teams Business area Insight Management consultants from strategy to implementation Intensified competition and slow start after summer impact both margins and utilization Strong position in cyber security and legal has led to net recruitment in the quarter Strong focus on developing our o
Slide 8: Q3 in figures
Q3 in figures
Slide 9: Financial quarter July–September 2024
Financial quarter July–September 2024 1,326.2 57.9 4.4 % Net sales decreased Adjusted EBITA The adjusted EBITA by 14.1% (1,544.1) million decreased compared to last margin decreased to 4.4% (4.9) year (74.9 million)
Slide 10: Revenues and EBITA Adjusted development
Revenues and EBITA Adjusted development
Slide 11: Net debt development
Net debt development Net debt development Healthy balance sheet and solid financial position Net debt of 792 MSEK Within the frame of our financial target of maximum 2x EBITDA Leases of new premises impact other liabilities (IFRS)
Slide 12: Sales per client segment
Sales per client segment Strong and diversified important in unsecure market No safe haven in a softer market, but our solid and broad platform decrease market risk Intensified competition in public sector, particularly in Sweden, behind decrease y/y The industry segment remain a solid segment where
Slide 13: In summary
In summary A positive trend in our largest business area with improved utilization and margins Competition remain high in all segments and geographies We still meet the largest challenges in Sweden and Denmark Strongly positioned in the Nordics when the market improves
Slide 14: Tack/Takk/Kiitos
Slide 15: Slide 15