Datagroup SE · XETR:D6H
Datagroup — Q1 2022/23 Earnings Presentation
20 slides from Datagroup's earnings presentation, Feb 16, 2023
Slide 1: Expedition DATAGROUP – Analyst Call Q1 Figures 2022/2023
Expedition DATAGROUP Analyst Call Q1 Figures 2022/2023
Slide 2: Q1 22/23 DATAGROUP starts into the new fiscal year with solid numbers
Q1 22/23 DATAGROUP starts into the new fiscal year with solid numbers Revenue €m EBITDA €m ▪ Strong numbers again prove the sustainability of 225 DATAGROUPs strategy to focus on recurring 130 127.7 20 19.7 revenues in long term contracts based on the +3.7 % +2.4 % 123.2 19.2 CORBOX Service-as-a-prod
Slide 3: Q1 22/23 DATAGROUP starts into the new fiscal year with solid numbers
Q1 22/23 DATAGROUP starts into the new fiscal year with solid numbers EBIT €m EPS € ▪ Overproportionate increase in EBIT against EBITDA 225 by improvement of CAPEX ratio 12 1 11.5 ▪ DATAGROUP achieves the 9% EBIT long-term 0,9 0.87 margin target +16.9 % 11 +13.0% 0,8 ▪ Operational leverage by furthe
Slide 4: Strong order intake contributes on core business growth
Strong order intake contributes on core business growth ▪ Strong sales results with CORBOX services contribute on core business growth ▪ 18 additional contracts which will become effective in 22/23 (20 new contracts, only 2 customers not renewed) ▪ 20 contracts expanded ▪ 34 contracts renewed IT's t
Slide 5: Further stable organic growth of CORBOX core business
Further stable organic growth of CORBOX core business €m Revenue 12/13 – 21/22 Over 70% of revenues from multi-year CORBOX 501.4 500 contractual relationships 444.7 Services, retail 450 95 and others 6.4% organic growth of 400 69 CORBOX core business 358.2 47 350 45 306.8 53 40 300 37 272.1 40 66 25
Slide 6: Strengthening our base in uncertain times
Strengthening our base in uncertain times ▪ In hard, unpredictable times, DATAGROUP is the reliable IT partner, because the DATAGROUP model offers a stable base against: ▪ Energy crisis and cost increases ▪ Labour market challenges due to wage increases and skill shortages ▪ Global supply chain prob
Slide 7: Energy crisis and cost increases
Energy crisis and cost increases ▪ Focus on the centrally produced CORBOX Cloud ▪ Reduction of dedicated platforms ▪ Reduction of energy requirement ▪ Securing of the supply through multi-year contracts ▪ Positive effects on CO2 neutrality and sustainability IT's that simple. Analyst Call Q1 22/23 7
Slide 8: Labour market challenges due to wage increases and skill shortages
Labour market challenges due to wage increases and skill shortages ▪ Reduction of personnel intensity through greater automation and partial automation, amongst other things, through using AI technology ▪ Further centralisation of production capacities from previous acquisitions ▪ Expansion of emplo
Slide 9: Global supply chain problems
Global supply chain problems ▪ Further compression of production capacities ▪ Ongoing Data Centre consolidation ▪ Additional capacity reserve ▪ Simultaneously reduced CAPEX requirements IT's that simple. Analyst Call Q1 22/23 9
Slide 10: Cyber Security threat situation
Cyber Security threat situation ▪ Expansion of the Security Service Portfolio ▪ Use of new innovative technologies ▪ CORBOX Service with the strongest growth IT's that simple. Analyst Call Q1 22/23 10
Slide 11: The strength of our base, the DATAGROUP model, results in a good development of our financial figures
The strength of our base, the DATAGROUP model, results in a good development of our financial figures IT's that simple. Analyst Call Q1 22/23 11
Slide 12: Selected P&L Ratios in Q1 22/23
Selected P&L Ratios in Q1 22/23 Figures in € k Q1 21/22 Q1 22/23 Change Revenue 123,162 127,707 3.7% ▪ Proportion of services Other own work capitalized 497 449 -9.7% remains at 78.8% on a Changes in capitalized contract costs -863 -716 -17.0% high level Total revenues 122,796 127,440 3.8% ▪ Over pr
Slide 13: Selected Balance Sheet Ratios
Selected Balance Sheet Ratios in Q1 21/22 Figures in € k 31.12.21 31.12.22 Change Goodwill 125,950 1) 151,436 20.2% ▪ Increase of Goodwill Non-current liabilities 232,473 1) 156,600 -32.6% driven by acquisitions thereof liabilities to banks 78,334 69,295 -11.5% ▪ Reduction in net debt thereof leasin
Slide 14: Cash Flow in Q1 22/23
Cash Flow in Q1 22/23 Figures in € k Q1 21/22 Q1 22/23 Change Notes Cash flow from operating activities 25,255 17,391 -31.1% ▪ Still very solid operating Cash flow Cash flow from investing activities -5,024 -5,041 0.3% ▪ CAPEX : € 2,747k in Q1 22/23 after € 1,656k in Q1 21/22 ▪ Outflow of € 2,553k f
Slide 15: Development of EBITDA
Development of EBITDA €m EBITDA 12/13 – 21/22 EBITDA margin 12/13 – 21/22 CAGR 12/13 – 21/22: 21,6% Operative EBITDA development confirms 76.5 15.3% 15.0% 15.2% profitable growth course 75 15.1% 16% 67.3 12.6% 14% 60 12.1% 10.9% 53.81 12% 9.7% 46.9 11.6 10% 45 7.1 6.8% 34.5 8% 6.9% 0.8 30 27.0 6% 19
Slide 16: Development of EBIT
Development of EBIT €m EBIT 12/13 – 21/22 EBIT margin 12/13 – 21/22 DATAGROUP had realized CAGR 12/13 – 21/22: 25,4% extraordinary purchase price bargains over the 41.5 past five years. In the 9% 8.3% 7.7% 8.3% reporting year, EBIT was 40,0 7.5% 8% 7.2% achieved without such 6.1% 6.4% 7% effects. (7
Slide 17: Dual Growth Strategy
Dual Growth Strategy Anorganic vs. Organic Growth – Ambition ▪ Growth through new CORBOX customer acquisition 225 ▪ Market potential: around 5,000 potential customers in the segment of 100 – 5,000m € revenue p.a. in Germany ▪ Ca. 10 – 15 m € growth in CORBOX core business 175 50% 50% p.a. ▪ Growth f
Slide 18: Mid-term Management Ambition by 25/26: Revenue of € 750M
Mid-term Management Ambition by 25/26: Revenue of € 750M Our ambition Revenue in €m by 25/26: 800 ▪ Revenue of € 750m from 22/23: 700 ▪ > 15% EBITDA 600 ▪ > 9% EBIT 500 ▪ New Guidance will be 400 published on 9th March at the General Annual 300 Meeting 200 ■ Min. revenue development 100 ■ Max. reven
Slide 19: IT just works.
IT just works. Optimally Positioned to Meet Market Requirements
Slide 20: Disclaimer
Disclaimer This presentation has been produced by DATAGROUP SE with the sole purpose of providing decision support for the recipient. This presentation is no prospectus and in no way is intended to be an offer or solicitation to purchase or subscribe to corporate shares or other securities. This pre