22 slides from Cgi Inc. Class A's earnings presentation, Jul 27, 2022
Slide 1: Third Quarter Fiscal 2022 Financial Results and highlights
Third Quarter Fiscal 2022 Financial Results and highlights For the three and nine months ended June 30, 2022 and 2021 July 27, 2022
Slide 2: Forward-looking information and statements
Forward-looking information and statements Our presentations contain “forward-looking information ”within the meaning of Canadian securities laws and “forward-looking statements” w ithin the meaning of the United States Private Securities Litigation Reform Act of 1995 and other applicable United Sta
Slide 3: George D. Schindler and François Boulanger
George D. Schindler François Boulanger President and Chief Executive Vice-President and Executive Officer Chief Financial Officer © 2022 CGI Inc. 3
Slide 4: Financial highlights: Q3 F2022
Financial highlights: Q3 F2022 vs Q3 F2021 Revenue $3.26B ▲ 7.9% Constant currency growth* ▲ 11.5% Adjusted EBIT* $520M ▲ 9.0% Adjusted EBIT margin* 16.0% ▲ 20 bps Net earnings $364M ▲ 7.6% Net earnings margin* 11.2% ▲ - Net earnings excluding specific items* $371M ▲ 9.5% Net earnings margin excludi
Slide 5: CEO remarks
CEO remarks “In the third quarter of fiscal 2022, we continued delivering on our build & buy profitable growth strategy with double digit increases year-over-year in both revenue and EPS,” said George D. Schindler, President and Chief Executive Officer. “We are well structured through our portfolio
Slide 6: Talent profile: Consultants & Professionals
Talent profile Consultants & Professionals 17.2% voluntary attrition (below industry 34% 80% Balanced global +10,500 Average) identify as female are shareholders delivery model year-over-year through our +90 bps year-over-year Share Purchase Plan net increase 61% Proximity Improving representation o
Slide 7: Revenue performance: Q3 F2022
Revenue performance: Q3 F2022 Revenue mix $3,259 $3,021 +7.9% +11.5% in constant currency* Q3 F2021 Q3 F2022 Dollar figures in millions * Constant currency growth is a non-GAAP measures for w hich we provide the reconciliation to their closest IFRS measure in the Q3 F2022 MD&A © 2022 CGI Inc. 7
Slide 8: Financial highlights: Q3 F2022
Financial highlights: Q3 F2022 (in dollars and % of revenue) Adjusted EBIT Cash provided by operating Net earnings and margin, Diluted EPS and margin* activities excluding specific items* excluding specific items* $520 +0.1% +9.0% $419 $419 +9.5% $371 $1.54 +13.2% $477 $339 11.5% 11.9% $1.36 15.8% 1
Slide 9: Demand for end-to-end services driving bookings
Demand for end-to-end services driving bookings Book-to-bill ratio 105% for the last twelve months Q3 F2022 bookings* Q3 F2022 Book-to-bill ratio* Bookings by contract type Bookings by service type Managed IT and business New business process services 31% 48% 52% Extensions, renewals Business consul
Slide 10: Segmented Results (quarterly)
Segmented Results (quarterly) Q3 F2022 Q3 F2021 Revenue Adjusted EBIT* Revenue Adjusted EBIT* In millions of CAD $ $ % $ $ % Western and Southern Europe 553.5 70.1 12.7% 489.1 65.1 13.3% U.S. Commercial and State Government 528.0 75.6 14.3% 447.8 74.3 16.6% Canada 524.5 113.6 21.7% 443.7 101.7 22.9%
Slide 11: Segmented Results (year-to-date)
Segmented Results (year-to-date) Q3 F2022 year-to-date Q3 F2021 year-to-date Revenue Adjusted EBIT* Revenue Adjusted EBIT* In millions of CAD $ $ % $ $ % Western and Southern Europe 1,604.6 233.8 14.6% 1,459.1 205.2 14.1% U.S. Commercial and State Government 1,518.2 219.4 14.5% 1,315.0 202.9 15.4% C
Slide 12: Cash provided by operating activities
Cash provided by operating activities Q3 F2022 LAST 12 MONTHS $1.74 $7.77 per share* per share* 12.9% 15.1% of revenue of revenue Pr ior year per iod $419M Pr ior year per iod $ 2. 08B *Cash provided by operating activities per diluted share is a key performance measure of our cash provided by opera
Slide 13: Capital Structure Ratios
Capital Structure Ratios Return on Invested Capital* Return on Equity* Net Debt to Capitalization* ▲ versus 13. 8% in Q 3 F2021 ▲ versus 18. 4% in Q 3 F2021 ▼ versus 30. 9% in Q 3 F2021 * Net debt to capitalization and return on invested capital are non-GAAP measures for w hich we provide more detai
Slide 14: Q3 F2022 Build & Buy Profitable Growth Strategy
Q3 F2022 Build & Buy Profitable Growth Strategy Invested back into our business $98M $271M YTD Business acquisitions $414M I n c r e a si ng s h a r e h ol der $572M YTD v a l ue Share buy-back $114M $780M YTD © 2022 CGI Inc. 14
Slide 15: Q3 F2022 Mergers & Acquisitions
Q3 F2022 Mergers & Acquisitions Closed Closed Announcement date: April 27, 2022 Announcement date: March 11, 2022 Segment: Western & Southern Europe Segment: Western & Southern Europe 150 professionals 3,000 professionals “The combination of CGI’s operations and those of Umanis will further "We look
Slide 16: Revenue Trend
Revenue Trend Revenue of $3,259 million, year-over-year growth of 7.9% or 11.5% on a constant currency basis In millions Revenue 11.5% $3,200 Growth 14.0% Constant currency growth* 7.9% $3,100 12.0% $3,000 10.0% $2,900 8.0% $2,800 $2,700 6.0% $2,600 4.0% $2,500 2.0% $2,400 0.0% $2,300 -2.0% $2,200 $
Slide 17: Adjusted EBIT Trend
Adjusted EBIT Trend Adjusted EBIT of $520 million; margin of 16.0%, up 20 basis from Q3 F2021 In millions Adjusted EBIT* $600 17.5% Adjusted EBIT margin* 16.0% 17.0% $500 16.5% $400 16.0% 15.5% $300 15.0% $200 14.5% 14.0% $100 13.5% $0 13.0% * Adjusted EBIT and adjusted EBIT margin are non-GAAP meas
Slide 18: Net Earnings Margin and Diluted EPS Trend
Net Earnings Margin and Diluted EPS Trend Net earnings of $364 million – diluted EPS of $1.51, up 11.0% from Q3 F2021 Diluted EPS $1.80 Net earnings margin* 14% 11.2% $1.60 12% $1.40 10% $1.20 $1.00 8% $0.80 6% $0.60 4% $0.40 2% $0.20 $0.00 0% * Net earnings margin is a key performance measure for w
Slide 19: Net Earnings Margin and Diluted EPS Trend (excluding specific items)
Net Earnings Margin and Diluted EPS Trend Excluding specific items* Net earnings excluding specific items* of $ 371 million – diluted EPS of $1.54 excluding specific items*, up 13.2% from Q3 F2021 $1.80 Diluted EPS - excl. specific items* 12.5% $1.60 Net earnings margin - excl. specific items* 11.4%
Slide 20: Net Debt Trend
Net Debt Trend Net debt at $3.07 billion or 30.6% net debt to capitalizatio n ratio In millions Net debt * $4,000 40% Net debt to capitalization ratio* $3,500 30.6% 35% $3,000 30% $2,500 25% $2,000 20% $1,500 15% $1,000 10% $500 5% $0 0% * Net debt and net debt to capitalization ratio are non-GAAP m
Slide 21: Corporate social responsibility targets, progress and achievements
Corporate social responsibility targets, progress and achievements Be recognized by our stakeholders as an engaged and responsible corporate citizen Pe ople Com m unities Clim ate Diversity and Education Pro bono Net-zero emissions by 2030 • Reach twice as many program participants for • 100% of bus
Slide 22: Contact our investor relations team
Contact our investor relations team to continue the conversation Kevin Linder Senior Vice-President, Investor Relations kevin.linder@cgi.com +1-905-973-8363 Christina Leclerc Director, Investor Relations christina.leclerc@cgi.com +1-514-978-5448 IR@cgi.com cgi.com For more information: cgi.com/inves