Slide 1: Q1 2024 sales
quadient Q1 2024 sales 27 May 2024
Slide 2: Disclaimer
Disclaimer FORWARD-LOOKING STATEMENT This presentation contains forward-looking statements (made pursuant to (i) the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and (ii) the principles of the French Autorité des Marchés Financiers' guide to periodical disclosures o
Slide 3: Agenda
Agenda 1 Q1 2024 highlights 2 Q1 2024 sales review 3 Q1 2024 solutions review 4 Outlook 3 © 2024 Quadient. All rights reserved.
Slide 4: Q1 2024 Highlights
Q1 2024 HIGHLIGHTS Geoffrey GODET CEO © Quadient 4
Slide 5: Q1 revenue growth in line with our expectations
Q1 2024 Highlights | Q1 revenue growth in line with our expectations €261m outcomes CONSOLIDATED REVENUE 72% +2.4% SUBSCRIPTION- ORGANIC GROWTH RELATED FROM REVENUE NORTH AMERICA +1.0% ORGANIC GROWTH +1.2% SUBSCRIPTION- €155m RELATED REVENUE NEW DEBT ORGANIC RAISED GROWTH +3.2% REPORTED GROWTH 5 Fig
Slide 6: Q1 2024 Sales Review
Q1 2024 SALES REVIEW Laurent du PASSAGE CFO © Quadient 6
Slide 7: Q1 2024 revenue breakdown
Q1 2024 revenue breakdown | Continuous high share of subscription-related revenue Revenue breakdown +1.0% organic growth (in €m, % organic change) 253 261 Professional 253 261 (9.6)% +0.9% International services 24% Licenses & 24% 1.9% hardware sales Main European 33% 34% (1.4)% Countries 72% +1.2%
Slide 8: Q1 2024 revenue bridge
Q1 2024 revenue bridge | 3.2% revenue growth supported by acquisitions and ICA contribution Q1 2024 revenue bridge (in €m, % change vs. Q1 2023) Group reported change: +3.2% Group organic change: +1.0% (0) 261 (1) (0) +4 (0.2)% (3.4)% +6.0% +6 253 Q1 2023 Scope effect(1) Intelligent Mail-Related Par
Slide 9: Q1 2024 revenue summary
Q1 2024 revenue summary | Organic growth supported by performance from North America Revenue breakdown (in €m, % periodic organic change) Total Group €150m North America +2.4% Main European €89m countries (1.4)% Intelligent Parcel €23m Communication Mail-Related Locker International +0.9% Automation
Slide 10: Continued anticipation of upcoming bond maturity in 2025
Q1 2024 Highlights | Continued anticipation of upcoming bond maturity in 2025 NEW DEBT RAISED c.€140 million raised in EUR and USD with maturities Schuldschein between 3 and 7 years €15 million raised with Bpifrance Loans Split in tranches with maturities of 4 and 7 years Undrawn revolving One-year
Slide 11: Q1 2024 Solutions Review
Q1 2024 SOLUTIONS REVIEW Geoffrey GODET CEO Laurent du PASSAGE CFO © Quadient 11
Slide 12: Further product recognition supportive of new deals
Intelligent Communication Automation | Further product recognition supportive of new deals Latest external rankings confirm leader status Dynamic quarter for customer wins ▪ €4.5 million multi-year subscription deals signed with large US health insurance companies ‐ Including one large 3-year contra
Slide 13: Intelligent Communication Automation: solid growth in ARR
Intelligent Communication Automation | Solid growth in ARR supported by positive booking trend ICA - Revenue breakdown (in €m, % periodic organic change) +6.0% ▪ +9.0% organic growth from subscription-related revenue, organic change standing at 82% of total revenues: 63 58 +8.7% License sales ‐ supp
Slide 14: Mail-Related Solutions: another quarter of robust performance
Mail-Related Solutions | Another quarter of robust performance Positive commercial trends Share of upgraded installed base ▪ Continuous positive performance in the US benefiting 33.8% from the decertification obligations 35% 31.5% 30% ▪ Solid product placements continue to drive market 25% 19.9% sha
Slide 15: Mail-Related Solutions: robust performance driven by hardware sales
Mail-Related Solutions | Robust performance driven by hardware sales, North America & Frama MRS - Revenue breakdown (in €m, % periodic organic change) (0.2)% ▪ Q1 revenue up 2.5% on a reported basis thanks to the organic change consolidation of Frama with a contribution in line with our 174 178 expe
Slide 16: Parcel Locker Solutions: growing density in European open networks
Parcel Locker Solutions | Growing density in the European open networks Rapid ramp up of the European open networks c.600 additional lockers installed in the quarter United Kingdom 24 20.8 20.2 ▪ Deployment pace accelerating in the UK with c.200 lockers 20 18.0 15.8 installed in Q1 2024, doubling vs
Slide 17: Parcel Locker Solutions: Q1 2024 sales impacted by contractual changes
Parcel Locker Solutions | Q1 2024 sales still impacted by change in contractual agreements PLS - Revenue breakdown (in €m, % periodic organic change) ▪ Hardware sales impacted by lower installations in North (3.4)% America organic change 21 20 +20.3% Professional ▪ +2.8% organic growth from subscrip
Slide 18: Outlook
OUTLOOK Geoffrey GODET CEO © Quadient 18
Slide 19: Outlook: FY 2024 guidance confirmed
Outlook | FY 2024 guidance confirmed FY 2024 Organic growth expected at both the Group revenue and current EBIT(1) level guidance - 14 June 2024: Annual General Meeting – meeting in Paris & live webcast Proposed dividend of €0.65 per share Next events - 19 June 2024: Capital Markets Day – meeting in
Slide 20: Quadient is listed in compartment B of Euronext Paris
Quadient is listed in compartment B of Euronext Paris (QDT) and is part of the CAC® Mid & Small and EnterNext® Tech 40 indices. Quadient shares are eligible for PEA-PME investing.