Webstep As · OSL:WSTEP
Webstep As — Q4 2024 Earnings Presentation
21 slides from Webstep As's earnings presentation, Feb 13, 2025
Slide 1: Q4 Interim Results Presentation
Q4 i a Results Interim ww Presentation Kristine Lund, CEO Nina Stemshaug, Interim CFO Webstep ASA - 13 February 2825, Oslo WEBSTEP
Slide 2: Agenda
Agenda Highlights from the Financial Review quarter Organisation and Market update and projects outlook
Slide 3: Highlights from the quarter
Highlights from the quarter
Slide 4: Highlights
Highlights ● Significant improvement in EBIT margin despite a continued soft market ● Solid growth in the regional offices, supported by high activity in the energy sector ● NOK 25.2 million share buyback in October ● The board of directors proposes for the Annual General Meeting a dividend of NOK 2.30
Slide 5: Organisation and projects
Organisation and projects
Slide 6: Our strategic focus areas
Our strategic focus areas 1. One Webstep: Enhance collaboration across regional Strategic focus areas supported by organisational and operational changes: office and leverage the benefits of a strong local presence in key areas, while also being an integral part of a large ● Further build our visibilit
Slide 7: Our main service areas
Our main service areas Targeted positioning – We sharpen our positioning within three key service areas to secure large, complex projects and gain market share. Solution-oriented competence – Our competence development is driven by addressing customer challenges, ensuring relevance and impact in our
Slide 8: Financial review
Financial review
Slide 9: Group Q4
Revenue 4 225.6 MNOK (225.6) Group Q4 Ny 000 ll (Qn EBIT-margin FTEs Q4 6.9% FoP 446 (11.9) (471)
Slide 10: Key figures - Group
Key figures - Group Q4 Comments ● Operating revenues for the quarter at the same level as last Q4 Q4 FY FY year ○ Revenue from own consultants up by 1.9 per cent NOK million 2024 2023 2024 2023 ○ Revenue from subcontractors down by 20.0 per cent Revenues 225.6 225.6 874.1 861.6 Change (0.0%) 6.9% 1.
Slide 11: Market update and outlook
Market update and outlook
Slide 12: Webstep market update
Webstep market update ● Long-term trends of digitalisation remain stable ○ Webstep well positioned to support transformation initiatives following the The Norwegian Government's digitalisation strategy for 2024-2030 in both private and public sector ● Market trends from late summer have persisted ○
Slide 13: Outlook
Outlook Digitalisation and AI as key drivers ● The long-term trend of digitalisation continues, with energy transition and AI adoption being particularly strong market drivers. Mixed activity level in the market - moderate demand ● Vibrant energy sector, while other sectors remain cautious with rega
Slide 14: Questions?
Questions? Please contact us at ir@webstep.com
Slide 15: Appendix
Appendix
Slide 16: Customer base characteristics
Customer base characteristics Optimizing sales and strengthening focus on A large and loyal customer base in both private and A diversified customers base between business enterprise market and large clients public sector sectors 16
Slide 17: Cash flow and net debt
Cash flow and net debt 31 Des NOK million 2024 Cash and cash equivalents* (82.4) Restricted cash 0.5 Debt to credit institutions 0.0 Leasing liabilities (non-current and current) 63.2 Net interest bearing debt (NIBD) (18.7) NIBD/EBITDA (rolling 12 months) (1.1) NIBD/EBITDA (rolling 12 months) includi
Slide 18: Top 20 shareholders at 11 February 2025
Top 20 shareholders at 11 February 2025 18
Slide 19: Revenue, EBIT and FTE development
Revenue, EBIT and FTE development Revenue (LTM) EBIT (LTM) Number of FTEs (EoP) 19
Slide 20: Number of FTEs, end of period
Number of FTEs, end of period Number of FTEs, end of period Q4 Q3 Q2 Q1 Q4 Norway 2024 2024 2024 2024 2023 Norway total 446 449 451 448 471 Oslo 213 210 213 211 223 Bergen 96 95 88 84 91 Trondheim 61 63 65 65 65 Stavanger 49 53 55 56 59 Sørlandet 20 21 21 23 24 Haugalandet 8 8 9 9 9 20
Slide 21: Disclaimer
Disclaimer This Presentation includes and is based, inter alia, on forward-looking information and statements that are subject to risks and uncertainties that could cause actual results to differ. These statements and this Presentation are based on current expectations, estimates and projections abo