Enea AB · OMXSTO:ENEA

Enea AB — Q3 2017 Earnings Presentation

25 slides from Enea AB's earnings presentation, Oct 24, 2017

  1. Slide 1: Q317 Presentation by Anders Lidbeck, President & CEO

    Q317 Presentation by Anders Lidbeck President & CEO 24 October 2017

  2. Slide 2: Agenda

    Agenda  Intro  Financials Q317  Way Forward & Outlook

  3. Slide 3: Intro

    ENEA Intro

  4. Slide 4: A Catalyst for the Connected Society

    A Catalyst for the Connected Society OPERATING HEAD REVENUE MARGIN 501.3 23.7 QUARTER KISTA, SWEDEN MSEK PERCENT NO. OF R&D OPEX INVESTMENT LISTED EMPLOYEES NASDAQ 464 18 STOCKHOLM PERCENT

  5. Slide 5: Our Vision, Mission, and Commitment

    Our Vision, Mission, and Commitment Our Vision Our Commitment Our software and expertise help you develop Our commitment is to amazing functions in a work together with the connected society leading hardware vendors and our customers - as a key contributor in the open source community - to Our Missi

  6. Slide 6: Our Business

    Our Business Software Products for embedded applications focused Maintenance, Support, and Product Services on communication solutions  Related to our own product portfolio  Operating Systems  For Open Source based solutions  Network Operating Systems for NFV  For integrated solutions incl. 3rd

  7. Slide 7: More than 3 billion people rely on Enea software every day

    More than 3 billion people rely on Enea software every day, to connect a call or use their mobile phone to get online

  8. Slide 8: Customers

    Customers @GENBAND NOKIA ERICSSONS ® VOLVO AA) mororo.a Honeywell patacom /inritSU @yaMaHA @ envision: ensure Thine ade ve Electrolux HUGHES. Hytera ENEA

  9. Slide 9: Financials Q317

    ENEA Financials Q317

  10. Slide 10: Record Operating Profit

    Record Operating Profit Q317 Q316 Operating profit excl. non-recurring costs, MSEK 38.1 29.9 Operating profit, MSEK 34.1 29.6 Operating margin excl. non-recurring costs, % 25.9 24.8 Operating margin, % 23.2 24.5 Earnings per share, SEK 1.63 1.42  38.1 MSEK operating profit excl. non-recurring costs

  11. Slide 11: Record Revenue Growth

    Record Revenue Growth Q317 Q316 Revenue (MSEK) 147.1 120.7 Revenue growth (%) 22 3 Revenue growth (%) (currency adjusted) 23 1 FY16 Revenue (MSEK) 501.3 Revenue growth (%) 4 Revenue growth (%) (currency adjusted) 3  Highest Q3 revenue since divestment of Nordic Consulting (2011)  13th consecutive

  12. Slide 12: Strong Software Growth in the US and Asia

    Strong Software Growth in the US and Asia  Europe In Europe, revenues increased with 14 percent during the quarter compared with the corresponding quarter last year. World Wide Software Sales and European services both posted solid y-o-y growth numbers.  Americas Revenues increased by 25 percent c

  13. Slide 13: Enea OSE selected for 5G radio base station

    Enea OSE selected for 5G radio base station ▶ October 2, Enea announced that it has been selected by an Asian tier one telecom equipment manufacturer (TEM), to deliver its 64-bit Enea OSE multicore operating system for use in time- critical functions in a line of 5G radio base stations ▶ Enea OSE wa

  14. Slide 14: Improved Product Revenue Mix

    Improved Product Revenue Mix  Operating System Solutions was the product group which accounted for the largest share of Enea's sales with 46 percent of revenues during the quarter. Sales increased compared to the corresponding quarter previous year.  Sales in Network Solutions increased significan

  15. Slide 15: Signs of Improvement in US Services

    Signs of Improvement in US Services  Revenues from Global Services stabilized during Q317 and increased with 12% over Q217  European operations continued to post solid y-o-y growth numbers  US operations have improved compared with the previous quarter, but the decline y-o-y is still significant

  16. Slide 16: Change in Q317 Revenue Mix

    Change in Q317 Revenue Mix  WW Software grew 123% y-o-y in Q3 (growth in both OS System Solutions & Network Solutions  Key Accounts grew 4% y-o-y in Q3 (due to the acquisition of Qosmos)  4YCAGR: Key Accounts -1%. WW Software +44%, Global Services +9% 16

  17. Slide 17: Financial Position

    Financial Position  Q317 cash flow from operations 30.3 (20.7) MSEK  Q317 cash flow before change in working capital 36.9 (29.0) MSEK  Cash, cash equivalents and financial investments at the end of the quarter were 265.5 (215.8) MSEK  Total interest-bearing liabilities at the end of the quarter

  18. Slide 18: Way Forward & Outlook

    ENEA Way Forward & Outlook

  19. Slide 19: Way Forward

    Way Forward  One should not expect the record margins to be sustainable during the coming quarters.  Our market is changing and we continue our efforts to adapt. Acquisitions that strengthens our market position and long-term earning capacity is an important part of this transition.  Our objectiv

  20. Slide 20: A Quickly Expanding Portfolio

    Network Monitoring A Quickly Cyber Security Expanding Portfolio 3 new areas in the last 2 years NFV Platforms Network Management Systems Virtual Probes On-Device Management Agents

  21. Slide 21: Enea announces new milestone in network intelligence

    Enea announces new milestone in network intelligence ▶ September 7, Enea announced a new milestone in network intelligence: Qosmos ixEngine®, the company’s IP classification and metadata extraction engine, now recognizes over 3,000 protocols, more than any other Deep Packet Inspection (DPI) library

  22. Slide 22: Cavium and Enea deliver optimized software and hardware platform for uCPE

    Cavium and Enea deliver optimized software and hardware platform for uCPE ▶ September 11, Cavium and Enea announced availability of optimized uCPE solutions based on Cavium OCTEON TX™ ARMv8 processor SoC families and Enea® NFV Access software platform. ▶ Using universal customer premises equipment (

  23. Slide 23: Enea presents latest range of NFV software solutions at SDN NFV world congress

    Enea presents latest range of NFV software solutions at SDN NFV world congress ▶ October 5, Enea announced they will demonstrate NFV Infrastructure software for vCPE, NFV management and service chaining for virtualized infrastructures at the SDN NFV World Congress in the Hague, October 9-13. ▶ Enea

  24. Slide 24: Market Outlook 2017

    Market Outlook 2017 Our objective for the full year 2017 is to achieve double-digit revenue growth, and improved operating profit compared to 2016 before non-recurring costs.

  25. Slide 25: Thank You

    ENEA THANK YOU www.enea.com

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