North Media A/s · OMXCOP:NORTHM
North Media A/s — Q3 2022 Earnings Presentation
14 slides from North Media A/s's earnings presentation, Nov 3, 2022
Slide 1: North Media A/S Q3 2022 report
3 November, 2022 Q3 2022 Investor Presentation North Media A/S Q3 2022 report
Slide 2: Agenda
Agenda 3 Long-term value creation Today’s presenters 4 Group financial highlights 5 FK Distribution Lasse Brodt 6 Digitalisation: Minetilbud Group CEO 7 BoligPortal 8 Ofir 9 BeKey Kåre Wigh 10 Strategic progress in Q3 YTD 2022 Group CFO 11 Full-year outlook revised 12 Q&A 13 Investor events Forward-
Slide 3: Navigating in troubled waters
Navigating in troubled waters Long-term focus and capital resources support our strategic path Long-term value creation • 2023-24 strategic priorities are unchanged • Focus on lasting operational improvements • Infrastructure, technology build-up, innovation and upscaling is key • Tactical adjustmen
Slide 4: Group highlights Q3 2022
Group highlights Q3 2022 Financial results impacted by market conditions Q3 2022 results Revenue, DKKm EBIT margin, % Free cash flow, Capital resources, 228.0 12.8 DKKm DKKm 26.3 676.5 Q3 2021: 246.4 Q3 2021: 22.6 Q3 2021: 58.0 Q3 2021: 840.3 Q3 YTD 2022 results Revenue, DKKm EBIT margin, % Free cas
Slide 5: FK Distribution
FK Distribution Results impacted by cost – underlying demand remains strong • Lower revenue in packaging and distribution, particularly in September. • Leaflet volumes down 9% in Q3-22, 5.4% YTD, mainly for durable goods • Trend: Leaflets with fewer pages, fewer campaigns and thinner paper. Customer
Slide 6: Digital: minetilbud fits growing trend to meet consumers online
Digital: minetilbud fits growing trend to meet consumers online • Online platform for digital leaflets and catalogues • Position among customers and consumers further strengthened. Current market situation boosts this development • Revenue up 22% in Q3 2022 and up 18% YTD from increased number of le
Slide 7: BoligPortal
BoligPortal Quarterly revenue in Q3 at all-time high • New services and advertising income were growth drivers • +200% growth in new products and services. • All-time high number of lease contracts and move-in/out inspection reports • In September, slowdown in number of new subscribers, likely due t
Slide 8: Ofir
Ofir Revenue growth despite significant slowdown in job adds • Public-sector customers remained main contributor to growth, while revenue from private-sector customers dropped slightly • Ofir job add business stable in September, despite 17% market decline • Number of online job campaigns increased
Slide 9: Bekey
Bekey Lower results, and new-wins among municipalities • Homecare DK was profitable due to scale, new contracts were signed • Revenue from recurring license and service fees grew 8% • Minor positive contribution from Distributor customers • Full expense of all development and installation costs impa
Slide 10: Recap: Strategic progress Q3 YTD 2022
Recap: Strategic progress Q3 YTD 2022 Last Mile Digital Services Better than expected Better than expected Better than expected As expected • Double-digit growth in • Double-digit income growth • Develop new data • Build high-volume business in Minetilbud and selected mail from partnerships and plat
Slide 11: Full-year outlook revised
Full-year outlook revised Last Mile guidance (DKKm) Group full-year guidance (DKKm) Revenue EBIT Revenue EBIT 837 - 846 188 - 192 995 - 1,010 190 - 200 Previously: 851 - 866 Previously: 192 – 208 Digital Services guidance (DKKm) Previously: 1,015 – 1,040 Previously 195 - 220 Revenue EBIT 158 - 164 1
Slide 12: Q&A
Q&A 12 3 November, 2022 Q3 2022 Investor Presentation
Slide 13: 2022 Investor events
2022 Investor events IR contact: 3 November Q3 teleconference CFO Kåre Wigh T: (+45) 3957 7000 3 November HC Andersen Capital presentation (online) M: (+45) 2565 2145 E: kw@northmedia.dk 8 November Aktieinfo webinar 16 November Økonomisk Ugebrev seminar, Copenhagen 13 3 November, 2022 Q3 2022 Invest
Slide 14: North Media A/S Q3 2022 report
3 November, 2022 Q3 2022 Investor Presentation North Media A/S Q3 2022 report