Digia Oyj · OMXHEX:DIGIA
Digia Oyj — Q3 2009 Earnings Presentation
18 slides from Digia Oyj's earnings presentation, Oct 30, 2009
Slide 1: Digia Oyj Interim Report 1-9/2009
Digia Oyj Interim Report 1-9/2009 30.10.2009 Juha Varelius CEO
Slide 2: Summary 1-9/2009
Summary 1-9/2009
Slide 3: Summary 1-9/2009
Summary 1-9/2009 • Net sales declined slightly • Consolidated net sales EUR 87.1 million, down 3.6 per cent (EUR 90.4 million 1-9/2008) • Profitability increased and on a good level • Profitability (EBIT-%) 13.2 per cent (11.6 per cent 1-9/2008) • Earnings per share increased to EUR 0.35, up 16.7 pe
Slide 4: Net sales 1-9/2009
Net sales 1-9/2009 Net Sales, EUR million 100 1-9/ 2009 1-9/ 2008 90 Mobile Solutions 35,5 39,5 80 Enterprise Solutions 51,6 50,9 70 60 Digia Group 87,1 90,4 50 40 30 20 10 0 2008 2009 4 © 2009 Digia Plc
Slide 5: Profitability 1-9/2009
Profitability 1-9/2009 Profitability (EBIT), EUR million 12 1-9/ 2009 1-9/ 2008 Mobile Solutions 2,7 4,8 10 Enterprise Solutions 8,8 5,7 8 Digia –konserni 11,5 10,5 6 4 2 0 2008 2009 5 © 2009 Digia Plc
Slide 6: Summary 7-9/2009
Summary 7-9/2009 • Net sales declined slightly • Consolidated net sales EUR 25.3 million, down 1.4 per cent (EUR 25.6, 7-9/2008) • Profitability increased considerably • Profitability (EBIT-%) 13.6 per cent (10.0 per cent 7-9/2008) • Earnings per share increased to EUR 0.10, up 66.7 per cent (EUR 0.
Slide 7: Net sales 7-9/2009
Net sales 7-9/2009 Net sales, EUR million 30 25 20 15 7-9/ 7-9/ 2009 2008 10 Mobile Solutions 10,1 10,6 Enterprise Solutions 15,1 15,0 5 Digia -konserni 25,3 25,6 0 2008 2009 7 © 2009 Digia Plc
Slide 8: Profitability 7-9/2009
Profitability 7-9/2009 Profitability (EBIT), EUR million 3,5 3 2,5 2 1,5 7-9/ 7-9/ 2009 2008 1 Mobile Solutions 0,6 0,4 Enterprise Solutions 2,8 2,2 0,5 Digia –konserni 3,4 2,6 0 2008 2009 8 © 2009 Digia Plc
Slide 9: Credit facility
Credit facility • Company has in February agreed on a new EUR 50 million credit facility of 3-years term, by which the current loans will be repaid in their entirety • Credit facility covers a bank-financed package of EUR 42 million (Pohjola, Nordea ja Varma) and re- borrowing of employee pension co
Slide 10: Markets and Digia's business
Markets and Digia’s business
Slide 11: Markets and Digia's business
Markets and Digia’s business • Business succeeded well during the reporting period in the prevailing circumstances • Good profitability and strong positive cash flow maintained • Repayment of loans by a total of EUR 16.1 million during the reporting period. • Market situation still remains challengi
Slide 12: Markets and Digia's business
Markets and Digia’s business • Demand and profitability of the Mobile Solutions business behind the expectations • Business burdened by the ongoing structural changes in the business environment and increasing price competition • Company has developed expertise in new technology platforms • Growth d
Slide 13: Consolidation of office network and cooperation negotiations
Consolidation of office network and cooperation negotiations related thereto
Slide 14: Actions
Actions • Digia plans to close down the sites in Kuopio, Turku, Lahti and Vaasa, which employ a total of ca. 80 persons • In addition, the company plans to reduce the staff of its software testing, product support and integration service functions in Pori by a maximum of ten employees. • Cooperation
Slide 15: Grounds and objectives
Grounds and objectives • Ongoing structural changes of the Mobile Solutions business and the fragmented site structure have resulted in over- capacity of resources • In Pori and Yaroslavl certain service areas are affected by a permanent decline in demand or competitiveness • By consolidating its ne
Slide 16: Outlook and Targets for 2009
Outlook and Targets for 2009
Slide 17: Outlook and Targets for 2009
Outlook and Targets for 2009 • Global recession will result in decline of the IT-market, which will have an effect also on the demand of Digia’s services; however, speed of decline has steadied • Digia nevertheless believes to be able to maintain good profitability of its operative business also dur
Slide 18: Thank you!
Thank you! Juha.varelius@digia.com www.digia.com