Datagroup Se · XETR:D6H

Datagroup — Investor Presentation (February 2024)

32 slides from Datagroup's investor presentation, Feb 23, 2024

  1. Slide 1: DATAGROUP is synonymous with stability

    DATAGROUP is synonymous with stability Analyst Presentation February 2024

  2. Slide 2: Who are we: Leading German IT full service provider

    Who are we: Leading German IT full service provider  Rock solid business model based on innovative CORBOX service suite  Helping companies to increase efficiency, safe costs, skilled labor shortage ~ 3,500 ~ € 500m  High share of long-term contracts with recurring revenues offers Employees in rev

  3. Slide 3: Business Model: Full service offering for IT, cloud and security services

    Business Model: Full service offering for IT, cloud and security services  Innovative Service as a Product approach with CORBOX service suite at its core  Standardization as a basis for automation and efficiency gains  Economies of scale through industrial service provision  Modular solution for

  4. Slide 4: Data Centers in Germany in Colocation with Public Cloud Integration

    Data Centers in Germany in Colocation with Public Cloud Integration  Improved desaster recovery abilities based on a joint Data Center backbone in Frankfurt-Düsseldorf  ISAE 3402 Audit certificate according  Optimal public cloud connection to DECIX to COBIT for SOX and ECIX  Integration of Nurem

  5. Slide 5: The DATAGROUP Production Model

    The DATAGROUP Production Model Virtually centralized Market units supply units ensure Central supply units  Efficiency gains / cost New locations control  Automation  Public cloud integration  Scalability / capacity for growth Local presence ensures  Eye height  Proximity  On-site services 

  6. Slide 6: Dec. 2023: Acquisition of CONPLUS

    Dec. 2023: Acquisition of  CONPLUS offers a complete portfolio of services around SAP Business One  Focus in the SME segment (small and mid-sized enterprises)  Approx. 250 customers in Northern and Western Germany (primarily trade and production companies)  Product portfolio: SAP licences (>25%)

  7. Slide 7: Jan. 2024: Acquisition of iT TOTAL

    Jan. 2024: Acquisition of  iT TOTAL is an IT Service provider with a strongly growing managed services sector and a software and hardware business  Diversified customer structure of regional medium-sized companies with over 200 customers from various industries Opportunites & Outlook ~ € 11.2m 37

  8. Slide 8: Highlights Q1 2023/24

    Highlights Q1 2023/24 Company Highlights Financial Highlights  Very strong order intake well above  High demand for CORBOX core previous year: business  13 new CORBOX customers  New CORBOX customer order  13 cross- & up-sellings intake of more than € 15m on an annual basis  16 contract extensi

  9. Slide 9: Very strong Order Intake with CORBOX

    Very strong Order Intake with CORBOX Neues Bild Neues Bild Special Chemistry Trade Fair Warms and Power Generation Telecommunication and IT Onsite Support Cloud Management Managed IT Services Private Cloud 4 years, ca. € 0.5m / year 5 years, ca. € 5.3m / year 5 years, ca. € 0.3m / year 3 years, ca.

  10. Slide 10: Q1 23/24: Very strong order intake, revenue below previous year as expected

    Q1 23/24: Very strong order intake, revenue below previous year as expected  Total revenue slightly below previous year due to the €m Revenue €m EBITDA absence of the COVID-related special boom and the 225 revenue transformation of low-margin contracts 130 20 126.2 19.7 -4.1 % -5.9 %  Service reve

  11. Slide 11: Q1 23/24: Earnings and margin influenced by investments in future topics

    Q1 23/24: Earnings and margin influenced by investments in future topics KI, Cloud and Security  Total revenue slightly below previous year due to the €m EBIT € EPS absence of the COVID-related special boom and the 225 revenue transformation of low-margin contracts 12 1 11.5  Service revenue incre

  12. Slide 12: Selected P&L Ratios in Q1 23/24

    Selected P&L Ratios in Q1 23/24 Figures in € k Q1 22/23 Q1 23/24 Change Revenue 126,207 1) 121,069 -4.1%  Material expenses Services and maintenance 100,582 104,790 +4.2% decrease primarily due Trade 25,821 1) 16,423 -36.4% to reduced trade Other own work capitalized 449 -77 -117.2% revenues Change

  13. Slide 13: Selected Balance Sheet Ratios in Q1 23/24

    Selected Balance Sheet Ratios in Q1 23/24 Figures in € k 30.09.23 31.12.23 Change Goodwill 157,025 169,206 7.8%  Increase of Goodwill Non-current liabilities 151,789 156,929 3.4% driven by acquisition of thereof liabilities to banks 65,903 65,887 0.0% CONPLUS thereof leasing liabilities 33,414 30,2

  14. Slide 14: Cash Flow in Q1 23/24

    Cash Flow in Q1 23/24 Figures in € k Q1 22/23 Q1 23/24 Change Notes Cash flow from operating activities 17,391 12,668 -27.2%  Operating Cash flow remains solid Cash flow from investing activities -5,041 -11,593 +130.0%  CAPEX : € 2,427k in Q1 23/24 after € 2,747k in Q1 22/23  Outflow of € 9,597 f

  15. Slide 15: Highlights FY 2022/23

    Highlights FY 2022/23 Company Highlights Financial Highlights  Strong order intake:  Revenue of € 497.8m at the upper  20 new CORBOX customers end of the guidance  24 up-sellings  EBITDA of € 80.2m exceeding the guidance  33 contract extensions  EBIT increases disproportionately to  Acquisit

  16. Slide 16: 2022/23: Robust key financial figures show strength of business model

    2022/23: Robust key financial figures show strength of DATAGROUP's business model mEUR Revenue mEUR Gross profit  Revenues reach upper end of revised guidance 225 despite challenging macroeconomic environment 510,0 350 and € 40m special effects in FY 2022/23 493,9 497,8 341.2 +0.7% 340 +3.5% 490,0

  17. Slide 17: 2022/23: Robust key financial figures show strength of business model

    2022/23: Robust key financial figures show strength of DATAGROUP's business model mEUR EBITDA mEUR EBIT  EBITDA guidance slightly exceeded 225 85 48  EBITDA margin above 16% for the first time 46 45.3  Key earnings figures increase disproportionately due +9.3% 80 80.2 to efficiency measures and f

  18. Slide 18: Selected P/L ratios in FY 2022/23

    Selected P/L ratios in FY 2022/23: Figures in € k FY 2021/22 FY 2022/23 Change Revenues 493,950 497,796 0.7%  Sales slightly above Other own work capitalized 1,643 2,153 31.1% previous year's level despite € 40m negative effects on Changes in capitalized contract costs -3,580 -4,086 14.1% an annual

  19. Slide 19: Selected balance sheet ratios of FY 2022/23

    Selected balance sheet ratios of FY 2022/23: Figures in € k 30.09.2022 30.09.2023 Change  Solid balance sheet Goodwill 151,436 157,025 3.7% structure offers scope for Non-current liabilities 161,479 151,789 -6.0% further growth thereof liabilities to banks 69,225 65,903 -4.8%  Equity ratio further

  20. Slide 20: Cash flow FY 2022/23

    Cash flow FY 2022/23: Figures in € k FY 2021/22 FY 2022/23 Change Notes Cash flow from operating activities 70,254 46,664 -33.6%  Very good cash flow from operating activities shows the strength of DATAGROUPs business model Cash flow from investing activities -44,778 -64,834 44.8%  CAPEX: € 15,234

  21. Slide 21: Top end of revenue guidance of € 485-500m achieved

    Top end of revenue guidance of € 485-500m achieved Negative sales effects of c. € 40m on an annual basis: €m Revenue 13/14 – 22/23  Slowdown in sales from Covid- 19-related special boom ahead 550 of time 493.9 497.8 500  Change in accounting policy 40 444.7 450 (IFRS 15 Principal Agent) Negative s

  22. Slide 22: Strong development of gross profit

    Strong development of gross profit €m Gross profit 13/14 – 22/23  Gross profit increases disproportionately over the 400 years due to profitable CORBOX core business 350 341.2 329.8  Gross profit +3.5% in FY 295.0 22/23 despite loosing gross 300 profit by negative sales effects 248.1 250 (see prev

  23. Slide 23: EBITDA slightly above guidance underpins profitability of CORBOX core business

    EBITDA slightly above guidance underpins profitability of the CORBOX core business €m EBITDA 13/14 – 22/23 EBITDA margin 13/14 – 22/23 CAGR 13/14 – 22/23: 25.6%  EBITDA margin further improved to above 16% for 76.5 80.2 the first time 15.3% 15.5% 16.1% 80 15.0% 15.1% 16% 70 67.3 14% 12.6% 12.1% 60

  24. Slide 24: EBITA shows the outstanding operating profitability of the business model

    EBITA shows the outstanding operating profitability of the business model Extended reporting: €m EBITA 13/14 – 22/23 EBITA margin 13/14 – 22/23 CAGR 13/14 – 22/23: 23.9%  EBITA will be an integral part of regular reporting in the future. 60,0 53.0 12%  Based on the inorganic 48.9 10.6% growth mode

  25. Slide 25: EBIT guidance achieved despite investments in AI

    EBIT guidance achieved despite earnings-relevant investments in key future growth driver AI €m EBIT 13/14 – 22/23 EBIT margin 13/14 – 22/23 CAGR 13/14 – 22/23: 28,3%  EBIT above 9%, confirmation of mid-term guidance 45,3  Guidance achieved despite 50,0 10% 41,5 9,1% investment of more than 9% 8,3%

  26. Slide 26: Focus on CORBOX core business with stable growth and continuous transformation

    Focus on CORBOX core business with stable growth and continuous transformation Growth is made up of:  CORBOX core business €m CORBOX Revenues 18/19 – 22/23  Acquisitions 493.9 497.8 500 Other services &  Shift in sales 444.7 450 91 93 trade 400 69 23 +6% 358.2 44 350 45 42 53 40 306.8 37 300 40 6

  27. Slide 27: Outlook: Well on track for core business growth and FY 2023/2024 targets

    Outlook: Well on track for core business growth and our operating FY 2023/2024 targets after the first quarter Cross-selling and upselling to CORBOX customers (annual target: c. € 10–15m increase in CORBOX core business p.a.) New customer acquisition for the CORBOX core business (annual target: c. €

  28. Slide 28: Outlook: Selected Investments in Capacity for Growth and Scalability

    Outlook: Selected Investments in Capacity for Growth and Scalability through Artificial Intelligence, Cybersecurity and Cloud Extension of existing automation with Broadening of cyber security End-to-end own cloud capacities proprietary AI based technologie (AI portfolio in response to an increase e

  29. Slide 29: Back-up: M&A-History

    Back-up: M&A-History Messerknecht bte bürotechnik eggert Consinto ALMATO dna (120 employees), Oct. 2006 (10 employees), July 2008 (350 employees), Feb. 2012 (40 employees), Jan. 2018 (104 employees), Apr. 2021 ICP Arxes Excelsis UBL URANO Informationssysteme (15 employees), Oct. 2006 (380 employees)

  30. Slide 30: Extract from Financial Calendar

    Extract from Financial Calendar  20.02.24 Publication Q1 figures FY 23/24  14.03.24 Annual General Meeting, Pliezhausen  22.04.24 Metzler Small Cap Days, Frankfurt/Main  23.04.24 Quirin Champions Conference, Frankfurt/Main  13.-15.05.24 German Spring Conference, Frankfurt/Main  23.05.24 Public

  31. Slide 31: Contact

    Contact Anke Banaschewski Investor Relations M +49 177 41 80 747 anke.banaschewski@datagroup.de DATAGROUP SE Wilhelm-Schickard-Straße 7 72124 Pliezhausen, Germany datagroup.de IT´s that simple. DATAGROUP SE – February 2024 | 31

  32. Slide 32: Disclaimer

    Disclaimer This presentation has been produced by DATAGROUP SE with the sole purpose of providing decision support for the recipient. This presentation is no prospectus and in no way is intended to be an offer or solicitation to purchase or subscribe to corporate shares or other securities. This pre

Datagroup — Investor Presentation (February 2024) on 6ix