Talenom Oyj · OMXHEX:TNOM
Talenom Oyj — Q1 2022 Earnings Presentation
12 slides from Talenom Oyj's earnings presentation, Apr 26, 2022
Slide 1: Talenom Plc Business Review Q1 2022
Talenom Plc Business Review Q1 2022 Matti Eilonen, CFO 26 April 2022
Slide 2: Presentation Content
PRESENTATION CONTENT • HIGHLIGHTS FROM THE REVIEW PERIOD • STRATEGY PROGRESS DURING THE REVIEW PERIOD • GROUP FINANCIAL DEVELOPMENT • COUNTRY-SPECIFIC FINANCIAL DEVELOPMENT • OUTLOOK
Slide 3: First Quarter of 2022
FIRST QUARTER OF 2022 STRONG GROWTH IN NET SALES EBIT MARGIN WAS EXCELLENT GUIDANCE FOR 2022 UNCHANGED +24% 19% NET SALES EUR 100-110 MILLION OPERATING PROFIT EUR 15-18 MILLION (+17%) (22%)
Slide 4: Unbeatable accounting and banking services for SMEs
Unbeatable accounting and banking services for smes
Slide 5: Strategy progress Q1/2022
Strategy progress Q1/2022 • 1/3 of growth organic, 2/3 from acquisitions • Organic growth is driven by increased customer volumes and growth in sales of value-added services in Finland GROWTH • New customer acquisition has worked well in Sweden • Five acquisitions in Finland and Sweden • New service
Slide 6: Internationalisation progressing as planned
INTERNATIONALISATION PROGRESSING AS PLANNED Net sales distribution Q1/2022 Net sales distribution Q1/2021 1% 0% 13% 16% 83% 87% Finland Sweden Other countries Finland Sweden Other countries -
Slide 7: Strong growth with excellent profitability
STRONG GROWTH WITH EXCELLENT PROFITABILITY Net sales in January-March (EUR million) Operating profit in January-March +24.1% 30 6 23.3% 25% 21.4% 21.7% 25.2 4.9 25 4.4 20% 20.3 19.3% 20 4 3.7 17.4 3.4 15% 14.8 15 10% 10 2 5% 5 0 0 0% Q1 2019 Q1 2020 Q1 2021 Q1 2022 Q1 2019 Q1 2020 Q1 2021 Q1 2022 Op
Slide 8: Business development in Finland
Business development in finland Net sales development in January-March EBITDA development in January-March EUR million +16.5% 25 10 50% 21.0 8.4 39.4% 40.1% 20 18.0 8 36.9% 40% 7.1 16.7 6.2 15 6 30% 10 4 20% 5 2 10% 0 0 0% Q1 2020 Q1 2021 Q1 2022 Q1 2020 Q1 2021 Q1 2022 EBITDA Finland, EUR million E
Slide 9: Business development in Sweden
BUSINESS DEVELOPMENT IN SWEDEN Net sales development in January-March EBITDA development in January-March EUR million +73.1% 0,6 13.0% 15% 5 13.0% 0.5 4.0 4 0,4 10% 3 2.3 2 4.5% 0,2 5% 1 0.7 0.09 0.1 0 0 0% Q1 2020 Q1 2021 Q1 2022 Q1 2020 Q1 2021 Q1 2022 EBITDA Sweden, EUR million EBITDA Sweden, as
Slide 10: Outlook and guidance
OUTLOOK AND GUIDANCE OUTLOOK AND GUIDANCE FOR 2022 UNCHANGED NET SALES EUR million 100–110 (PUBLISHED 16 DECEMBER 2021) Talenom expects 2022 net sales to be EUR 100-110 million and operating profit (EBIT) to be EUR 15-18 million. ASSUMPTIONS 65 83 58 49 41 • Talenom expects the accounting services m
Slide 11: Otto-Pekka Huhtala CEO and Matti Eilonen CFO contact details
OTTO-PEKKA HUHTALA CEO +358 40 703 8554 otto-pekka.huhtala@talenom.fi MATTI EILONEN CFO +358 40 753 4335 matti.eilonen@talenom.fi
Slide 12: Disclaimer
DISCLAIMER Certain statements in this presentation contain declarations on the future and are based on the company's and management's views at the time of their issue. They therefore involve risks and uncertainties. Future development may also change if there are significant changes in the general e