Slide 1: Interim Report 1.1. – 30.6.2013
Interim Report 1.1. – 30.6.2013 Jukka Rinnevaara CEO
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by the Company. The information on which it is based has not been independently verified by any other person. This presentation is not intended to provide the basis of any investment decision and should not be considered as a recommendation by the Compa
Slide 3: Our mission
Our mission We develop and offer video and broadband products, services and solutions for cable operators and the public sector. We make everyday life easier, safer and more efficient.
Slide 4: Market situation Q2/2013
Market situation Q2/2013 Video and Broadband Solutions Market situation at par with the comparative period • Network investments by cable operators delayed • by significant consolidation projects in the operator field • comparisons between network technologies (D3.1 decentralized – centralized) • De
Slide 5: Q2 - Group
RESULT Q2 - Group Q2 2013 Q2 2012 Change% Orders Received 44.2 49.2 -10.1% Net Sales 46.5 49.7 -6.4% EBIT 1.7 2.4 -28.2% EBIT % 3.7% 4.9% n/a Net Profit for the Period 1.3 1.2 5.1% 5
Slide 6: Q2 - Video and Broadband Solutions
RESULT Q2 - Video and Broadband Solutions Q2 2013 Q2 2012 Change% Orders Received 23.4 23.8 -1.8% Net Sales 25.6 24.3 5.5% EBIT 2.3 1.5 49.1% EBIT % 9.0% 6.4% n/a 6
Slide 7: Q2 – Network Services
RESULT Q2 – Network Services Q2 2013 Q2 2012 Change% Orders Received 20.9 25.4 -17.9% Net Sales 20.9 25.4 -17.9% EBIT -0.6 0.9 n/a EBIT % -2.7% 3.4% n/a 7
Slide 8: H1 - Group
RESULT H1 - Group H1 2013 H1 2012 Change% Orders Received 87.6 98.3 -10.9% Net Sales 92.3 100.8 -8.5% EBIT 4.3 5.4 -19.0% EBIT % 4.7% 5.3% n/a Net Profit for the Period 3.1 3.2 -5.1% 8
Slide 9: H1 - Video and Broadband Solutions
RESULT H1 - Video and Broadband Solutions H1 2013 H1 2012 Change% Orders Received 44.8 50.2 -10.8% Net Sales 49.4 51.8 -4.5% EBIT 4.7 4.1 16.5% EBIT % 9.6% 7.9% n/a 9
Slide 10: H1 – Network Services
RESULT H1 – Network Services H1 2013 H1 2012 Change% Orders Received 42.8 48.1 -11.1% Net Sales 42.8 49.0 -12.7% EBIT -0.4 1.3 n/a EBIT % -0.9% 2.6% n/a 10
Slide 11: EPS
0,40 0,35 0,30 0,25 0,20 0,15 0,10 0,05 0,00 co {) [ony 0,36 0,27 +0, 48—— 0,02 la 2009 2010 2011 2012 H1/2013
Slide 12: Equity Ratio
60% 50% 40% 30% 20% 10% 0% 50,5 % 48,5 % 43,6 % 43,6 % 41,6 % 2009 2010 2011 2012 H1/2013
Slide 13: Gearing
40% 30% 20% 10% 0% 32,2 % 22,0 % 25,5 % 21,8 % 13,7 % 2009 2010 2011 2012 H1/2013
Slide 14: Outlook
Outlook Network capacity will continue to increase driven by the new video services provided by the operators. However, comparisons made by the operators concerning the future access network technologies could delay the launch of investments. We estimate profitability of Video and Broadband Solution
Slide 15: We are living in an age of digital evolution
”We are living in an age of digital evolution. The world is networking, the volume of information is growing and the modes and means of communications are changing. Today, people want different things than in the past.”