19 slides from Cgi Inc. Class A's earnings presentation, Jan 29, 2025
Slide 1: First Quarter Fiscal 2025
First Quarter Fiscal 2025 Financial results and highlights For the three months ended December 31, 2024 and 2023 January 29, 2025
Slide 2: Forward-Looking Information and Statements
Forward-Looking Information and Statements Our presentations contain “forward-looking information” within the governance (ESG) initiatives and standards, and to achieve ESG All amounts are in Canadian dollars unless otherwise indicated. meaning of Canadian securities laws and “forward-looking statem
Slide 3: François Boulanger and Steve Perron
François Boulanger Steve Perron President and Executive Vice-President and Chief Executive Officer Chief Financial Officer © 2025 CGI Inc. 3
Slide 4: Financial highlights: Q1 F2025
Financial highlights: Q1 F2025 Q1 F2025 vs. Q1 F2024 Revenue $3.79B 5.1% Constant currency revenue growth1 2.7% Earnings before income taxes $592M 12.3% Earnings before income taxes margin2 15.6% 100 bps Adjusted EBIT1 $612M 4.7% Adjusted EBIT margin1 16.2% — 0 bps Net earnings $439M 12.
Slide 5: CEO Remarks
CEO Remarks “CGI began fiscal 2025 with positive momentum as our team’s disciplined execution of our plan delivered strong first quarter results, even as some client industries continued to navigate a dynamic business environment,” said François Boulanger, President and Chief Executive Officer. “Our
Slide 6: CGI's Talent Profile: 91,000 consultants and professionals
CGI’s Talent Profile: 91,000 consultants and professionals CGI’s balanced global delivery model 63% 14% of CGI consultants are 23% of CGI consultants are of CGI consultants are in in client proximity in nearshore or onshore Delivery CGI’s Global Delivery Centers (including India, Philippines and Mor
Slide 7: Revenue mix: Q1 F2025
Revenue mix: Q1 F2025 (in millions of dollars and % of revenue) Service type Client geography Vertical market H E G D F A A B E A C D B C B A. Managed IT and business A. U.S., 32% A. Government, 38% process services, 57% B. Canada, 15% B. Financial Services, 22% C. France, 15% B. Business and strate
Slide 8: Financial highlights: Q1 F2025 (in millions of dollars and % of revenue)
Financial highlights: Q1 F2025 (in millions of dollars and % of revenue) Earnings before income taxes and margin1 Net earnings and margin1 Diluted EPS $592 $1.92 +12.3% $439 +15.0% +12.5% $527 $390 $1.67 14.6% 15.6% 10.8% 11.6% Q1 F2024 Q1 F2025 Q1 F2024 Q1 F2025 Q1 F2024 Q1 F2025 Adjusted EBIT and
Slide 9: Other Financial Metrics
Other Financial Metrics Cash from operating activities Capital structure ratios Q1 F2025 Return on Invested Capital2 $646M 16.2% versus 15.9% in prior year period 17.1% of revenue1 Prior year period $577M Last-12-months Net Debt to Capitalization2 $2.27B 13.7% versus 17.6% in prior year period
Slide 10: Book-to-bill ratio of 107.8% for the last twelve months
Book-to-bill ratio of 107.8% for the last twelve months Q1 F2025 bookings1 Q1 F2025 Book-to-bill ratio1 Last-12-months Book-to-bill ratio1 $4.2B 109.8% 107.8% Q1 F2025 Bookings by contract type Q1 F2025 Bookings by service type Business and strategic IT consulting and systems New business integratio
Slide 11: Segmented Results
Segmented Results Q1 F2025 Q1 F2024 Revenue Adjusted EBIT1 Revenue Adjusted EBIT1 In millions of CAD $ $ % $ $ % Western and Southern Europe 652.5 84.0 12.9% 653.1 86.7 13.3% U.S. Commercial and State Government 578.2 78.0 13.5% 559.0 70.4 12.6% U.S. Federal 566.0 73.2 12.9% 483.2 69.9 14.5% Canada
Slide 12: Revenue Trend
Revenue Trend Revenue of $3,785 million, year-over-year growth of 5.1% or 2.7%* on a constant currency basis In millions Revenue Growth Constant currency growth* $4,000 15.0% $3,500 10.0% 5.1% $3,000 5.0% 2.7% $2,500 0.0% $2,000 -5.0% $1,500 -10.0% Q1 F2022 Q2 F2022 Q3 F2022 Q4 F2022 Q1 F2023 Q2 F20
Slide 13: Earnings Before Income Taxes and Margin Trend
Earnings Before Income Taxes and Margin* Trend Earnings before incomes taxes of $592 million; margin of 15.6%, up 100 basis from Q1 F2024 In millions Earnings before income taxes Earnings before income taxes margin* $600 18.0% $550 17.0% $500 15.6% 16.0% $450 15.0% $400 14.0% $350 13.0% $300 12.0% Q
Slide 14: Adjusted EBIT and Margin Trend
Adjusted EBIT* and Margin* Trend Adjusted EBIT of $612 million; margin of 16.2%, stable as compared to Q1 F2024 In millions Adjusted EBIT* Adjusted EBIT margin* $700 17.0% $650 16.5% 16.2% $600 16.0% $550 15.5% $500 15.0% $450 14.5% $400 14.0% Q1 F2022 Q2 F2022 Q3 F2022 Q4 F2022 Q1 F2023 Q2 F2023 Q3
Slide 15: Net Earnings Margin and Diluted EPS Trend
Net Earnings Margin* and Diluted EPS Trend Net earnings of $439 million – diluted EPS of $1.92, up 15.0% from Q1 F2024 Diluted EPS Net earnings margin* $2.00 12.5% $1.90 12.0% $1.80 11.5% 11.6% $1.70 11.0% $1.60 10.5% $1.50 10.0% $1.40 9.5% $1.30 $1.20 9.0% $1.10 8.5% $1.00 8.0% Q1 F2022 Q2 F2022 Q3
Slide 16: Adjusted Net Earnings Margin and Diluted EPS Trend
Adjusted Net Earnings Margin* and Diluted EPS* Trend Adjusted net earnings of $449 million – adjusted diluted EPS of $1.97, up 7.7% from Q1 F2024 Adjusted diluted EPS* Adjusted net earnings margin* $2.00 13.0% $1.90 12.7% $1.80 12.4% $1.70 11.9% 12.1% $1.60 11.8% $1.50 11.5% $1.40 11.2% $1.30 10.9%
Slide 17: Long-Term Debt and Lease Liabilities Trend
Long-Term Debt and Lease Liabilities* Trend Long-term debt and lease liabilities at $3.40 billion, up $0.40 billion from Q1 F2024 In millions Long-term debt and lease liabilities* $4,500 $4,000 $3,500 $3,000 $2,500 $2,000 Q1 F2022 Q2 F2022 Q3 F2022 Q4 F2022 Q1 F2023 Q2 F2023 Q3 F2023 Q4 F2023 Q1 F20
Slide 18: Net Debt Trend
Net Debt* Trend Net debt at $1.57 billion or 13.7% net debt to capitalization ratio, down 390 basis points from Q1 F2024 In millions Net debt * Net debt to capitalization ratio* $3,500.0 35% $3,000.0 30% $2,500.0 25% $2,000.0 20% 13.7% $1,500.0 15% $1,000.0 10% $500.0 5% $0.0 0% Q1 F2022 Q2 F2022 Q3
Slide 19: Contact our investor relations team to continue the conversation
Contact our investor relations team to continue the conversation Kevin Linder Senior Vice-President, Investor Relations kevin.linder@cgi.com +1-905-973-8363 IR@cgi.com cgi.com For more information: cgi.com/investors