Slide 1: Q2 2018
Q2, 2018 Addnode Group contributes to a digitized society where people, companies, government and organizations interact with the technology that surrounds us
Slide 2: Agenda
Agenda • Addnode Group • Q2 2018 • Summary • Significant events • Divisions • Financial position • Shareholders and share • Trends and Addnode Group as investment
Slide 3: Addnode Group
Addnode Group Addnode Group acquires, operates and develops entrepreneurial companies that help digitize society.
Slide 4: Addnode Group key figures and divisions
2,768 256 1,500 55% 17 LTM SEK M SEK M Recurring July 2017 Employees countries Net sales EBITA revenue June 2018 Software and services Design, simulation and Management and maintenance of product life cycle management. buildings and workplace service. Public administration. 4
Slide 5: 12% YoY growth since 2007
12% YoY growth since 2007 SEK M 3 000 11,1% 12% 10,9% 10,2% 9,9% 9,2% 9,1% 9,5% 9,3% 2 500 8,8% 10% 8,4% 6,6% 7,8% 2 000 8% 7,7% 1 500 6% 6,4% 1 000 4% 500 2% 2,0% 0 0% 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Q2 2018 RTM Net sales EBITA margins* * * Excl. Capital gains
Slide 6: Summary Q2 2018: Good growth and strongly improved earnings
Summary Q2 2018: Good growth and strongly improved earnings Net sales, SEK M 717 (588) +22% EBITA, SEK M +88% 62 (33) EBITA margin 8.6 (5.6) procent Earnings per share +250% 0.91 (0.26) SEK Cash flow from operating activities 27 (-20) MSEK
Slide 7: Significant events Q2, 2018
Significant events Q2, 2018 • Directed new issue of three million shares increased liquid assets and shareholders’ equity by SEK 254 m.
Slide 8: Summary H1 2018: Good growth and strongly improved earnings
Summary H1 2018: Good growth and strongly improved earnings Net sales, SEK M 1,454 (1,207 ) +20% EBITA, SEK M +52% 129 (85) EBITA margin 8.9 (7.0) procent Earnings per share +66% 1.86 (1.12) SEK Cash flow from operating activities 232 (160) MSEK +45%
Slide 9: Earnings distribution, Q2 2015 – Q2 2018, SEK M
Earnings distribution, Q2 2015 – Q2 2018, SEK M
Slide 10: Net sales, quarterly trend, SEK M
10 Net sales, quarterly trend, SEK M SEK M, quarterly 900 3.04 a1 102/03 a4 2015 2016 in | Quarterly at a2.a3\a4 2017 SEK M, LTM Q1 Q2 2018 TAA Last Twelve Months (LTM) EBITA, quarterly trend SEK M SEK M, quarterly SEK M, LTM 120 260 + 240 100 220 80 + 200 Pe ae - 180 60 160 + 140 40 + 120 20 100 +
Slide 11: Decentralised organisation with three divisions
Decentralised organisation with three divisions 11
Slide 12: Design Management
Design Management Design Management develops and provide software and services for design, product data management, project collaboration and property management to customers in the Nordic countries, Great Britain, Australia and Canada. Q2 Q2 Jan-June Jan-June 2018 2017 2018 2017 Net sales, SEK M 24
Slide 13: Product Lifecycle Management (PLM)
Product Lifecycle Management (PLM) PLM develops and provides software and services for design, simulation, IoT and product life cycle management to customers in the Nordic region, Germany, the United Kingdom and the United States. Q2 Q2 Jan-June Jan-June 2018 2017 2018 2017 Net sales, SEK M 285 205
Slide 14: Process Management
Process Management Process Management develops and provides software and services for government management, e-archiving, information management and citizens dialogue to customers in Sweden and Norway. Q2 Q2 Jan-June Jan-June 2018 2017 2018 2017 Net sales, SEK M 192 176 +14% 393 352 EBITA, SEK M 24
Slide 15: +50 acquisitions since 2003
ADTOLLO oe ADDNODE GROUP +50 acquisitions y CANELLA since 2003 ADDNODE GROUP FORSLER STJERNA ADDNODE GROUP INTRINSYS ADDNODE GROUP INPORT ADDNODE GROUP KOMPANION ADDNODE GROUP SERVICE WORKS GLOBAL ADDNODE GROUP N g Dinos a
Slide 16: Cash Flow Q2 and Jan-June 2018
Cash Flow Q2 and Jan-June 2018 Q2 Q2 2018 2017 SEK M 2018 2017 Jan-June Jan-June Cash flow from operating activities before changes in working capital 42 28 91 76 Total change in working capital -15 -48 141 84 Cash flow from operating activities 27 -20 232 160 Cash flow from financing and investing
Slide 17: Financial position
Financial position 118 SEK M 232 MSEK Net debt Cash flow from operating activities June 30, 2018 1 Januari – 31 June 2018 523 SEK M 42% Liquid funds Equity/assets ratio June 30, 2018 June 30, 2018
Slide 18: Largest shareholders 2018-06-30
Largest shareholders 2018-06-30
Slide 19: Digitalization and globalization drives demand
Digitalization and globalization drives demand Demography Technology Market Increased Visualization Collaboration Automation Population Competition Urbanization/ Simulation IoT and Price Smart Cities Pressure
Slide 20: The Addnode Group Story: From Sweden to the World
The Addnode Group Story: From Sweden to the World Growth International Trends in our favour Digitalization Urbanization +12% Vizualisation YoY Automation Growing Product Portfolio Industry leaders Acquisition driven growth Design & PLM Facility Management Public sector +50
Slide 21: Addnode Group
ADDNODE GROUP