Siili Solutions Oy · OMXHEX:SIILI

Siili Solutions Oy — FY2018 Earnings Presentation

12 slides from Siili Solutions Oy's earnings presentation, Feb 27, 2019

  1. Slide 1: Results release 2018

    Results release 2018 Siili Solutions Oyj 27.2.2019 Timo Luhtaniemi

  2. Slide 2: 2018 our revenue grew as planned, but profitability declined

    2018 our revenue grew as planned, but profitability declined Revenue Revenue EBITDA growth EUR 70,4 21 % EUR 4,1 million million

  3. Slide 3: Both growth and investments in our international business

    Both growth and investments in our international business Drivers for growth were both the growth Oulu of existing customer relationships as well as success in acquiring new business particularly in Europe. EUR 9,3 million Seinäjoki Revenue outside of Finland Profitability was affected by expenses (

  4. Slide 4: Acquisition of VALA Group in line with the new strategy

    Acquisition of VALA Group in line with the new strategy • Experts in software automation • Strong culture and brand • Siili has acquired 60 % of the company’s shares • VALA will continue as an independent unit, taking advantage of the synergies born in sales and customer relationships

  5. Slide 5: Development of the amount of shareholders semiannually 2012–2018

    Development of the amount of shareholders semiannually 2012–2018 5000 4482 4280 4338 4021 4000 3623 3145 3000 2480 1906 2000 1443 960 1000 522 245 307 0 H2-2012 H1-2013 H2-2013 H1-2014 H2-2014 H1-2015 H2-2015 H1-2016 H2-2016 H1-2017 H2-2017 H1-2018 H2-2018

  6. Slide 6: Key figures

    Key figures • EBITDA, % of revenue 6 % (2017: 10 %) • Cash flow from operations EUR 2,1 (4,9) million • Gearing -13 % (-39 %) (target: Net debt / EBITDA < 2) • Cash at the end of the period EUR 10,0 (9,0) million • Personnel at the end of the period 697 (563) • Earnings per share EUR 0,23 (0,59) • P

  7. Slide 7: EBITDA declined EUR 1,8 million from 2017

    EBITDA declined EUR 1,8 million from 2017 1. Revenue growth +21 % 2. Inefficient structures, salary inflation and low utilization rates in our international operations decreased EBITDA by approximately EUR 2,2 million 3. Growth of fixed expenses decreased EBITDA by approximately EUR 0,9 million. One

  8. Slide 8: We are now building the base for success in the next decade

    We are now building the base for success in the next decade

  9. Slide 9: Our corrective measures aim for sustainable results, not quick wins

    Our corrective measures aim for sustainable results, not quick wins Factors decreasing profitability à Strategic development projects • Inefficient administrative structures in the 1. Creating an agile organization model that supports organization growth • Salary inflation in the Helsinki region 2.

  10. Slide 10: New management team

    New management team Timo Luhtaniemi Kristiina Burtsoff Aleksi Kankainen Antti Kiukas Väinö Leskinen Jarkko Malviniemi CEO CHRO CFO CMO SVP, Siili Auto VP, Solutions Erkka Niemi Kari Pirttikangas Pasi Ropponen Hanna Seppänen Kristian Takala CTO VP, Siili_one SVP, General Counsel VP, Key Accounts Clou

  11. Slide 11: Revenue guidance for 2019

    Revenue guidance for 2019 90,0 20,0 % 80,0 70,0 60,0 Revenue , MEUR 50,0 10,0 % EBITDA -% 40,0 30,0 20,0 10,0 0,0 0,0 % 2011 2012 2013 2014 2015 2016 2017 2018 2019 Revenue, MEUR Revenue guidance, MEUR EBITDA -% EBITDA -% -guidance Revenue for 2019 is expected to be EUR 75–85 million, and EBITDA is

  12. Slide 12: In 2019 we will create the next version of Siili

    In 2019 we will create the next version of Siili

Siili Solutions — FY2018 Earnings Presentation on 6ix