Slide 1: Bringing data to life
Bringing data to life 2024 Financial Results Media Conference March 12, 2025 Annual Media Conference 2025 | 12 March 2025 | 1 ©2024 ASCOM
Slide 2: Welcome
Welcome Daniel Lack, Company Secretary Annual Media Conference 2025 | 12 March 2025 | 2 ©2024 ASCOM
Slide 3: Agenda
Agenda 1. Full-year 2024 at a glance Nicolas Vanden Abeele, CEO 2. Financial Review 2024 Kalina Scott, CFO 3. 2025 Strategy & Business Update Nicolas Vanden Abeele, CEO 4. Guidance Nicolas Vanden Abeele, CEO 5. Questions & Answers Annual Media Conference 2025 | 12 March 2025 | ©2024 ASCOM 3
Slide 4: Full-year 2024 at a glance
Full-year 2024 at a glance Nicolas Vanden Abeele, CEO Annual Media Conference 2025 | 12 March 2025 | 4 ©2024 ASCOM
Slide 5: Full-year 2024 at a glance
Full-year 2024 at a glance Significant headwinds leading to challenging 2024 with lower financial performance Net revenue decline of 1.6% at constant currencies to CHF 286.7m (-3.6% at actual currencies) Incoming orders -1.5% at constant currencies (-3.5% at actual currencies). Solid Order Backlog o
Slide 6: 2024 challenges
2024 challenges Revenue development was close to prior year. Profitability decreased substantially, also due to one-off items. Revenue Growth Profitability • Volatile macro-environment • Higher severance costs • Muted hospital profitability • Higher Depreciation & Amortization due to investments • L
Slide 7: What are the underlying market dynamics
What are the underlying market dynamics And how we intend to capitalize on them Underlying industry trends remain solid for critical Macro 2024 macro volatility communication & collaboration solutions Muted hospital profitability & slow decision making Increased need for digitalization & higher effi
Slide 8: Focus in 2025 – Taking the next step in our strategy execution
Focus in 2025 – Taking the next step in our strategy execution Despite secular growth trends in the industry, short-term market outlook remains volatile Plan to bounce back: • Delivering profitable growth • Stronger cash flow generation • With a leaner and more customer-focused organization Key driv
Slide 9: Financial Review 2024
Financial Review 2024 Kalina Scott, CFO Annual Media Conference 2025 | 12 March 2025 | 9 ©2024 ASCOM
Slide 10: FY 2024 Key Figures (at actual rates, CHFm)
FY 2024 Key Figures (at actual rates, CHFm) Incoming Orders Order Backlog (1) Net Revenue -3.5% +9.1% -3.6% 318.6 307.4 301.5 297.3 286.7 276.4 2023 2024 2023 2024 2023 2024 EBITDA Net Working Capital (1) (2) Capital Expenditure (3) +3.1% -4.3% -29.2% 30.1 60.9 62.8 16.2 15.5 21.3 2023 2024 2023 202
Slide 11: Incoming Orders Flat (at constant currencies)
Incoming Orders Flat (at constant currencies) Good order intake growth in Rest of World; headwinds in Europe • Incoming Orders largely flat year over year: -1.5% at -3.5% -3.5% constant currencies (-3.5% 318.6 318.6 in CHF) 307.4 307.4 107.1 -9% in CHF • Maintenance and support 97.0 (-8% at CC) -10%
Slide 12: Order Backlog Growth by 9.1% in 2024
Order Backlog Growth by 9.1% in 2024 Growth in both, Projects and Maintenance & Support. More than 50% of Order Backlog converting to revenue in 2025 +5.6% CAGR +9.1% +8% 0% 2024 vs. 2023 301.5 276.5 276.4 256.1 +10% in CHF 143.6 (+7% at CC) 116.0 130.6 102.2 +8% in CHF 160.5 157.9 (+6% at CC) 153.9
Slide 13: Revenue Declined by 1.6% (at constant currencies)
Revenue Declined by 1.6% (at constant currencies) Revenue at actual rates impacted by currency headwinds amounting to 2.0% Total variance: CHF -10.6m (-3.6%) 297.3 -4.8 292.5 -5.8 286.7 Revenue 2023 Lower Revenue Revenue at Currency Effect Revenue 2024 Constant Currencies -1.6% -2.0% Note: All value
Slide 14: Net Revenue Development
Net Revenue Development Growth in Maintenance & Support, decline in Projects, Products and Services -5.4% -3.6% -1.7% 297.3 150.2 147.1 • Maintenance & Support grew by 286.7 144.6 142.1 3.5% at constant currencies, based +1% in CHF +2% in CHF on large multi-year contract renewals 84.6 42.4 42.2 42.4
Slide 15: FY 2024 P&L
FY 2024 P&L 2024 impacted by multiple one-off effects 2024 %-cc 2023 %-CHF Variance Variance Comments %-cc %-CHF • 2024 Cost of Sales impacted negatively by CHF 1.7m write-off/provision for Net Revenue 286.7 100% 297.3 100% -2% -4% obsolete components and additional CHF 0.6m allowance for Work in Pr
Slide 16: CAPEX
CAPEX Lower CAPEX in 2024, after major strategic investments are gradually reduced and building refurbishment completed 16.2 • Continued product development driving strategic 15.5 investment in intangible assets: 13.4 • Investments include the platform solution 11.7 • Further developments in mobilit
Slide 17: Cash Development
Cash Development Robust operating cash flow used for investments and dividend distribution • Operating cash flow of CHF 20.0m (previous year: CHF 32.5m) remains -15.5 robust, the one-off positive effect of 20.0 reduced receivables in 2023 could not be repeated in 2024 24.7 • Dividend pay-out in 2024
Slide 18: Balance Sheet
Balance Sheet Solid Balance Sheet with strong Net Cash position 2024 2024 2023 2023 • Robust Net Cash position 31-Dec 30-Jun 31-Dec 30-Jun • NWC with a temporary increase at year-end Cash & Cash Equivalents 18.6 21.5 24.7 21.2 Borrowings - 5.0 - - Net Cash 18.6 16.5 24.7 21.2 Net Working Capital 62.
Slide 19: 2025 Strategy & Business Update
2025 Strategy & Business Update Nicolas Vanden Abeele, CEO Annual Media Conference 2025 | 12 March 2025 | 19 ©2024 ASCOM
Slide 20: Secular positive market trends
Secular positive market trends Despite 2024 headwinds and volatile macro-environment Demographic Change Care anywhere Aging population with increasing Care delivery anywhere and demand for care at any time Staff Shortages Healthcare Healthcare digitalization Leading to disruptions in Data capture, i
Slide 21: Recap of our Business Strategy
Recap of our Business Strategy Solving clear customer needs in Healthcare and Enterprise Acute & Long-term Care ~70% of net revenue Enterprise ~30% of net revenue Customer needs & use cases Ascom solutions Customer needs & use cases Ascom solutions Alarm Medical Device Alarm Workplace management Int
Slide 22: Healthcare Segment
Healthcare Segment Key position for future growth in Acute Care & Long-term Care Key growth drivers Example Use Case – Care Coordination Improving efficiency of clinical workflows Alarm management & orchestration, Mobile way of working and patient-centric care across the care continuum Assigned nurs
Slide 23: Enterprise Segment
Enterprise Segment Significant complementary growth & margin drivers Key growth drivers Example Use Case – Staff Safety for Prisons Alarm management & orchestration, and enhanced Enhancing safety of lone workers Information operational and logistical workflows goes to: Security at desk Ascom Myco As
Slide 24: Ascom's strategy & ambition remains sound: Becoming the Key Enabling Platform
Ascom’s strategy & ambition remains sound: Becoming the Key Enabling Platform The key enabling platform • To which everyone and everything connects • For all three segments – Acute Care, Long-term Care & Enterprise • Across all care pathways Drive value for healthcare customers through: • Better pat
Slide 25: We have made progress on our execution priorities
We have made progress on our execution priorities Further acceleration of execution in 2025 Done in 2024 Focus in 2025 Simplified Portfolio • Good progress on platform integration • Completion of portfolio integration / and product simplification simplification Cloud Enabled Solutions • Launch of fi
Slide 26: Focus on key markets in USA and Europe
Focus on key markets in USA and Europe Further acceleration of execution in 2025 USA & Canada Europe • New management in place with strong track record in • Continued strong performance expected in certain healthcare and a very focused sales approach markets (Nordics, DACH, Italy), benefiting from s
Slide 27: Selected 2024 Customer Wins
Selected 2024 Customer Wins Many more proof points of Ascom’s customer value Neustadt Children’s Health Ireland Strategic Partnership Canton of Zurich Lung Clinic (CHI) with Almaviva Germany Ireland Italy Switzerland Nurse Call Solution Alert/Notification Digitalization of ICUs Security Support Syst
Slide 28: Equity Story
Equity Story Ascom’s value creation initiatives 2025 - 2028 Growth Drivers • Continue expanding Software • Substantial potential in mobility (Myco4, DECT) • Enhance our position in Nurse Call with the new Ascom Nurse Call platform • Pivot to cloud / recurring models 2025 - 2028 Functional Cost Strat
Slide 29: Guidance
Guidance Annual Media Conference 2025 | 12 March 2025 | 29 ©2024 ASCOM
Slide 30: Guidance 2025
Guidance 2025 Ascom targets profitable growth for 2025 Ascom is confident to continue to develop the company successfully, benefiting also from the investments of the last years, and is committed to delivering sustainable revenue growth. Guidance 2025*: For the fiscal year 2025, Ascom targets • a lo
Slide 31: Proposal to Shareholders for Annual General Meeting 2025
Proposal to Shareholders for Annual General Meeting 2025 Dividend proposal and share buy-back The Board of Directors is proposing a dividend of CHF 0.10 per share to the Annual General Meeting. 2024 2023 Group profit (CHFm) 3.7 17.4 Earnings per Share (CHF) 0.10 0.48 Proposed dividend to be paid in
Slide 32: Share Buyback Program 2025
Share Buyback Program 2025 Due to the solid financial position of the company and the positive outlook, the Board of Directors is planning a share buyback program with the following cornerstones: • Up to 10% of the outstanding share capital • Maximum buyback amount of CHF 15m • Purpose of capital re
Slide 33: Questions & Answers
Questions & Answers Annual Media Conference 2025 | 12 March 2025 | ©2024 ASCOM 33
Slide 34: Thank you
Thank you Annual Media Conference 2025 | 12 March 2025 | ©2024 ASCOM 34
Slide 35: Legal Disclaimer
Legal Disclaimer This document contains specific forward-looking statements, e.g. statements including terms like “believe”, “expect” or similar expressions. Such forward-looking statements are subject to known and unknown risks, uncertainties, and other factors which may result in a substantial div