Slide 1: Earnings Call Q1'24
Slide 2: Disclaimer
Disclaimer The information contained in this document is provided as of the date of its publication and is subject to change without notice. This presentation contains preliminary figures and forward-looking statements, Forward-looking statements may be identified by words such as “expect”, “forecas
Slide 3: Welcome to Senior Management
Welcome to St Senior Management a | Conflux 2024 (hs 74 (i ddifference _ evant betwee ae
Slide 4: Focus on profitability: playing defense as well as offense
Focus on profitability: playing defense as well as offense Demand holding steady in the subdued economic environment Clients remain fully engaged on existing and new topics High levels of client satisfaction Sentiment for data- and AI-led transformation continues to be strong Attrition levels close
Slide 5: Q1 2024, by the numbers
Q1 2024, by the numbers €238m 8.7% revenue QoQ revenue growth in constant currency Industries’ YoY growth range 15% -14% automotive, mfg. and mgmt consulting industrial and business info €126m 181 Cash balance > € 1m accounts TTM 5.0% 30.9% YoY revenue growth gross margin in constant currency Segmen
Slide 6: Diversification is our shield
Diversification is our shield @ Revenue by industry Revenue by customers 6% (PY 6%) Telecom, Media and Entertainment 10% 6% (PY 7%) Top 6-10 Mgmt Consulting & Business Info 22% (PY 20%) i ‘Automotive, Mfg. 7% (PY 8%) - and Industrial 14% Horizontal Tech 14% (PY 13%) Top 5 7% (PY 8%) 4 a Retail & CPG
Slide 7: Rest of World continues to gain
Rest of World continues to gain Revenue by client region Personnel worldwide 3X 18,268 Central Europe Total professionals, of which... Rest of World (Germany is 22%) (PY 22%) (PY 27%) a _ (2, 16,798 jorth America jest of Europe E yt Professionalsin engineering (PY 38%) (PY 14%) Central Europe compri
Slide 8: Net liabilities and cash flows healthy
Net liabilities and cash flows healthy Net leverage Net Financial liabi Cash Financial liabilities include drav bank loans, and liabiliti Net leverage is cal Net liability €m 11x 17x 14x 162.2 213.3 193.4 =| | wey = on 46.7 110.2 Jus 126.5 Dec 31, Dec 31, Mar 31, 2022 2023 2024 m factoring, ited as
Slide 9: QO om
QO om
Slide 10: Thank you
Thank you © Nagarro