Digia Oyj · OMXHEX:DIGIA
Digia Oyj — Q1 2011 Earnings Presentation
14 slides from Digia Oyj's earnings presentation, Apr 29, 2011
Slide 1: Digia Plc Interim Report 1-3/2011
Digia Plc Interim Report 1-3/2011 29 April 2011 Juha Varelius CEO
Slide 2: Q1 Summary
Q1 Summary
Slide 3: Q1 Summary
Q1 Summary • Net sales increased by 1.6 per cent • Consolidated net sales EUR 33.4 (32.8) million • Operating profit decreased considerably • Operating profit EUR 2.3 (4.7) million • Probitability (EBIT-%) 6.8 (14.0) per cent • Earnings per share EUR 0.07 (EUR 0.14) 3 © 2011 Digia Plc
Slide 4: Q1/2011 Net sales
Q1/2011 Net sales Net sales, EUR million 30 25 20 15 10 1-3/ 1-3/ 2011 2010 Mobile Solutions 13.9 13.5 5 Enterprise Solutions 19.5 19.4 Digia Group 33.4 32.8 0 2010 2011
Slide 5: Q1/2011 Profitability
Q1/2011 Profitability Profitability (EBIT), EUR million 5 4,5 4 3,5 3 2,5 2 1,5 1-3/ 1-3/ 2011 2010 1 Mobile Solutions 0.5 1.9 Enterprise Solutions 1.8 2.8 0,5 Digia Group 2.3 4.7 0 2010 2011
Slide 6: Markets and Digia's business
Markets and Digia’s business
Slide 7: Markets and Digia's business
Markets and Digia’s business • Nokia’s new strategy changed Company’s business environment • Especially new sales slow already before launch of the new strategy • Rapid effects in line with the strategy already soon after its launch • Revenue growth targets not fulfilled • Despite increased challeng
Slide 8: Markets and Digia's business
Markets and Digia’s business • Also Enterprise Solutions –segment profitability was below its usual good level • Demand for solutions for Digital business-, ERP- and customer experience management still on good level • License sales below expected which burdened profitability • Company will systemat
Slide 9: Co-operation procedure relating to Pori site
Co-operation procedure relating to Pori site • In order to adapt its cost structure to the new market conditions, the company initiated in March co-operation negotiations for the closure of its Pori unit. • The negotiations were concluded and a decision to close- down Pori was made on 20 April 2011.
Slide 10: Acquisition of Qt business from Nokia
Acquisition of Qt business from Nokia • On 22 March 2011 came into affect an agreement with Nokia concerning acquisition of commercial Qt-licensing and service operations • Along with said deal a total 19 employees in USA and Norway and some 3500 customer accounts were transferred to the Company • T
Slide 11: Outlook for 2011
Outlook for 2011
Slide 12: Outlook for 2011
Outlook for 2011 • Market outlook twofold • Company estimates that IT-market will see modarate growth during 2011 • Reasonable demand for Enterprise Solutions –segment services, which are expected to grow at least corresponding to the market • Mobile Solutions –segment revenues will decline from las
Slide 13: Outlook for 2011
Outlook for 2011 • Company will continue investing to development of international product business • Remarkable uncertainty around Nokia account still continues, which makes it difficult to make any reliable estimations on the development of the business 13 © 2011 Digia Plc
Slide 14: Thank you!
Thank you! juha.varelius@digia.com www.digia.com