Digia Oyj · OMXHEX:DIGIA
Digia Oyj — Q3 2011 Earnings Presentation
16 slides from Digia Oyj's earnings presentation, Oct 28, 2011
Slide 1: Digia Plc Interim Report 1-9/2011
Digia Plc Interim Report 1-9/2011 28 October 2011 Juha Varelius CEO
Slide 2: Summary
Summary
Slide 3: Summary 1-9/2011
Summary 1-9/2011 • Net sales decreased by 3.2 per cent • Consolidated net sales EUR 91.7 (94.8) million • Operating profit negative due to one-off items • Operating profit EUR -23.6 (12.4) million • One-off items include a restructuring provision of EUR 3.8 million and a writedown of EUR 25.4 millio
Slide 4: Summary 1-9/2011
Summary 1-9/2011 • Three co-operation negotiations conducted to adapt the Mobile Solutions segment to the changed market situation • Sites in Pori and Lappeenranta closed • By the end of the year 2011 Digia will downsize a total maximum of 414 employees • Qt-business purchased from Nokia is running
Slide 5: 1-9/2011 Net sales
1-9/2011 Net sales Net sales, EUR million 100 90 80 70 60 50 40 1-9/ 1-9/ 30 2011 2010 Mobile Solutions 32.0 39.9 20 Enterprise Solutions 59.7 54.9 10 Digia Group 91.7 94.8 0 2010 2011 5 © 2011 Digia Plc
Slide 6: 1-9/2011 Operative Profitability
1-9/2011 Operative Profitability Profitability (EBIT), EUR million 14 12 10 8 6 1-9/ 1-9/ 4 2011 2010 Mobile Solutions -0.5 4.2 Enterprise Solutions 6.1 8.2 2 Digia Group 5.6 12.4 0 2010 2011 6 © 2011 Digia Plc
Slide 7: Summary 7–9/2011
Summary 7–9/2011 • Net sales decreased slightly • Consolidated net sales EUR 26.0 (27.0) million, down 3.4 per cent • Decrease was due to strong decline of service demand in Mobile Solutions –segment (-19.7 % vs. Q3/2010) • Net sales in Enterprise Solutions -segment increased by 8.7 per cent • Opera
Slide 8: Net sales 7-9/2011
Net sales 7-9/2011 Net sales, EUR million 35 30 25 20 15 7-9/ 7-9/ 2011 2010 10 Mobile Solutions 7.5 11.3 Enterprise Solutions 18.6 15.6 5 Digia Group 26.0 27.0 0 2010 2011 8 © 2011 Digia Plc
Slide 9: Operative Profitability 7-9/2011
Operative Profitability 7-9/2011 Profitability (EBIT), EUR million 6 5 4 3 7-9/ 7-9/ 2 2011 2010 Mobile Solutions 0.1 0.5 1 Enterprise Solutions 2.6 2.4 Digia Group 2.7 2.9 0 2010 2011 9 © 2011 Digia Plc
Slide 10: Organisation renewal
Organisation renewal • Digia’s Board has on 29 September 2011 decided on a company organisation renewal and new cooperation negotiations related to the renewal • The aim is to adapt the company’s organisation, cost structure, and operations to the new market situation and to its long-term strategic
Slide 11: Markets and Digia's business
Markets and Digia’s business
Slide 12: Markets and Digia's business
Markets and Digia’s business • Nokia’s new strategy changed Company’s business environment significantly and permanently • Mobile Solutions customer demand have continuously decreased during the review period and continues decreasing even further • Adaptation measures in Mobile Solutions area are co
Slide 13: Outlook
Outlook
Slide 14: Outlook
Outlook • Overall uncertainty in the markets have increased • Despite the increased uncertainty the company estimates the IT market to continue growing moderately in 2011 • However, worsening of the general economical situation may affect demand for IT services and the development of company’s reven
Slide 15: Outlook
Outlook • The net sales from Qt commercial licensing and service business is expected to develop favorably also during the rest of the year and have a positive impact on the company’s profitability • Significant uncertainty around the Nokia customership and overall markets complicates the reliable e
Slide 16: Thank you!
Thank you! juha.varelius@digia.com www.digia.com