Worldline Sa · EURONEXT:WLN
Worldline Sa — Q3 2021 Earnings Presentation
20 slides from Worldline Sa's earnings presentation, Oct 26, 2021
Slide 1: Q3 2021 Revenue
Q3 2021 Revenue Tuesday October 26, 2021 Q3 2021 revenue | 26-10-2021 | © Worldline | 1
Slide 2: Disclaimer
Disclaimer This document contains forward-looking statements that involve risks and uncertainties, including references, concerning the Group's expected growth and profitability in the future which may significantly impact the expected performance indicated in the forward-looking statements. These r
Slide 3: Highlights
Highlights Third quarter 2021 Q3 2021 revenue | 26-10-2021 | © Worldline | 3
Slide 4: Q3 2021 highlights
Q3 2021 highlights NEW GOVERNANCE Q3 2021 REVENUE** IN LINE IN PLACE WITH FULL YEAR TRAJECTORY Chairman of the Board: Bernard Bourigeaud Robust organic growth of 8.3%** CEO: Gilles Grapinet 2021 OBJECTIVES FOR STRATEGY TO DIVEST CONTINUED OPERATIONS** TSS VALIDATED* IN LINE WITH FY GUIDANCE TSS dive
Slide 5: TSS strategic review update
TSS strategic review update Strategic review process fully in line Definition of all the elements necessary for a fully independent TSS completed (carve-out project, commercial & contractual relationships, etc.) Strategy to divest TSS* validated by the Board of Directors (move to “Discontinued Opera
Slide 6: Q3 & 9M 2021 revenue
Q3 & 9M 2021 revenue Business lines performance Eric Heurtaux, Group CFO Q3 2021 revenue | 26-10-2021 | © Worldline | 6
Slide 7: Q3 2021 and 9M 2021 revenue performance
Q3 2021 and 9M 2021 revenue performance Global Business Lines overview – Continued operations Q3 2021 Group revenue Q3 2021 Group revenue / GBL MTS In € million Q3 2021 Q3 2020* Organic growth 9% Merchant Services 639 585 +9.2% FS Financial Services 234 223 +5.0% 24% MS Mobility & e-Transactional Se
Slide 8: 9M 2021 revenue building blocks
9M 2021 revenue building blocks Steady dynamic €3,484m (953) in transaction volumes 9M 2021 in our key markets +4.9% organic Solid performance in Merchant Services led by the positive ongoing dynamic on domestic +10.9 volumes despite a solid +9.2% +5.0% % +18.6 comparison basis +3.9% +9.4% % +54 +11
Slide 9: Organic performance fully in line with transactions momentum
Organic performance fully in line with transactions momentum TRANSACTION VOLUMES (€M)* (acceptance & acquiring instore and online) 2nd wave 3rd wave of Covid of Covid 1st wave 2020 2021 2nd wave of Covid of Covid Q1 2021 Q2 2021 Q3 2021 Q4 2021 Volumes impacted by Strong volumes Ongoing dynamic on E
Slide 10: 2021 guidance – basis of preparation
2021 guidance – basis of preparation From 2020 former scope to 2020 continued operations 2020 REVENUE 2020 OMDA €4,742m (1,304) €1,133m (340) €3,438m €793m 23.9% 23.1% 2020 PF TSS 2020 PF 2020 PF TSS 2020 PF former scope* de-scoping continued former scope* de-scoping continued operations** operation
Slide 11: FY 2021 revenue scenario reminder
FY 2021 revenue scenario reminder H2 2021 underlying trends fully confirmed H1’2021 H2’2021 ▪ Severe governmental domestic restrictions during Q1’21 including lockdowns of non-essential ▪ Ease of domestic restrictions with end of lockdowns merchants, curfew and borders’ restrictions for non-essentia
Slide 12: 2021 guidance confirmed for continued operations
2021 guidance confirmed for continued operations FORMER 2021 GUIDANCE* 2021 GUIDANCE CONFIRMED** (including TSS) (continued operations excluding TSS) Revenue At least mid-single digit growth At least 6% organic growth c. +200 bps improvement above 200 bps improvement OMDA (vs proforma OMDA margin of
Slide 13: Q&A
Q&A Q3 2021 revenue | 26-10-2021 | © Worldline | 13
Slide 14: Appendices
Appendices Q3 2021 revenue | 26-10-2021 | © Worldline | 14
Slide 15: 2020 PF revenue - former to new scope bridge
2020 PF revenue - former to new scope bridge 2020 revenue former scope Q1 Q2 H1 Q3 Q4 H2 FY Merchant Services 566 478 1 044 585 586 1 171 2 215 Financial Services 221 218 438 223 237 460 898 Terminals Software Services 318 308 627 327 351 677 1 304 Mobility & e-Transactional Services 83 79 161 79 85
Slide 16: 2020 PF OMDA - former to new scope bridge
2020 PF OMDA - former to new scope bridge 2020 OMDA and OMDA margin former scope H1 H2 FY H1 H2 FY Merchant Services 219 308 527 21,0% 26,3% 23,8% Financial Services 130 151 281 29,6% 32,8% 31,2% Terminals Software Services 157 183 340 25,0% 27,1% 26,1% Mobility & e-Transactional Services 23 25 48 1
Slide 17: Merchant Services – Q3 2021 highlights
Merchant Services – Q3 2021 highlights COMMERCIAL ACTIVITY: Q3 2021 ACHIEVEMENTS ▪ Continued to support to merchant digitization plans ▪ Renewal for 4 years of a whitelabel contract to deliver an acceptance €639m revenues gateway to a large financial institution in the UK +9.2% organic growth ▪ Nume
Slide 18: Financial Services – Q3 2021 highlights
Financial Services – Q3 2021 highlights COMMERCIAL ACTIVITY: Q3 2021 ACHIEVEMENTS ▪ Signature of a long-term outsourcing contract with ABN AMRO ▪ New partnership with French fintech venture A3BC for secure and €234m revenues touchless authentication ▪ Worldline partners with Berlin-based fintech eco
Slide 19: Mobility & e-Transactional Services – Q3 2021 highlights
Mobility & e-Transactional Services – Q3 2021 highlights COMMERCIAL ACTIVITY: Q3 2021 ACHIEVEMENTS ▪ Contract renewals with the Rail Safety & Standards Board in the UK and for the delivery of the on-board payment and control solution for €88m revenues Train Managers in Thalys ▪ Contribution to the n
Slide 20: Thank you
Thank you For more information, please contact: Laurent Marie Benoit D’amécourt Group Head of Investor Relations Deputy Head of Investor Relations M +33 7 84 50 18 90 M +33 6 75 51 41 47 laurent.marie@worldline.com benoit.damecourt@worldline.com Q3 2021 revenue | 26-10-2021 | © Worldline | 20