Slide 1: Earnings call Q3 & 9M
Earnings call Q3 & 9M
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 forward-looking statements. These statements are based on the current views, expectations, assumptions and information of the manage
Slide 3: Q3 described
Q3 described Highlights Milestones • Another quarter of strong, broad-based growth • 33.6% YoY revenue growth in constant currency • Excellent client satisfaction despite largely remote working • 10.7% QoQ revenue growth • Continued competition for top engineering talent • ~12,000 Nagarrians • Margi
Slide 4: Q3 by the numbers
Q3 by the numbers €141m 33.7% 10.7% 28.4% €21.7m revenue YoY revenue growth QoQ revenue growth gross margin adjusted EBITDA INDUSTRIES’ YoY GROWTH RANGE SEGMENTS’ YoY GROWTH RANGE 63% -12% 73% 15% 15% horizontal tech mgmt. consulting rest of world central europe top 5 clients’ revenue & business inf
Slide 5: Broad growth, led by Auto, Mfg & Industrial, Retail & CPG
Broad growth, led by Auto, Mfg & Industrial, Retail & CPG Revenue by industry Revenue by customers 6% (PY 9%) 7% (PY 7%) Mgmt. Consulting and 11% Life Sciences and Business Information Healthcare 18% (PY 15%) Top 6–10 Automotive, Manufacturing 7% (PY 6%) and Industrial Public, Non- 15% profit, Educa
Slide 6: Serving global opportunities with global talent
Serving global opportunities with global talent Revenue by client region Personnel worldwide 18% (PY 14%) Rest of World 12,052 32% (PY 37%) total professionals, of which... Central Europe (Germany is 23%) €141m Q3 ’21 11,116 professionals in engineering 36% (PY 35%) North America 14% (PY 15%) Rest o
Slide 7: Segment revenues and gross margins
Segment revenues and gross margins Revenues €m 50.9 44.8 39.0 36.4 25.3 19.9 15.4 14.6 Gross margin 29% 28% 37% 27% 33% 31% 34% 31% Q3 ’20 Q3 ’21 Q3 ’20 Q3 ’21 Q3 ’20 Q3 ’21 Q3 ’20 Q3 ’21 Central Europe North America Rest of Europe Rest of World . 7
Slide 8: Net liabilities and cash flows
Net liabilities and cash flows Net liabilities Cash flows €m €m Net leverage 1.7x 1.6x Total cash flows 36.5 -0.8 Net liabilities 130.0 127.8 Lease liabilities 55.2 56.9 56.0 Financial liabilities 182.6 180.6 21.1 Net cash flow from operating activities Net cash flow from -6.6 -6.7 investing activit
Slide 9: Outlook
Outlook 2021 Revenue ~€525m (~22% growth) Gross margin ~28% Adjusted EBITDA ~14% 9
Slide 10: Nagarro: investment highlights
Nagarro: investment highlights 1. Positioning “Engineering DNA” digital leader with a special “Enterprise Agile” approach 2. Clients Large, global, blue-chip customer base 3. Organization Agile, entrepreneurial and global org design and culture 4. Financials Strong revenue growth, attractive margins
Slide 11: Thank you
Thank you