North Media A/s · OMXCOP:NORTHM
North Media A/s — Q1 2023 Earnings Presentation
13 slides from North Media A/s's earnings presentation, May 4, 2023
Slide 1: North Media A/S Q1 2023 report
4 May 2023 Q1 2023 Investor Presentation North Media A/S Q1 2023 report
Slide 2: Agenda
Agenda 3 Group financial highlights Today’s presenters 4 FK Distribution 5 BoligPortal Lasse Brodt 6 BoligPortal: Data in home rental Group CEO 7 Ofir 8 Bekey 9 Full-year outlook Kåre Wigh 10 Strategic priorities 2023 Group CFO 11 Q&A 12 Investor events Forward-looking statements This presentation c
Slide 3: Group highlights Q1 2023
Group highlights Q1 2023 Financial results as expected Q1 2023 results Revenue, EBIT margin, % Free cash flow, Capital resources, DKKm DKKm DKKm 240 18.3 54 856 Q1 2022: 248 Q1 2022: 19.4 Q1 2022: 35 Q1 2022: 735 3 4 May 2023 Q1 2023 Investor Presentation
Slide 4: FK Distribution
FK Distribution Development impacted by macroeconomics, as expected • Leaflet volumes down 10.5%, on par with expected full-year outlook • Revenue impacted by lower packaging and distribution business • Growth in selected mail and minetilbud • 20.8% EBIT margin supported by strict costs focus • New
Slide 5: BoligPortal
BoligPortal Solid financial performance • Revenue up 17%, mainly from advertising income • EBIT margin up 57%, due to revenue growth and lower costs • Record-number of rental properties in the portal • Establishment of commercial organisation in Sweden on track Key figures Q1 2022 Q1 2023 Revenue, D
Slide 6: BoligPortal digital: Data-driven approach to optimise home rental
BoligPortal digital: Data-driven approach to optimise home rental • BoligPortal has about 675.000 monthly visitors to BoligPortal.dk and added more than 38.000 rental units to the portal in Q1 2023. • Building on its marketplace, BoligPortal has developed a tool for landlords to use real-time market
Slide 7: Ofir
Ofir Results impacted by lower number of job adds • Revenue down 16% against solid growth in Q1 2022 • Slowdown in job adds has stabilised at lower level than expected • Both public-sector and private-sector customers buy smaller packages • EBIT margin mainly impacted by revenue development Key figu
Slide 8: Bekey
Bekey Performance in line with expectations • Lower hardware sales impacted revenue development • 16% growth in recurring license and service fees • Minor progress in Properties offset by Distributors • EBIT margin impacted by lower revenue Key figures Q1 2022 Q1 2023 Revenue, DKKm 6.6 5.9 EBIT, DKK
Slide 9: Unchanged outlook 2023
Unchanged outlook 2023 Last Mile guidance (DKKm) Group full-year guidance (DKKm) Revenue EBIT Revenue EBIT 760 - 800 135 - 160 920 - 975 125 - 160 2022 result: 836.5 2022 result: 184.7 Digital Services guidance (DKKm) 2022 result: 995 2022 result: 192 Revenue EBIT Main assumption 160 - 175 0 - 10 •
Slide 10: Strategic priorities 2023
Strategic priorities 2023 Value creation through cost focus and investments in digital transformation and growth • Ensure strong capital structure to support growth • Explore strategic growth opportunities • Optimise packaging and distribution operations – cost focus • Increase revenue from minetilb
Slide 11: Q&A
Q&A 11 4 May 2023 Q1 2023 Investor Presentation
Slide 12: Financial calendar 2023 and Investor events
Financial calendar 2023 and Investor events 4 May Q1 2023 teleconference and HCA Capital IR contact: presentation CFO Kåre Wigh 16 August Q2 2023 Interim Report T: (+45) 3957 7000 M: (+45) 2565 2145 17 August Q2 2023 teleconference and HCA Capital E: kw@northmedia.dk presentation 1 November Q3 2023
Slide 13: North Media A/S Q1 2023 report
4 May 2023 Q1 2023 Investor Presentation North Media A/S Q1 2023 report