Slide 1: Financial results 1.7.2021-30.9.2021
29.10.2021 Leena Hellfors Financial results 1.7.2021-30.9.2021
Slide 2: Our goals for the year 2021
Our goals for the year 2021 Continuing to execute our strategy despite unusual pandemic situation Fondia on a growth path – The break-even in Baltics and in Sweden Commercial focus Strong emphasis to recruitment as a part of our growth strategy
Slide 3: Q3/2021 highlights
Q3/2021 highlights The Group’s revenue grew by 17,0 %. Revenue 4,6Meur (3,9) Strong growth especially in Sweden. In addition to Stockholm and Gothenburg we now have a presence in Malmö also. The Group’s number of full-time employees increased (FTE) 140 (128)
Slide 4: Q3/2021 highlights
Q3/2021 highlights Profitability lower than on comparison period Profitability was decreased due to new lawyers having a lower invoicing level at the beginning increased premise expenses and technology development expenses Ebitda -0,2Meur (0,1) Ebitda % -3,3 % (2,6) Ebit operating profit -0,
Slide 5: Strategy cornerstones
Strategy cornerstones We want to be the first choice for a business law partner Fondians and corporate Customers Digital Law Story culture Values and passion True partnership Technology gives time to create added value for the customer Expertise and constant learning Easy co-operation Compassionate
Slide 6: Fondians and culture on review period
Fondians and culture on review period Returning back to our normal pre-pandemic way of working Attraction on the recruitment markets Future Workplaces –certificate from Siqni employee survey
Slide 7: Customers on review period
Customers on review period Legal department customers stability on a good level The demand for conceptualized expert services continues New ongoing service customers acquired
Slide 8: Digital Law Story on review period
Digital Law Story on review period Legal tech –team active in customer assignments and projects related to legal technology Our technology project advancing as planned Scalable and system integration emphasizing web page structure has been taken into production in all Fondia countries New MyFo
Slide 9: The end of year 2021
The end of year 2021 We take a confident approach in increasing our profitability already during the end of year and developing from there positively through growth next year. Sweden and Baltics break-even