Solutions 30 Se · EURONEXT:S30
Solutions 30 — 9M 2024 Earnings Presentation
16 slides from Solutions 30's earnings presentation, Nov 4, 2024
Slide 1: 9M 2024 Revenue
9M 2024 REVENUE 4 NOVEMBER 2024
Slide 2: Disclaimer
DISCLAIMER This presentation, the presentation materials and discussion may contain certain forecasts, projections and forward-looking statements – that is statements related to future, not past, events – in relation to, or in respect of, the financial condition, operations or businesses of Solution
Slide 3: Today's Presenters
TODAY’S PRESENTERS Gianbeppi Fortis Amaury Boilot Jonathan Crauwels Chief Executive Officer Group General Secretary Chief Financial Officer 3
Slide 4: 9M 2024 Overview
9M 2024 Overview Gianbeppi Fortis, CEO 4
Slide 5: 9M 2024 Revenue Highlights
9M 2024 REVENUE HIGHLIGHTS Revenue: € 742.8m over the first nine months, down -3.5% reflecting the Group’s strategic orientations • Priority given to margin over revenue growth Continued strong momentum in Solutions30’s profitable growth drivers • Germany: revenue up +27.9% YTD • Energy activities:
Slide 6: -3.5% Revenue Decrease Year-to-Date Reflecting Priority Given to Margins
-3.5% REVENUE DECREASE YEAR-TO-DATE REFLECTING PRIORITY GIVEN TO MARGINS € -26.9m (-3.5%) Organic change: € -32.0m (-4.2%) 769.7 +2.1 +3.1 742.8 +9.1 -29.4 -11.7 +3.4% -9.9% -5.8% 9M 2023 Benelux France Other Acquisitions FX 9M 2024 revenue Countries revenue In millions of euros 6
Slide 7: Selectivity in Mature Connectivity Markets, Unabated Momentum in Energy
SELECTIVITY IN MATURE CONNECTIVITY MARKETS, UNABATED MOMENTUM IN ENERGY 9M 2024 revenue breakdown € -26.9m (-3.5%) 769.7 74.8 23.1 742.8 10% -46.6 -3.4 106.7 Total: 561.3 € 742.8m 14% 76% -7.7% -4.4% +27.6% Connectivity Energy Technology 9M 2023 Connectivity Technology Energy 9M 2024 revenue revenue
Slide 8: Q3 Reflecting Continuation of Q2 Trends
Q3 REFLECTING CONTINUATION OF Q2 TRENDS ▪ France: expanded impact of selectivity measures implemented in € 225.4 m 287,2 Q2 to reduce exposure to less 263,8 265,0 profitable contracts in Connectivity; Q3 2024 Revenue 255,3 250,7 252,0 strong growth in Energy 225,4 ▪ Benelux: ongoing negotiations bet
Slide 9: Q3 2024 Details per region and activity
Q3 2024 Details per region and activity Jonathan Crauwels, CFO Amaury Boilot, Group General Secretary
Slide 10: Benelux: Temporarily Reduced Fiber Activities, Strong Momentum in Energy
BENELUX: TEMPORARILY REDUCED FIBER ACTIVITIES STRONG MOMENTUM IN ENERGY Connectivity down -15.3%: significant delays in fiber in 2024 -8.3% but market potential intact ▪ High comparison basis (Q3 2023: +80%) ▪ Ongoing negotiations between telecom service providers on possible 89.6 streamlining of fi
Slide 11: France: Selectivity in the Mature Connectivity Market, Strong Momentum in Energy
FRANCE: SELECTIVITY IN THE MATURE CONNECTIVITY MARKET STRONG MOMENTUM IN ENERGY Connectivity -35.3%: reduced exposure to mature fiber market ▪ Expanded impact of selectivity measures implemented in Q2 to exit or -16.9% reduce exposure to suboptimal contracts 98.4 ▪ Slowdown in fiber market 13,0 ▪ Pr
Slide 12: Other Countries: Accelerating Growth in Germany
OTHER COUNTRIES ACCELERATING GROWTH IN GERMANY Total revenue: € 61.6m in Q3 2024, down -1.8% Germany Poland Italy Spain UK +33.2% +24.2% +0.8% -43.5% -42.5% 21,8 In millions of euros 16,4 14,5 12,7 12,8 13,0 11,7 9,0 7,3 5,2 Q3 2023 Q3 2024 Q3 2023 Q3 2024 Q3 2023 Q3 2024 Q3 2023 Q3 2024 Q3 2023 Q3
Slide 13: Outlook
OUTLOOK Gianbeppi Fortis, CEO
Slide 14: Full-Year Outlook Confirmed
FULL-YEAR OUTLOOK CONFIRMED BENELUX ▪ Ramp-up of fiber activities slowed down by ongoing negotiations between telco service providers, impacting 2024 performance ▪ Impact from Fiberklaar’s acquisition by Proximus on speed of home connect market Solutions30 expects, for the whole of 2024: FRANCE ▪ A
Slide 15: Q&A
Q&A PLEASE TYPE IN YOUR QUESTION BY USING THE BUTTON ON THE READER 15
Slide 16: www.solutions30.com
21 rue du Puits Romain L-8070 Bertrange, Grand Duchy of Luxembourg Investor.relations@solutions30.com Solutions 30 is listed on Euronext Paris Mnemo: S30 | Index: SBF120 www.solutions30.com