Slide 1: Q3 2023 Webcast Presentation
Q3 2023 Webcast Presentation November 9, 2023 Lorem ipsum
Slide 2: Key figures Q3 2023
Key figures Q3 2023 Revenue growth Organic revenue growth Revenue (DKKm) 19% 11% 453 Operating profit Operating profit margin Special items (DKKm) before special items (DKKm) before special items 26 5.8% 16 2
Slide 3: Q3 2023 highlights
Q3 2023 highlights Key CMD takeaways • Positive momentum continues with solid revenue growth and improving profitability 01 | GROWTH Well-positioned in globally attractive markets with ample growth opportunities • More focused NNIT on track to deliver on 2023 outlook after upgrade in August 02 | PRO
Slide 4: Region Europe
Region Europe • Moderate 3% growth driven by existing engagements in Revenue and profitability face of macroeconomic volatility 122 115 112 119 125 85 9 35 4 • Continued improvement of capacity utilization and 0% 4.8% -15 -1 reduction of cost level -3.1% -0.5% -65 -6 -115 -11 -12.7% • Efficiency enh
Slide 5: Region US
Region US • Revenue growth of 14% following expansion of Revenue and profitability engagements and onboarding of new clients 40 125 103 99 94 30 82 83 75 20 • Strong performance continued in Group company 11.9% 13.6% 6.1% 10 Excellis Health Solutions 25 8.2% 0 -25 -3.4% -10 • Good cost control and i
Slide 6: Region Asia
Region Asia • Continuation of subdued revenue performance after Revenue and profitability recalibration and negative Chinese macro impact 44 44 50 38 36 37 35 30 • Growth of ~5% in Singapore and improvements with 15 10 largest Chinese customers 2.1% -5 -5.4% -19.2% -10 -19.9% -11.5% • Mitigating act
Slide 7: Region Denmark
Region Denmark • Organic growth of 18% across Public and Enterprise (48% Revenue and profitability including sales to Aeven) 196 200 25 164 166 154 133 20 150 20.2% 15 • High growth based on Custom Application Development 100 13.5% 10 10.9% and Microsoft Advisory and Technology, including the 50 6.5
Slide 8: Group financials
Group financials Group Q3-23 Q2-23 Q1-23 Q4-22 Q3-22 Q3 2023 revenue Revenue 453 424 413 396 380 28% 43% Production cost -317 -307 -295 -294 -252 21% Gross profit 136 117 118 102 129 8% Europe US Asia Denmark Gross profit margin 29.9% 27.6% 28.5% 25.6% 33.8% Regional overhead cost -44 -43 -39 -45 -5
Slide 9: 2023 outlook
2023 outlook • NNIT confirms 2023 revenue and earnings outlook based on solid YTD performance and expected positive impact of completed capacity and cost adjustments • Continued solid trajectory in Custom Application Development and Production in life sciences and assignments in the Danish unit • Sp
Slide 10: ANIT
ANIT
Slide 11: Contact information
Contact information Carsten Ringius CFO CARR@nnit.com
Slide 12: Thank you
Thank you ANIT