Wirtek A/s · OMXCOP:WIRTEK
Wirtek A/s — InvestorUgen 2020
16 slides from Wirtek A/s's conference presentation, Nov 10, 2020
Slide 1: Significant growth potential in IT outsourcing
Significant growth potential in IT outsourcing InvestorUgen – Tuesday, November 10, 2020
Slide 2: Agenda
AGENDA 1. Wirtek at a glance 2. Market and services 3. Outlook for 2020 Michael Aaen, CEO 4. Solid foundation for growth 5. Wirtek as an investment case 6. Summary Disclaimer: Forward-looking statements, especially such relating to future sales and operating profit, are subject to risks and uncertai
Slide 3: Our mission and core values
OUR MISSION To help our clients create quality software solutions and electronic equipment products, as if these were our own OUR CORE VALUES Commitment Common sense Proficiency Dedication and care in Sound judgment and Ingenuity and solution- everything that we do realism in everyday life oriented
Slide 4: Quick facts about Wirtek
Quick facts about Wirtek 19 years of experience in the IT industry 2 offices in Denmark (HQ + sales) and 3 development and test centres in Romania 6+ years average client partnership duration, increasing day-by-day 100+ colleagues – our most valuable asset serving our clients in Denmark and internat
Slide 5: The history of Wirtek
The history of Wirtek For 20 years we have been building upon our Danish heritage and contributing to our clients’ growth through transparent and trust-based partnerships. Wirtek was founded We opened our first We opened our We acquired We will publish as Nokia spin-off Romanian office in Cluj secon
Slide 6: Our market
Our market We are competing in a fast-growing IT services outsourcing market driven by trends like digitalization, automation, cloud computing and IoT (Internet of Things). Huge global market International growth potential The global IT services outsourcing market is predicted to Less than 30% of ou
Slide 7: Our core services
Our core services We team up with our clients and help them create great software solutions and electronic equipment products. Software Engineering Services Business unit revenue Engineering end-to-end software solutions to match distribution – H1 2020 the needs of our clients. Guided by agile princ
Slide 8: We value our clients
We value our clients We establish valuable client partnerships since we believe the quality of the relationship matters just as much as the quality of the delivered software. Some of our loyal clients that trust us: “Wirtek has been our partner in product conformance testing for the past 13 years an
Slide 9: Our service delivery
Our service delivery A key to our client success is our ability to deliver consistent, high quality services that meet or exceed their expectations. Key success drivers Scalable business model Ø Our ability to seamlessly adapt to our clients’ Our focus on operational efficiency allows us to way of w
Slide 10: Financial Highlights
Financial Highlights We published our financial results for first half of 2020 on August 14. Despite COVID-19, the numbers show we have significantly outperformed the same period during 2019. 27% growth TDKK H1 2020 H1 2019 2019 2018 Revenue 13.656 10.777 23.216 20.405 EBITDA 1.654 707 1.789 1.571 E
Slide 11: Outlook for 2020
Outlook for 2020 The first half of 2020 was affected by COVID-19 uncertainty but has also shown, that Wirtek’s business model is solid in the middle of a global crisis. Development in 2020 expectations MDKK Mar. 6, 2020 Aug. 5, 2020 Sep. 14, 2020 Growth Revenue 26,0 - 28,0 26,0 - 28,0 27,0 - 28,0 16
Slide 12: A solid foundation for future growth
A solid foundation for future growth Lessons learned from the financial crisis keep us growing profitably despite the ongoing global crisis caused by the COVID-19 pandemic. Main success factors Ø Profitable growth is a main driver for our “Our colleagues in Wirtek feel like business success friends,
Slide 13: Historical performance in perspective
Historical performance in perspective Market value DKK 84M 30.000.000 14 DKK (Nov. 6, 2020) 12 DKK 25.000.000 10 DKK 20.000.000 Revenue (DKK) Average annual revenue growth Share price 8 DKK (CAGR) of 20% Average annual since 2012 15.000.000 share price growth of more 6 DKK than 50% since 2012 10.000
Slide 14: Summary and closing remarks
Summary and closing remarks Why invest in Wirtek Investor care initiatives Ø Proven ability to provide consistent Ø From bi-annual to quarterly financial profitable growth reporting Ø 80% revenue in place beginning of Ø Dividend payout (2,2% in 2020; the year 1,8% in 2019; 3,1% in 2018) Ø Great pote
Slide 15: Sign up for our investor news
Sign up for our investor news Follo w Lin k us on edIn
Slide 16: Thank you! Any questions?
Thank you! Any questions? Investor relations Michael Aaen, CEO Mobile: +45 2529 7575 E-mail: michael.aaen@wirtek.com