Eezy Oyj · OMXHEX:EEZY
Eezy Oyj — H1 2025 Earnings Presentation
17 slides from Eezy Oyj's earnings presentation, 2025
Slide 1: Eezy Plc Interim report H1/2025
Eezy Plc Interim report H1/2025 Chief Executive Officer Johan Westermarck
Slide 2: Eezy Q2/2025 in brief
Eezy Q2/2025 in brief Chain-wide revenue in line with market development, profit improvement program progressing as planned Q2/2025 Q2/2024 H1/2025 H1/2024 Revenue 36.2 M€ (-21%) 45.7 M€ 69.9 M€ (-20%) 87.2 M€ Chain-wide 60.4 M€ (-10%) 67.3 M€ 113.4 M€ (-11%) 127.4 M€ revenue EBITDA 1.5 M€ 2.4 M€ 2.
Slide 3: Staffing Q2/2025: Revenue developed in line with market
Staffing Q2/2025 Revenue developed in line with market Staffing services Staffing services Staffing services Staffing services Q2/25 Q2/24 H1/25 H1/24 29.7M€ 37.9M€ 57.5M€ 71.5M€ (-22%) (-20%) • Chain-wide revenue of Staffing services (group + entrepreneurs) was down 11% compared to Q2/2024. • The t
Slide 4: Completion of the implementation phase of Eezy's AI-assisted ERP
Completion of the Staffing Q2/2025 implementation phase of Eezy's AI-assisted ERP • Eezy's new, unique technology is now fully operational • All group units, entrepreneurs and business areas are now covered by the system • The system is reliable from a technical point of view and implementation has
Slide 5: Entrepreneur network is our strength
Entrepreneur network is our strength • The entrepreneur network is a key part of Eezy's business model. We aim for growth and profitability from both local and national customers. • We have strengthened our entrepreneur network and agreed during Q1 to transfer the Jyväskylä, Vaasa, and Kuopio office
Slide 6: Professional services: Decline in revenue for Employment Services
Professional services Q2/2025 Decline in revenue for Employment Services Professional Professional Professional Professional services Q2/25 services Q2/24 services H1/25 services H1/24 6.6M€ 8.0M€ 12.7M€ 16.0M€ (-17%) (-21%) • The changes brought about by the TE reform in the municipal sector furthe
Slide 7: Profit & loss
Eezy Q2/2025 Profit & loss EUR thousand 4-6/2025 4-6/2024 01-06/2025 01-06/2024 2024 Revenue 36 185 45 713 69 905 87 163 174 054 Other operating income 204 51 394 131 504 Materials and services -2 005 -2 488 -3 639 -4 750 -8 562 Personnel expenses -29 844 -37 542 -57 522 -71 232 -141 510 Other opera
Slide 8: Balance sheet
Eezy Q2/2025 Balance sheet EUR thousand 06/2025 06/2024 12/2024 ASSETS o Goodwill and intangible assets 163.9 M€ Goodwill 141 654 141 654 141 654 o No indications of impairment were Intangible assets 22 272 22 673 22 197 identified in the goodwill test. Tangible assets 3 882 7 052 5 016 Long-term re
Slide 9: Cash flow statement
Eezy Q2/2025 Cash flow statement EUR thousand 4-6/2025 4-6/2024 01-06/2025 01-06/2024 2024 Cash flows from operating activities • Cash flow from operating Customer payments received 34 726 42 326 70 801 87 066 182 371 activities in Q2 2025 was 3.7 Cash paid to suppliers and employees -29 776 -39 428
Slide 10: Balance sheet key figures
Eezy Q2/2025 Balance sheet key figures EUR thousand 06/2025 03/2025 12/2024 09/2024 06/2024 03/2024 Net debt 52 168 54 884 52 749 57 866 60 006 60 221 Net debt excluding IFRS16 47 855 49 764 47 076 51 740 53 135 52 796 Net debt / EBITDA 6.2 x 5.9 x 5.1 x 5.0 x 4.7 x 4.5 x Gearing, % 49.0 % 51.1
Slide 11: Outlook for 2025
Outlook for 2025 • The year continues in an uncertain economic climate, and our customers’ views on their own labor needs and investment capacity are still uncertain. • In previous cycles, our industry has responded quickly to the economic cycle. We do not provide guidance for 2025.
Slide 12: Overview on H2/2025 priorities
Overview on H2/2025 priorities #GoodWork2028
Slide 13: The profitability improvement program is progressing
H2/2025 priorities Profitability: The profitability improvement program is progressing • The second phase of the profit improvement program launched in summer 2024 had a target of EUR 2.8 million in savings. • There is uncertainty regarding the timing of rental liabilities for premises that have bee
Slide 14: New organization puts customers and profitability improvement at the heart
Growth and profitability: New organization (effective July 1) puts our customers and profitability improvement at the heart of decision-making Eezy Plc Johan Westermarck • The new organizational structure CEO puts our customers and improving Staffing Services Staffing Services profitability at the h
Slide 15: Eezy as an investment
Eezy as an investment A strong player in a significant Competitive advantages that We are building the company on market are difficult to replicate a path of profitable growth • New unique AI-assisted technology • Market size over €3 billion owned by Eezy • Implementation of performance • Labor shor
Slide 16: Q&A
Q&A
Slide 17: Thank You!
Thank You! &