Snp Schneider-neureither & Partner Se · XETR:SHF
Snp Schneider-neureither & Partner — H1 2019 Earnings Presentation
17 slides from Snp Schneider-neureither & Partner's earnings presentation, Aug 5, 2019
Slide 1: Results Q2 / HY1 2019
Results Q2 / HY1 2019 Titel Dr. Andreas Schneider-Neureither COMPANY (CEO) Dr. Uwe Schwellbach (CFO) Michael Eberhardt (COO) Frank Hohenadel (CHRO) August 5, 2019
Slide 2: Highlights
Highlights Changes in Management Personnel: SNP strengthened its management team with two experienced senior executives. By-elections to the Board of Directors: Annual General Meeting elected Dr. Klaus Kleinfeld and Dr. Karl Biesinger as new members of the board. IBM Services teamed up with SNP to c
Slide 3: BLUEFIELD – One Brand – Module Level
BLUEFIELDTM – ONE BRAND – MODULE LEVEL BLUEFIELDTM ORGANISATION TECHNOLOGY EFFICIENCY ▪ Divest ▪ Cloudification ▪ Predictive Analytics ▪ Acquire ▪ New releases ▪ TCO (Total Cost of Ownership)- ▪ Expand ▪ Upgrade S/4HANA Optimization ▪ Split ▪ Restructure CrystalBridge THE BUSINESS TRANSFORMATION PLA
Slide 4: Michael Eberhardt / Frank Hohenadel
Michael Eberhardt / Frank Hohenadel 05.08.2019 Results Q2 / HY1 2019 4
Slide 5: Financials H1 2019
Financials H1 2019 05.08.2019 Results Q2 / HY1 2019 5
Slide 6: Key Figures
Key Figures € mn H1 2019 H1 2018 Δ Q2 2019 Q2 2018 Δ Order Entry 85.1 67.2 +27% 46.2 26.3 +76% Order Backlog (as of June 30) 71.2 63.3 +12% 71.2 63.3 +12% Revenue 58.9 65.0 -9% 30.1 33.5 -10% EBITDA (IFRS) -2.0 -3.5 +42% -0.8 -2.1 +62% EBIT (IFRS) -5.9 -6.0 +2% -2.6 -3.4 +24% Equity (as of June 30)
Slide 7: Strong Order Entry (€ mn)
Strong Order Entry (€ mn) +27% ▪ Q2 2019 Order Entry: € 46.2 mn; +76% relative to the 85.1 previous year. +17% ▪ Strong mid-year performance in the German-speaking (DACH) region: 67.2 Around € 41 mn; +60% in comparison with the previous year. 57.6 ▪ Significant pickup in the SAP S/4HANA environment:
Slide 8: Increasing Software Revenues
Increasing Software Revenues Revenues by Segments (€ mn) 52.3 41.2 44.1 Service Cloud & Software 14.8 6.8 12.7 H1 2017 H1 2018 H1 2019 14% 20% 25% 86% 80% 75% 05.08.2019 Results Q2 / HY1 2019 8
Slide 9: Increasing Software Licences Revenues
Increasing Software Licences Revenues Revenue Split within Cloud and Software Segment (€ mn) 10.6 8.6 Licenses, Cloud Software and SaaS* Support 4.8 4.2 4.2 2.0 H1 2017 H1 2018 H1 2019 ▪ H1 2019 revenue with SNP in-house products: € 11.0 mn (H1 2018: € 8.6 mn; +28%) 30% 32% 28% ▪ H1 2019 revenue wit
Slide 10: Increasing Importance of Non-DACH Revenues
Increasing Importance of Non-DACH Revenues Revenues by Regions (€ mn) 32.2 32.8 30.8 29.3 28.1 DACH International 18.7 (Germany, (without DACH) Austria, Switzerland) H1 2017 H1 2018 H1 2019 29% 50% 50% 48% 52% 61% 05.08.2019 Results Q2 / HY1 2019 10
Slide 11: Balance Sheet – Assets (€ mn)
Balance Sheet – Assets (€ mn) Current and noncurrent assets have moved in opposite 158.3 directions. 151.8 61.8 Current assets decreased by € 14.4 mn to € 61.8 mn: ▪ € 16.9 mn reduction in cash and cash equivalents: 76.2 payment of current employee liabilities and the settlement of purchase price li
Slide 12: Balance Sheet – Equity & Liabilities (€ mn)
Balance Sheet – Equity & Liabilities (€ mn) Current liabilities increased from € 36.2 mn to € 40.4 mn: 158.3 151.8 ▪ € 6.9 mn increase in financial liabilities to € 12.3 mn: promissory note loans have increased by € 5.0 mn due to a 40.4 xxx reclassification from noncurrent to current liabilities. 36
Slide 13: Cash Flow Statement (€ mn) (1/2)
Cash Flow Statement (€ mn) (1/2) Cash Flow from operating activities The negative operating cash flow is mainly 5 attributable to … 3.3 ▪ … the loss for the period (€ -4.8 mn) as well 0 as the € 2.5 mn reduction in trade payables and other liabilities + a € 2.8 mn increase in -5 inventories, trade r
Slide 14: Cash Flow Statement (€ mn) (2/2)
Cash Flow Statement (€ mn) (2/2) Cash Flow from financing activities The negative cash flow from financing 60 activities has mainly resulted from … 44.0 … the settlement of leasing liabilities in the 40 amount of € 4.4 mn. 20 15.5 0 Overall cash flow during H1 2019 came -4.4 to € -16.9 mn (previous
Slide 15: Guidance 2019
Guidance 2019 Revenue and Earnings Forecast Confirmed for the 2019 Fiscal Year FY 2019 Revenue: FY 2019 Order Entry: FY 2019 Backlog: FY 2019 EBIT margin (IFRS): between € 145 mn between € 158 mn and between € 71 mn and in the lower- to mid-single- and € 150 mn € 163 mn € 76 mn digit percentage rang
Slide 16: Thank you.
SNP Schneider-Neureither & Partner SE Dossenheimer Landstr. 100 69121 Heidelberg Marcel Wiskow, Director Investor Relations +49 6221 64 25 - 637 Thank you. +49 6221 64 25 - 20 Investor.relations@snpgroup.com www.snpgroup.com Follow us
Slide 17: Disclaimer
Disclaimer © 2019 SNP SE or an SNP affiliate company. All rights reserved. No part of this publication may be reproduced or transmitted in any form or for any purpose without the express permission of SNP SE or an SNP affiliate company. The information contained herein may be changed at any time wit
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