Datagroup Se · XETR:D6H
Datagroup — Shareholder Meeting (March 2025)
40 slides from Datagroup's shareholder meeting presentation, Mar 18, 2025
Slide 1: Welcome to the Annual General Meeting 2025
DATAGROUP - IT's our mission Welcome to the Annual General Meeting 2025
Slide 2: Report of the Supervisory Board
Report of the Supervisory Board ▪ A total of five Supervisory Board meetings in attendance ▪ Regular written and verbal reports from the Management Board on the course of business and the budget approved by the Supervisory Board ▪ Regular consultations between the Chairman of the Supervisory Board a
Slide 3: Risk management
Risk management Examination of the risk situation of DATAGROUP SE on the basis of semi-annual risk audits with a comprehensive written report and discussion in the Supervisory Board. There were no existential risks at any time. Focus topics in the 2023/24 financial year: ▪ New appointment and realig
Slide 4: Opportunities report
Opportunities report Exploring opportunities and new business possibilities Focus topics in the 2023/24 financial year: ▪ Further development of the product and service portfolio ▪ Regional coverage in the context of inorganic growth ▪ Integration of recent acquisitions and expansion of sales and se
Slide 5: Transactions requiring approval: company acquisitions in 2023/24
Transactions requiring approval Company acquisitions in the 2023/24 financial year NEW PICTURE Transactions discussed and approved by the IT's Supervisory Board: that dynamic. ▪ December FY 2023/24 2023: and start to FY 2024/25 ▪ Acquisition of 100 % of CONPLUS GmbH, Mönchengladbach ▪ January 2024:
Slide 6: Continued strong order intake in the CORBOX business
Continued strong order intake in the CORBOX business, also in the current financial year 2024/25 ▪ Over EUR 23m in Special machines business with new Printing industry Chemistry & Pharma SAP Operating Services Workplace & Cloud Services Service Desk CORBOX customers 5 years, approx. EUR 1.2m p.a. 5
Slide 7: Strong development in all operational targets of our growth model
Strong development in all operational targets of our growth model in the 2023/24 financial year 100% Growth through cross-selling and upselling to existing CORBOX customers New customers in the CORBOX core business: approx. EUR 26m revenues p.a. Target: approx. EUR 10-15m revenues p.a. New customers
Slide 8: Sales development 2023/24 with stable growth of CORBOX customer business
Sales development 2023/24 with stable growth of the CORBOX customer business ▪ CORBOX customers are CORBOX revenues 2021/22 - 2023/24 characterized by long- in EUR m term service contracts 550 527,6 with high customer loyalty 493,3 497,8* 500 and continuous cross- Non CORBOX 450 144,3 sales selling
Slide 9: CORBOX order intake and ramp-up of operating revenues
The CORBOX Order Intake Will Only Lead to Sustainable Growth in the Core Business after the Start-up Phase Ramp-up operating revenues of new CORBOX orders in EURm ▪ CORBOX new orders have a start-up phase of approx. 6,0 9 months ▪ Thereafter 3-5 years 5,0 contract term and on Revenue per month 4,0 a
Slide 10: Successful transformation from inorganic to organic growth focus
Successful transformation from inorganic to organic growth focus Revenue growth in EURm 540 24 527,5 24 -3,3 520 16 56,6 2,5 30,7 -15 500 497,8 493,9 -3,4 -4,4 -6,5 480 -38,4 460 444,7 440 420 400 FY 20/21 Inorganic Transformation Organic Churn FY 21/22 Inorganic Transformation Organic Churn FY 22/2
Slide 11: The success factors behind the sharp rise in incoming orders
The success factors behind the sharp rise in incoming orders Distribution: ▪ Investment in central sales activities and business development ▪ Expansion of targets to include larger deals on average Innovation: ▪ Launch of the new generation of the CORBOX service portfolio ▪ Bundling of production d
Slide 12: CORBOX remains at the center of the growth strategy
CORBOX remains at the center of the growth strategy ▪ The basis for our organic growth continues to be CORBOX with its long-term service contracts and high customer loyalty ▪ IT service provider: Managed IT services for our customers are part of our DNA and are at the heart of our value creation ▪ T
Slide 13: The CORBOX enables industrialized production and individual customer solutions
The CORBOX enables the best possible combination of industrialized production and individual customer solutions Predefined service modules (CORBOX Services) Predefined service modules enable individual enable the use of economies of scale in and tailor-made customer solutions centralized industriali
Slide 14: New generation of CORBOX integrates four future fields
Rethought: New generation of CORBOX integrates four relevant future fields into all service elements ▪ Deep anchoring of the four core elements in all CORBOX services ▪ Re-design of 80% of of the configurable service modules ▪ Compliance services for regulatory-compliant IT security standards ▪ Clou
Slide 15: CORCloud: Relevant cloud variants available and combinable
CORCloud: Relevant cloud variants available and combinable ▪ CORCloud as an integral component of all CORBOX services, delivers the right approach in each case (whether private, enterprise, sovereign or hyperscaler cloud) ▪ Multi-cloud approach seamlessly connects different cloud services as require
Slide 16: Increasing demand for digital sovereignty is supported
Increasing demand for digital sovereignty is supported in the best possible way ▪ German IT service provider with high vertical integration: from data center to application ▪ Sovereign operation possible without an American or Chinese cloud ▪ Technology independence: from open source to our own AI p
Slide 17: CORSecurity: A leading IT security service provider made in Germany
CORSecurity: A leading IT security service provider "made in Germany" ▪ Doubling of sales compared to the previous year ▪ Comprehensive security services in all areas, e.g. identifying, protecting, detecting, responding and recovering ▪ Latest generation of services with AI-driven threat detection ▪
Slide 18: Investment in own sovereign 24x7 security control center
Investment in your own sovereign 24x7 security control center ▪ Security Incident Response at any time ▪ DATAGROUP is the DIRT gateway, DIRT is a strong security incident response network of 9 partners ▪ 49 BSI incident experts with access ▪ Own sovereign emergency data center in Hamburg with high c
Slide 19: CORIntelligence: own sovereign AI platform
CORIntelligence: own sovereign AI platform for the automation of IT service production ▪ The only service provider with its own AI platform ▪ Runs confidently in its own IT infrastructure without foreign access ▪ Use for the automation of our IT service operation processes ▪ Is continuously trained
Slide 20: Strong increase in automation success with CORIntelligence
Strong increase in automation success with CORIntelligence Tasks automated by our AI platform ▪ Automation increases our efficiency, but also service 60.000 225 quality and service scope ▪ Automation allows more customers to be served by 50.000 the existing team 40.000 ▪ Collecting operating data en
Slide 21: Almato makes Bardioc sovereign semantic data platform available
Our digitalization division Almato makes Bardioc, the sovereign semantic data platform, available ▪ Bardioc is a powerful part of our AI platform - a semantic graph ▪ Semantic graph: Data is stored with context, enables new dimension of reuse, analysis and automation of data, better than with standa
Slide 22: Successful use of Bardioc for feature recognition in images
Successful use of Bardioc for feature recognition in images ▪ Faster and more effective AI training for image recognition using semantics ▪ Customer example: Reduction from 34 billion to 7000 images through successful AI training based on features, analogous to human image perception ▪ High hit rate
Slide 23: Innovation and growth can only be with a strong team
Our strategy: Innovation and growth can only be with a strong team Cloud experts Security experts SAP experts 510 240 500 ~3,700 IT compliance experts AI experts Headcount as of 30.09.2024 excluding trainees and students 30 100 IT's that simple. Annual General Meeting - 18.03.2025 24
Slide 24: IT's that fundamental. M&A - Successful buy & build activities
IT‘s that fundamental. M&A - Successful buy & build activities
Slide 25: Buy, Build & Grow of the DATAGROUP SME segment
Buy, Build & Grow of the DATAGROUP SME segment EUR 12m revenues, 55 employees IT system house with data center Ibbenbüren SAP Business One Osnabrück ELO ECM Suite Münster Bielefeld (FY 22/23) EUR 6m revenues, 22 employees SAP Business One expert Mönchengladbach Ruhr area (FY 23/24) Ahrensburg Greate
Slide 26: Buy & Grow: acquisition of iT TOTAL AG
Buy & Grow: FY 23/24 acquisition of iT TOTAL AG (now DATAGROUP Rottweil GmbH) At a glance ▪ Very good customer access in the Black Forest-Lake Constance region for the placement of CORBOX services CORBOX target ▪ IT system house with a sales mix of trade and services customer region ▪ Share of manag
Slide 27: Build, Build & Grow: acquisition of ISC AG
Build, Build & Grow: FY 23/24 acquisition of ISC AG and development of an integrated DATAGROUP SAP unit >1,000 SAP installations ~500 Employees >300 SAP Solution Customers IT's that simple. Annual General Meeting - 18.03.2025 28
Slide 28: IT's that stable. Key financial figures
IT's that stable. Key financial figures
Slide 29: FY 2023/24: Robust key financial figures (revenues, gross profit)
FY 2023/24: Robust key financial figures prove the strength of DATAGROUP's business model EUR million Revenues EUR million Gross profit ▪ Revenues at the upper end of the guidance 225 (EUR 510-530 million) achieved 550 390 527,6 372,3 ▪ Strong operating performance in CORBOX core 530 +6,0% 370 busin
Slide 30: FY 2023/24: Robust key financial figures (EBITDA, EBIT)
FY 2023/24: Robust key financial figures prove the strength of DATAGROUP's business model EUR million EBITDA EUR million EBIT ▪ Guidance for EBITDA (EUR 77-81 million) and 225 85 48 EBIT (EUR 43-46 million) for the 2023/24 financial 45,3 45,8 year reached at the upper end 46 80,4 80 80,2 ▪ Slight in
Slide 31: Selected P&L key figures FY 2023/24
Selected P&L key figures FY 2023/24 Figures in TEUR FY 22/23 FY 23/24 Change Revenues 497.796 527.559 6,0% ▪ Revenue growth also Service and maintenance 405.005 430.819 6,4% due to strong new Trade 92.637 96.082 3,7% customer business Other own work capitalized 2.153 6.815 216,5% ▪ Further increase
Slide 32: Selected key balance sheet figures as at 30.09.2024
Selected key balance sheet figures as at 30.09.2024 Figures in TEUR 30.09.23 30.09.24 Change Goodwill 157.025 182.412 16,2% ▪ Increase in goodwill due to Non-current liabilities 150.222 229.409 52,7% acquisitions in FY 23/24 thereof liabilities to banks 65.903 144.313 119,0% ▪ Increase in bank loans
Slide 33: Sustainable dividend policy
Sustainable dividend policy EPS and dividend (cents) ▪ Long-term dividend policy continues to be pursued, 225 with a payout ratio of around 40% of net income for 400 the period 339 ▪ Dividend proposal of EUR 1.00 per dividend-bearing 313 share plus the value of the repurchased EUR 2.14 300 175 milli
Slide 34: IT's that challenging. Information on the share
IT's that challenging. Information on the share
Slide 35: DATAGROUP share compared to indices
DATAGROUP share compared to indices ▪ Share price performance in Share price performance financial year 2023/24 financial year 2023/24 not satisfactory 160% ▪ Persistently difficult market environment for small and 140% mid caps for longer than 120% expected ▪ Announced shareholder 100% value measur
Slide 36: IT's that visionary. Outlook
IT's that visionary. Outlook
Slide 37: Outlook - The right course for a successful future
Outlook - The right course for a successful future ▪ Stable growth course with a high share of organic growth ▪ Investments in the future to promote growth, market development and Europe's digital sovereignty ▪ Strategic positioning to cope with the challenging market environment ▪ Sustainable devel
Slide 38: Strong start to operating targets for FY 2024/25: growth targets raised
Strong start to all operating targets for the Financial year 2024/25: growth targets raised 100% Growth through cross-selling and upselling New customers in the CORBOX core business: EUR 15m revenues p.a. with existing CORBOX customers New target: EUR 15-20m revenues p.a. Cross-selling and upselling
Slide 39: Our guidance for the 2024/25 financial year
Our guidance for the 2024/25 financial year with growth, transformation, future investments EURm Revenues EURm EBITDA EURm EBIT 545-565 47-50 90 82-85 50 550 527,6 80,4 45,3 45,8 80,2 493,9* 497,8 80 76,6 41,5 450 70 40 60 350 30 50 40 250 20 30 150 20 10 10 50 0 0 21/22 22/23 23/24 24/25 (fc) 21/22
Slide 40: Thank you for your attention!
DATAGROUP - IT's our mission Thank you for your attention!