B3 Consulting Group AB · OMXSTO:B3
B3 Consulting Group AB — Q3 2022 Earnings Presentation
16 slides from B3 Consulting Group AB's earnings presentation, 2022
Slide 1: Interim Report Q3 2022
Interim Report Q3 2022
Slide 2: Speakers from B3 Consulting Group
Speakers from B3 Consulting Group Questions? Please click on the envelope icon next to the audiocast or send an email to: ir@b3.se CEO CFO Anette Billing Johanna Eriksson 2
Slide 3: Summary Q3 2022
Summary Q3 2022 24.8% growth and 10.3% EBIT • Revenue amounted to 235.8 (189.0) MSEK, 24.8% growth • EBIT for Q3 24.4 MSEK (15,0) or 10.3% (7.9%) • Profit after tax 20.0 (12.2) MSEK • Earnings per share before dilution 2.08 (0.57) SEK • The average number of employees is 762 (644) • The board of dir
Slide 4: Financial overview
Financial overview Growth driven mainly by increase in FTEs and price increase Comments: • Strong results given that it includes the summer vacation and many new recruits • Q3 delivers 24.8% growth and 10.3% EBIT margin • EBIT already higher YTD than full-year EBIT 2021 • Price increases contributes
Slide 5: Operating margin and earnings per share
Operating margin and earnings per share EBIT margin continues to be strong Operating margin per quarter Earnings per share 5
Slide 6: Revenue and EBIT (R12)
Revenue and EBIT (R12) All time high Turnover MSEK per quarter and R12 EBIT MSEK per quarter and R12 *The pink line shows the development per rolling 12 months 6
Slide 7: Our long term development
Our long term development B3s history is double-digit growth – it continues in 2022 TURNOVER EBIT EMPLOYEES * * * CAGR 10 years: Turnover 19% CAGR 10 years: EBIT 18% CAGR 10 years: Number of employees 19% *Numbers for January – September 2022 7
Slide 8: Follow-up of B3s cost saving programme
Follow-up of B3s cost saving programme Programme has enabled steady margins >10% B3’s reinforced cost saving programme 160,0 % • B3s cost saving programme started in 2021 and was completed, as previously 140,0 % communicated, according to plan 31 March 2022 120,0 % • Savings target exceeded. The goa
Slide 9: Split per Business Area
Split per Business Area Even distribution across the business areas with continued growth within Cloud & Technology Turnover, share per business area EBIT, share per business area 9
Slide 10: Spread across different industries – R12
Spread across different industries – R12 A healthy mix of clients in different industries provides stability and risk diversification Comments: • The broad client base provides stability • B3 continues to strengthen the positions within the health sector. • B3 has also strengthen the positions withi
Slide 11: Other important events
Other important events New startup and agreements • Strengthened collaborations with many customers, among others; Epiroc, Handelsbanken, Telenor, SGDS-group, Lärarförbundet, Swedbank and CGM. • New startup in web development and design. The new company, B3 Grit, develops digital solutions with the
Slide 12: Strong workplace culture
Strong workplace culture B3 awarded as IT Career Company of the Year • B3 wins the award as Career Company of the Year in IT, ahead ”B3 Consulting Group is a role model on of all other IT consulting companies in Sweden. many levels. Their sense of communication is beyond the ordinary. They highlight
Slide 13: The market situation
The market situation A more uncertain market but with continued strong demand • Uncertainty in the market | Increased political uncertainty due to Russia's invasion of Ukraine • Inflation | Expected to be higher than early forecasts in 2022 • Cyber security increasingly important | Cyber attacks aga
Slide 14: Focus forward
Focus forward Focus on developing business opportunities, competence development and celebrating 20 years in 2023 • Management & control| Deliver on new strategy starting in 2023 • Develop the customer offer| Increased demand for cross- functional teams, cloud and security. • Focus on competence dev
Slide 15: Summary and Q&A
Summary and Q&A The turnover is 235.8 (189.0) MSEK, 24.8% growth EBIT for Q3 24.4 MSEK (15,0) or 10.3% (7.9%) The average number of employees is 762 (644) B3 is awarded Career Company of the year The board of directors has decided on new financial targets: Revenue of 1.7 Billion SEK by the end of 20
Slide 16: Creating possibilities together
Creating possibilities together Financial events Year end Report 2022 16 February 2023 Interim Report Q1 28 April 2023 Interim Report Q2 21 July 2023 Interim Report Q3 26 October 2023