Slide 1: 2008 half year results
2008 half year results AGENDA  Econocom Group  Growing results  Conclusion and prospects www.econocom.com 2
Slide 2: Econocom Group: who are we?
Econocom Group ECONOCOM GROUP 1. WHO ARE WE?  An ICT services provider  Specialized in B-to-B  A direct presence in 8 European countries*  25 years of experience  2,450 employees including 1,800 engineers and technicians  A local business presence  Listed since 1986 (Euronext Brussels Small C
Slide 3: A mixed growth strategy
ECONOCOM GROUP 2. A MIXED GROWTH STRATEGY Diversification in telecom and Kentron (ITIL – France) reinforcement of its offers, notably The Phone House (Telecom – France) through external growth Alliance Support Services (IT – France) Tecnolease (IT – Italy) 2003 2004 2005 2006 2007 17,8 M€ 19 M€ Aven
Slide 4: Our vision of the market
ECONOCOM GROUP 4. OUR VISION OF THE MARKET Users’ needs have changed … Globalisation and new technologies have transformed organisations and generated new user needs www.econocom.com 7 ECONOCOM GROUP 4. OUR VISION OF THE MARKET The ICT needs of organisations have developed… The user is at the heart
Slide 5: Our mission
ECONOCOM GROUP 4. OUR VISION OF THE MARKET The mobility revolution is underway One of the key challenges of IT Directors: Ensure that every employee of the company ALWAYS has the communication and INFORMATION ACCESS tools he needs to work efficiently AT ALL TIMES. www.econocom.com 9 ECONOCOM GROUP 5
Slide 6: A new 5-year strategic plan
ECONOCOM GROUP www.econocom.com 11 ECONOCOM GROUP A new 5-year strategic plan Reinforce our leadership by uniting our talents in the scope of bundled offerings www.econocom.com 12
Slide 7: Bundled offerings: a new offer for the market
ECONOCOM GROUP Bundled offerings: a new offer for the market  Integrated offerings involving all our skills, which allow us to manage and optimize the entire life cycle of our clients’ resources: IT equipment Printing with resources with Deadlines and supply Telecom costs with resources with www.ec
Slide 8: Growing results
Growing results GROWING RESULTS 1. 2008 H1 RESULTS The group continued its growth during the first half Recurring Operating Revenue cash flow operating profit variation 338.4 M€ + 9.4 M€ 10.1 M€ + 4.8% + 19% www.econocom.com 16
Slide 9: 2008 H1 results
GROWING RESULTS 1. 2008 H1 RESULTS Consolidated profit & loss account as of June 30, 2008 (M€) H1 2007 H1 2008 Revenue 322.8 338.4 + 4.8% Recurring operating profit 8.5 10.1 + 19% Operating profit 8.6 9.8 Profit before tax 8.7 9.5 Tax (2.2) (2.2) Net profit, Group share 6.4 7.3 + 14% www.econocom.co
Slide 10: 2008 H1 results
GROWING RESULTS 1. 2008 H1 RESULTS Contribution of the activities to the recurring operating profit (M€) 10.1 8.5 5.7 4.8 3.5 2.9 1.3 1.2 -0.5 -0.3 Managed Products and IT Financial Telecom Services TOTAL Services Solutions Services H1 2007 H1 2008 www.econocom.com 19 GROWING RESULTS 1. 2008 H1 RESU
Slide 11: Products and Solutions; IT Financial Services
GROWING RESULTS 1. 2008 H1 RESULTS Products and Solutions 96.5 96.3 1.3 1.2 H1 2007 H1 2008 H1 2007 H1 2008 Revenue Recurring operating profit Stable semester because of the delay in decision of a few large clients, compensated by the dynamism of SME segment. www.econocom.com 21 GROWING RESULTS 1. 2
Slide 12: Telecom Services
GROWING RESULTS 1. 2008 H1 RESULTS Telecom Services 16.1 13.7 H1 2007 H1 2008 -0.3 H1 2007 H1 2008 -0.5 Revenue Recurring operating profit Strong growth of the activity due to the dynamism of the market and the commercial investments made for a few years. www.econocom.com 23 GROWING RESULTS 1. 2008
Slide 13: Consolidated balance sheet as of June 30, 2008
GROWING RESULTS 1. 2008 H1 RESULTS Consolidated balance sheet as of June 30, 2008 (M€) H1 H1 2007 2008 2007 2008 NON CURRENT ASSETS 58.0 58.1 SHAREHOLDERS’ EQUITY 77.2 80.3 CURRENT ASSETS 228.6 254.6 LIABILITIES 209.4 232.4 Inventories 7.7 8.5 Provisions 4.1 3.4 Accounts receivable 160.8 164.9 Accou
Slide 14: Share buybacks policy
GROWING RESULTS 2. ECONOCOM GROUP SHARE Share buybacks policy 32,636,020 31,500,000 30,000,000 29,000,000 26,800,000 25,800,000 27.06.2002 18.12.2002 22.12.2004 22.12.2005 15.05.2007 20.12.2007 www.econocom.com 27 GROWING RESULTS 3. SIGNIFICANT FACTS …ranks Econocom N°1 in general satisfaction In 20
Slide 15: Conclusion and prospects
Conclusion and prospects CONCLUSION AND PROSPECTS Growing half year results  Revenue: + 4.8%  Recurring operating profit: + 19% www.econocom.com 30
Slide 16: Key advantages to meet the mobility challenge
CONCLUSION AND PROSPECTS Key advantages to meet the mobility challenge:  Dual expertise in IT and telecommunications  Innovative solutions focused on customer service  An ability to provide bundled offerings  A business model which gives priority to variable costs www.econocom.com 31 CONCLUSION
Slide 17: www.econocom.com
econocom* mo bility on demand Te workplace It's any ti is changing. anywhere. * www.econocom. com 3 econocom mobility ondemand