Fdm Group (holdings) Plc · LSE:FDM
Fdm Group (holdings) — FY2018 Earnings Presentation
15 slides from Fdm Group (holdings)'s earnings presentation, 2019
Slide 1: Results for the year ended 31 December 2018
FDM Group (Holdings) plc Results for the year ended 31 December 2018 Rod Flavell - CEO Mike McLaren - CFO
Slide 2: Operational highlights for the year ended 31 December 2018
Operational highlights for the year ended 31 December 2018 Mounties on Client Site New Clients +18% 3,747 +7% 2018 77 +23% +6% 3,170 (CAGR) (CAGR) 2,705 2017 72 2,022 2016 49 2015 65 2015 2016 2017 2018 Utilisation Training Completions Unchanged +33% 2018 2,155 +20% (CAGR) 97.8% 97.4% 97.3% 97.3% 20
Slide 3: Financial highlights for the year ended 31 December 2018
Financial highlights for the year ended 31 December 2018 Mountie Revenue (£m) Adjusted Operating Profit (£m) Closing Cash (£m) +15% +8% 2018 51.3 -8% 2018 33.9 +26% +19% +15% (CAGR) (CAGR) 2017 47.3 (CAGR) 2017 36.8 2016 37.6 2016 27.8 239.0 2015 30.2 2015 22.4 207.3 Adjusted Basic Earnings per Shar
Slide 4: Geographic Review
Geographic Review UK & Ireland 2018 2017 North America 2018 2017 Revenue £131.0m £131.5m 0% Revenue £82.1m £75.1m +9% Mountie revenue £126.1m £106.7m +18% Mountie revenue £81.4m £73.8m +10% Mounties on client sites 2,004 1,744 +15% Mounties on client sites 1,196 965 +24% Adjusted operating profit £3
Slide 5: Regional Distribution
Regional Distribution In addition to increasing our training capacity by 9%, we trained 175 Mounties in pop-up Academies Mountie Revenue Regional Distribution Permanent Academy Capacity Pop-up training completions 848 175 777 8% £239.0m 710 6% 9% 7% 22% £207.3m 6% 6% 6% 3% 7% 6% 9% £167.3m 522 40% 4
Slide 6: Mountie Headcount
Mountie Headcount Sector mix has remained relatively constant but with important new client wins and growth in targeted verticals 2.5% 1.6% Industries 2018 2017 Banking - Investment 36% 36% 7.5% 8.9% Financial Services 11% 13% Government 11% 10% Banking - Retail 7% 10% Banking - Corporate 7% 5% Insu
Slide 7: Top Clients by Headcount
Top Clients by Headcount Strong growth from Canadian banks; RBC and TD’s headcount increased by 52% and 96% respectively 3,000 2,500 2,000 1,500 1,000 500 - Jun-14 Dec-14 Jun-15 Dec-15 Jun-16 Dec-16 Jun-17 Dec-17 Jun-18 Dec-18 Home Office DWP Other Government HSBC RBC TD BNP Fannie Mae Bank of Ameri
Slide 8: Service Divisions by Headcount
Service Divisions by Headcount The number of Mounties placed in technical roles rose 22% and the number based in business roles increased 13% 4,000 3,500 3,000 2,500 2,000 1,500 1,000 500 - Jun-14 Dec-14 Jun-15 Dec-15 Jun-16 Dec-16 Jun-17 Dec-17 Jun-18 Dec-18 Development PMO ITSM Testing Business An
Slide 9: The Market
The Market FDM is a market leader and its robust business model places it well to fulfil growing market demand for IT and Operational talent across the globe Demand for the skills that we provide remains high in all of the locations in which we operate with a particular emphasis on digital transform
Slide 10: CSR & Inclusivity
CSR & Inclusivity At FDM, diversity and inclusion starts at the top. It is engrained into the FDM culture and championed by the leadership team Nationalities Gender Ethnicity Disability Median Pay Gap 81 80+ ~50% 38%* 3% 0.0% nationalities working of the FDM Management are from a BAME** of FDM UK gr
Slide 11: Recognition 2018
Recognition 2018 Agents of Change Power List Diversity Employer Inspiring 50 UK, Career Progression and Overall Growth Company Best Performing Company, CEO Rod Flavell of the Year COO, Sheila Flavell Top Employer Award of the Year Consulting and Systems Integration #TechWomen100 Champion MoD Employe
Slide 12: Summary
Summary Financial Mountie revenue Adjusted operating Adjusted Basic Healthy balance sheet up profit up EPS up with cash balance of 15% 8% 12% £33.9m Final dividend of 15.5 pence per share proposed for 2018 for approval by shareholders at the AGM on 25 April 2019 Operational Mountie headcount Permane
Slide 13: Income Statement
Income Statement for the year ended 31 December 2018 2018 2017 £'000 £'000 Revenue 244,910 233,575 Cost of sales (125,875) (129,323) Gross profit 119,035 104,252 Administrative expenses (70,748) (60,496) Operating profit 48,287 43,756 Finance income 140 29 Finance expense (94) (130) Net finance inco
Slide 14: Statement of Financial Position
Statement of Financial Position as at 31 December 2018 2018 2017 £000 £000 Non-current assets Property, plant and equipment 6,117 4,926 Intangible assets 19,409 19,471 Deferred income tax assets 2,282 2,275 27,808 26,672 Current assets Trade and other receivables 37,729 30,716 Cash and cash equivale
Slide 15: Statement of Cash Flows
Statement of Cash Flows for the year ended 31 December 2018 2018 2017 £'000 £'000 Cash flows generated from operations 44,918 48,280 Interest received 140 29 Income tax paid (11,407) (13,263) Net cash flow from operating activities 33,651 35,046 Cash flows from investing activities Acquisition of pr