Arcadis Nv · EURONEXT:ARCAD
Arcadis Nv — FY2024 Earnings Presentation
27 slides from Arcadis Nv's earnings presentation, Feb 11, 2025
Slide 1: Record EPS, record backlog, enhanced long term visibility
Record EPS, record backlog, enhanced long term visibility Arcadis Q4 and Full Year 2024 Results 1
Slide 2: Strategic and operational review
PART 1 Strategic and operational review Alan Brookes CEO © Arcadis 2025 | Arcadis Q4 and Full Year 2024 Results 2
Slide 3: Key highlights of full year 2024
Key highlights of full year 2024 Net Operating Net Income Order Revenues EBITA Margin2) Intake €3.9B 11.5% €243M €4.4B Organic growth1): +5% (2023: 10.4%) YoY growth: +52% Organic growth1): +14% Gross Revenues: €5.0B 1) Underlying YoY growth excl. impact of FX, acquisitions, footprint reductions, wi
Slide 4: Climate Adaptation & Mitigation: Arcadis performance drivers
Arcadis performance drivers Climate Adaptation & Mitigation: integrated Leading position How we differentiate Investments driving 2025 approach to focus • Arcadis North • Comprehensive • Record high costs in American teams support: from risk 2024 & 2025 YtD investments on responding to 100+ `` asses
Slide 5: Energy Transition: a leading partner for industrial decarbonization
Arcadis performance drivers Energy Transition: a leading partner for industrial Leading position How we differentiate Investments driving 2025 decarbonization • Large industrial • Decarbonization • Grid expansion: key decarbonization partner bottleneck to meet and grid projects with Places • Partner
Slide 6: Water Optimization: global leading position and relationships drive big wins
Arcadis performance drivers Water Optimization: global leading position and Leading position How we differentiate Investments driving 2025 relationships • Leading in US and • Leading in large water • US large asset UK market asset programs: high investments in pipe drive big wins • Secured 8 AMP8 le
Slide 7: Connected Highways: record backlog
Arcadis performance drivers Connected Highways: record backlog driven by cross Leading position How we differentiate Investments driving 2025 GBA approach • 52% Mobility backlog • Strong track record • US administration growth: large, multi- focuses on safety, and strong track year project in US, •
Slide 8: Data centers: extensive investments drive demand
Arcadis performance drivers Data centers: extensive investments drive demand for Leading position How we differentiate Investments driving 2025 sustainable and • Significant • Sustainable Design & • Joint Venture experience: Engineering Stargate to invest integrated delivering 7,500MW • Integrating
Slide 9: Strengthening our European Data Center position
Arcadis acquisition of KUA Group, Germany Company highlights Strategic Rationale Strengthening our High growth opportunity: doubling our position European Data • Leading data center in large and high growth Germany Center position design & engineering company, Frankfurt based • Strong track record:
Slide 10: Financial Results
PART 2 Financial Results Virginie Duperat-Vergne CFO © Arcadis 2025 | Arcadis Q4 and Full Year 2024 Results 10
Slide 11: Continued operating margin expansion
Continued operating margin expansion Full year 2024 results Q4 2024 results 5% • Record Net Revenues of €3.9B €3.9B 5% • Strong margin performance: €959M 2023: €3.8B improved project portfolio, GEC 2023: €941M Organic Net Net Revenue Revenue growth1) expansion, internal efficiencies Net Revenue • Co
Slide 12: Significant order intake growth and continued low cancellations drive high quality backlog
Significant order intake growth and continued low cancellations drive high quality backlog • Organic order intake growth 14% €4.4B €3.9B • Organic backlog growth 16% 2024 2024 Order Net • No significant cancellations Intake Revenues • Major Mobility and Technology Organic Organic contracts ramp up s
Slide 13: Well-diversified business with strong positioning in high growth markets
Well-diversified business with strong positioning in high growth markets • Servicing clients across full life Geographical diversification Diversified client base % of Net Revenues 2024FY % of Net Revenues 2024FY cycle of assets, integrating Digital and Advisory 3% 2% • 95% of net revenues in 2024 c
Slide 14: Continued strong demand across markets and margin expansion
Continued strong demand across markets and margin expansion Global Business Areas: Resilience • Strong Q4: selectivity towards Key 38% of net revenues Full year Fourth quarter Clients in high growth markets € millions | period ended 31 December 2024 2024 2023 change 2024 2023 change • Healthy market
Slide 15: Good growth from large key clients in technology and government
Good growth from large key clients in technology and government Global Business Areas: Places • Strong revenue growth: Canada & 38% of net revenues Full year Fourth quarter Continental Europe, offset by portfolio repositioning € millions | period ended 31 December 2024 2024 2023 change 2024 2023 cha
Slide 16: Large project wins drive visibility
Large project wins drive visibility Global Business Areas: Mobility • Strong full year growth driven by US, 22% of net revenues Full year Fourth quarter leveraging of European workforce’s skillset & GEC engagement € millions | period ended 31 December 2024 2024 2023 change 2024 2023 change • Q4 grow
Slide 17: Cross GBA collaboration provides greater value to clients
Cross GBA collaboration provides greater value to clients Global Business Areas: Intelligence • Accelerated investments in product 2% of net revenues Full year Fourth quarter strategy and development, technology platform harmonization, € millions | period ended 31 December 2024 2024 2023 change 2024
Slide 18: Record earnings per share of €2.70
Record earnings per share of €2.70 € millions | period ended 31 December 2024 FY 2024 FY 2023 change EBITA 418 343 22% +22% EBITA growth Amortization & impairment 29 59 EBIT 389 284 37% Net finance expenses 53 65 Taxes on income 97 63 +52% Net Income growth Effective income tax rate 29% 29% Net Inco
Slide 19: Strong cash generation
Strong cash generation Improving Free Cash Flow1) generation € millions | period ended 31 December 2024 FY 2024 FY 2023 € millions EBITDA 529 458 Changes in net working capital -53 1 Changes in other working capital 20 -10 Tax paid -95 -131 Net interest paid -44 -26 Other -7 17 Cash flow from operat
Slide 20: Balanced capital allocation framework
Balanced capital allocation framework “Accelerating a planet positive future” 2024 Results Returns to shareholders: Further strengthening balance sheet M&A and investments Dividend payout % of Net Income from Operations Net Debt / Operating EBITDA Annual Capex Record proposed dividend: Leverage: Cap
Slide 21: Progress on 2024-2026 Strategy, Wrap up
PART 3 Progress on 2024-2026 Strategy, Wrap up Alan Brookes Chief Executive Officer © Arcadis 2025 | Arcadis Q4 and Full Year 2024 Results 21
Slide 22: First year of our 2024-2026 strategy
First year of our 2024-2026 strategy: “Accelerating a planet positive future” Strategic Focus Areas Sustainable project choices Digital and Human Innovation Powered by our people Increased Standardization & Intelligence Skills Global Voluntary Selectivity Key Client automation of driving cross Power
Slide 23: Wrap up
Wrap up Successful first year of strategic cycle • Record Order Intake and Backlog • Sustained margin expansion • Record EPS Well-positioned for future • Further improved long term visibility • Repositioning our resources for successful ramp up of the large multi-year projects • On track to deliver
Slide 24: Q&A
PART 4 Q&A Arcadis investors presentations, including on Water and PFAS are available at: arcadis.com/en/investors or accessible via QR-code Arcadis: Arcadis: Global Water Global PFAS Leader Assessment & Remediation Leader Please see our upcoming IR events here © Arcadis 2025 | Arcadis Q4 and Full Y
Slide 25: Appendix
Appendix © Arcadis 2025 | Arcadis Q4 and Full Year 2024 Results 25
Slide 26: On track to achieve 2024-2026 strategy targets
On track to achieve Financial Targets* Non-financial Targets* 2024-2026 strategy On track targets On track Organic Net Revenue Growth Net Zero Objective Mid – high single digit Scope 1 & 2 reduction of 70% over the cycle GHG emissions by 2026 Strategic focus areas 2024: 5% 2024: -66% vs base year 20
Slide 27: Disclaimer
Disclaimer Statements included in this presentation that are not comparable terminology. historical facts (including any statements concerning The forward-looking statements are based upon our current investment objectives, other plans and objectives of expectations, plans, estimates, assumptions an