Slide 1: Improved result on weak market
Improved result on weak market Interim report January – June 2024 I N V E S T O R P R E S E N T A T I O N / J U L Y 2 0 2 4 Information Classification: INTERNAL
Slide 2: Today's presenters
Today’s presenters: Per Wallentin Marie Björklund CEO & President CFO
Slide 3: Q2 in brief: Early signs of recovery
Q2 in brief: Improved adj. EBITA and margin Early signs of in Q2 despite continued market challenges recovery Implemented cost reductions and organizational adaptions have had effect Early signs of improvements in customer dialogues Geographical differences, Sweden the most challenging market
Slide 4: Business area Solutions
Operations Business area Solutions Nordic market leader in systems development Intense work to reduce costs and optimize organisation has led to improved utilization, EBITA and margin in Q2 Early signs of market recovery, but uncertainty remains high Positive development in Finland, stability remain
Slide 5: Business area Experience
Marketing & sales Business area Experience The largest digital agency in the Nordic region Positive margin development in Norway, Denmark and Finland, Sweden remain the largest challenge Profitability and utilisation still on an unsatisfactory level, improvement work remain in focus Focus on develop
Slide 6: Business area Connectivity
Research & development Business area Connectivity Supporting a connected world Highly competitive market where our strong position among industry clients is crucial Good activity in some areas, e.g defence industry Organisational work combined with proactive client dialogues remain the key Utilisati
Slide 7: Business area Insight
Management teams Business area Insight Management consultants from strategy to implementation Stable development in Sweden and Norway, while performance lag in Finland We see need to strengthen the organisation with further competence in certain areas, e.g cybersecurity and defence Demand for genera
Slide 8: Q2 in figures
Q2 in figures
Slide 9: Financial quarter April–June 2024
Financial quarter April–June 2024 1,681.3 94.2 5.6 % Net sales decreased Adjusted EBITA The adjusted EBITA by 4.4% (1,758.8) million increased compared to last margin increased to 5.6% (4.4) year (76.8 million)
Slide 10: Revenues and EBITA Adjusted development
Revenues and EBITA Adjusted development
Slide 11: Net debt development
Net debt development Net debt development Healthy balance sheet and solid financial position Net debt of 917 MSEK Within the frame of our financial target of maximum 2x EBITDA Leases of new premises impact other liabilities (IFRS)
Slide 12: Sales per client segment
Sales per client segment Strong and diversified important in unsecure market No safe haven in a softer market, but our solid and broad platform decrease market risk The growth in the retail segment is explained by high growth from a specific client in the quarter The industry segment remain a solid
Slide 13: In summary
In summary Trend of stabilization continues into the second quarter Early signs of increased client activity, but competition is high Focus on sales and client relations Further measures needed to optimize the organisation in some areas, while others are now on solid ground Large geographical differ
Slide 14: knowit
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