Zalaris Asa · OSL:ZAL
Zalaris Asa — Q1 2015 Earnings Presentation
14 slides from Zalaris Asa's earnings presentation, Apr 29, 2015
Slide 1: Zalaris ASA Interim report | First quarter 2015
Zalaris ASA Interim report | First quarter 2015 Thank you for joining us. The presentation will begin shortly. Please note: • Use the provided phone based dial-in instructions for listening to the presentation; • All attendees will be in muted mode during the presentation; • We will open up for ques
Slide 2: Interim report | First quarter 2015
Interim report | First quarter 2015 Oslo, 29 April 2015
Slide 3: Presenters and agenda
Presenters and agenda Agenda • Highlights for the quarter Hans-Petter Mellerud Founder and CEO • Financial performance • Regional trends Nina Stemshaug • Outlook CFO © 2015 2014 Zalaris Page: 3
Slide 4: Q1 at a glance: A good start of the year
Q1 at a glance: A good start of the year Strong financials Strategic milestones • Revenues in Q1 2015 grew by • Customer in the Nordics, Baltics and 27 % compared to same period last Poland expands co-operation to year include SuccessFactors1, reflecting growing interest in cloud services • EBIT of
Slide 5: Growth continues. Driven by the addition of new long-term customers
Growth continues. Driven by the addition of new long-term customers Operating revenues (in NOK million) Baltics & 100 Poland 2 % • Growth of 27 % year-on-year 90 reflects go-live of new long-term Finland 12 % customers 80 Denmark 16 % • Year-end activities drive Q1 70 revenues in both 2014 and 2015
Slide 6: Operating profit in line with expectations
Operating profit in line with expectations Operating profit (in NOK million) NOK million • NOK 9.9 million operating profit in line 12 11,7 with expectations. 9,9 • Positive contribution from all business 10 areas 8,5 8,3 – HR Outsourcing: NOK 7.6 million (8.3 %) 8 – Cloud: NOK 0.03 million (9.7 %)
Slide 7: Recurring revenue from HR Outsourcing remains main driver for growth
Recurring revenue from HR Outsourcing remains main driver for growth HR Outsourcing Consulting Cloud services Revenues Revenues1 Revenues in NOK million in NOK million in NOK million 90 3,7 72 2,4 0,1 0,3 Q1 14 Q1 15 Q1 14 Q1 15 Q1 14 Q1 15 • Largest segment and main • Year-on-year revenue grow 53 •
Slide 8: Balance sheet continue to strengthen. Q1 cash flow marked by customer implementation project
Balance sheet continue to strengthen. Q1 cash flow marked by customer implementation project Equity • Cash flow from operating activities in Q1 15 was negative NOK 7.5 million, of In NOK million at end of quarter which one customer implementation project was NOK 6.2 million 100 100 • NOK 64.5 millio
Slide 9: Transition and transformation work for new global Swedish Fortune 500 customer progressing well
Transition and transformation work for new global Swedish Fortune 500 customer progressing well Jan 2015 March Jan 2016 • Signed agreement • 13 employees • Go live on Zalaris transferred to Zalaris SAP systems • 20’000 employees in one month ahead of Sweden, Finland, plan Denmark and Norway • Starte
Slide 10: Increased focus on providing our customers with new cloud based functionality and geographic coverage
Increased focus on providing our customers with new cloud based functionality and geographic coverage is successful Large Nordic customer 1 with firm commitment to add: – SuccessFactors Learning Solution (target in production by November 2015) – Increased geographic coverage including approximately
Slide 11: Concluding remarks. We have started 2015 on the right foot
Concluding remarks. We have started 2015 on the right foot • Growth continued as expected! • We are confident that 2015 will be another banner year. Our business pipeline remains strong • We have grown our selling capacity. Higher visibility in our target markets is resulting in increased interest f
Slide 12: Important Notice
Important Notice This Presentation includes certain forward-looking statements relating to the business, financial performance and results of the Company and/or the industry in which it operates. Forward-looking statements relate to future circumstances and results and other statements that are not
Slide 13: Questions?
Questions?
Slide 14: Thank you!
Thank you! Hans-Petter Mellerud CEO & Founder Zalaris HR Services AS hans-petter.mellerud@zalaris.com PO Box 1053 Nina Stemshaug NO-0218 Oslo CFO Tel: +47 4000 3300 nina.stemshaug@zalaris.com www.zalaris.com