Slide 1: Q4, 2018
Q4, 2018 Addnode Group contributes to a digitized society where people, companies, government and organizations interact with the technology that surrounds us
Slide 2: Agenda
Agenda • Addnode Group • Q4 2018 • Summary • Significant events • Divisions • Financial position • Shareholders and share • Trends and Addnode Group as investment
Slide 3: Addnode Group
Addnode Group We are an international information technology company with 1,600 employees in 17 countries. Our customers use our digital solutions to design, build and manage products, buildings and infrastructure. In the public sector, our digital solutions enable effective management and communica
Slide 4: Digital solutions
2,942 298 1,600 58% 17 SEK M SEK M Recurring Employees Countries Full-Year Net sales EBITA revenue 2018 DESIGN PRODUCT LIFECYCLE PROCESS MANAGEMENT MANAGEMENT MANAGEMENT • Design and product data • Design, simulation and IoT • Operations planning and • BIM, project collaboration and • Product Lifecy
Slide 5: Summary Q4 2018
Summary Q4 2018: Net sales, SEK M 840 (778) +8% EBITA, SEK M 105 (102) EBITA margin 12.5 (13.1) procent Earnings per share 2.00 (1.81) SEK Cash flow from operating activities 114 (65) MSEK
Slide 6: Earnings distribution, Q4 2015 – Q4 2018, SEK M
Earnings distribution, Q4 2015 – Q4 2018, SEK M
Slide 7: Net sales and EBITA, quarterly trend SEK M
Net sales, quarterly trend SEK M EBITA, quarterly trend SEK M SEK M, quarterly SEK M, LTM SEK M, quarterly SEK M, LTM 120 310 900 3 100 800 100 700 2 600 260 80 600 2 100 210 500 60 400 160 1 600 40 300 200 1 100 20 110 100 0 60 0 600 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2
Slide 8: Significant events Q4, 2018
Significant events Q4, 2018 • Swedish Energy Agency and Swedish Police Authority choose system solutions from Ida Infront. • Addnode Group acquires of Dassault Systèmes partners SSA and Simuleon, with SEK 55 m in net sales. • The Board of Directors proposes an increase in the dividend to SEK 2.50 (2
Slide 9: Significant events Q4, 2018
Significant events Q4, 2018 • Swedish Energy Agency and Swedish Police Authority choose system solutions from Ida Infront. • Addnode Group acquires of Dassault Systèmes partners SSA and Simuleon, with SEK 55 m in net sales. • The Board of Directors proposes an increase in the dividend to SEK xx (2.2
Slide 10: Summary Jan-December 2018: Good growth and strongly improved earnings
Summary Jan-December 2018: Good growth and strongly improved earnings Net sales, SEK M 2,942 (2,520 ) +17% EBITA, SEK M +41% 298 (212) EBITA margin 10.1 (8.4) procent Earnings per share +60% 4.75 (2.96) SEK Cash flow from operating activities 285 (147) MSEK +94%
Slide 11: Three divisions
Three divisions 11 SERVICE WORKS GLOBAL SYMETRI COLLABORATION SYMETRI Product Lifecycle Management TECHNIA Process Management ARTOLLO INDORT ARISIVA SQMPANION CANELLA LANDBORGEN Q5Se MITTOYESE ESSYISION Seiise EMITSE STAMFORO FORSLER STJERNA VOICE PROVIDER [2/., INFRONT ADDNODE GROUP
Slide 12: Design Management
Design Management Design Management develops and provide software and services for design, product data management, project collaboration and property management to customers in the Nordic countries, Great Britain, Australia and Canada. Q4 Q4 Full-year Full-year 2018 2017 2018 2017 Net sales, SEK M
Slide 13: Product Lifecycle Management (PLM)
Product Lifecycle Management (PLM) PLM develops and provides software and services for design, simulation, IoT and product life cycle management to customers in the Nordic region, Germany, the United Kingdom and the United States. Q4 Q4 Full-year Full-year 2018 2017 2018 2017 Net sales, SEK M 331 30
Slide 14: Process Management
Process Management Process Management develops and provides software and services for government management, e-archiving, information management and citizens dialogue to customers in Sweden and Norway. Q4 Q4 Full-year Full-year 2018 2017 2018 2017 Net sales, SEK M 211 202 +4% 773 705 EBITA, SEK M 33
Slide 15: Cash Flow Q4 and Jan-Dec 2018
Cash Flow Q4 and Jan-Dec 2018 Q4 Q4 2018 2017 SEK M 2018 2017 Jan-Dec Jan-Dec Cash flow from operating activities before changes in working capital 104 101 243 195 Total change in working capital 10 -36 42 -48 Cash flow from operating activities 114 65 285 147 Cash flow from financing and investing
Slide 16: Financial position
Financial position 158 SEK M 285 MSEK Net debt Cash flow from operating activities December 31, 2018 1 Januari – 31 December 2018 387 SEK M 44% Liquid funds Equity/assets ratio December 31, 2018 December 31, 2018
Slide 17: Largest shareholders 2018-12-31
Largest shareholders 2018-12-31
Slide 18: 12% YoY growth since 2007
12% YoY growth since 2007 SEK M 3 500 11,1% 10,2% 12,0% 9,9% 10,1% 3 000 10,9% 9,5% 10,0% 8,8% 8,4% 2 500 7,8% 8,0% 6,6% 6,4% 2 000 7,7% 6,0% 1 500 4,0% 1 000 500 2,0% 0 0,0% 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Net sales EBITA margins* * * Excl. Capital gains and revaluations
Slide 19: Digitalization and globalization drives demand
Digitalization and globalization drives demand Demography Technology Market Increased Visualization Collaboration Automation Population Competition Urbanization/ Simulation IoT and Price Smart Cities Pressure
Slide 20: The Addnode Group Story: From Sweden to the World
The Addnode Group Story: From Sweden to the World Growth International Trends in our favour Digitalization +12% Urbanization Vizualisation YoY Automation Growing Product Portfolio Industry leaders Acquisition driven growth Design & PLM Facility Management Public sector +50
Slide 21: ADDNODE GROUP
ADDNODE GROUP