Arcadis Nv · EURONEXT:ARCAD
Arcadis Nv — Q3 2017 Earnings Presentation
10 slides from Arcadis Nv's earnings presentation, Oct 25, 2017
Slide 1: Third Quarter 2017 Trading Update
THIRD QUARTER 2017 TRADING UPDATE Amsterdam, 25 October 2017 IMPROVING QUALITY OF LIFE
Slide 2: Disclaimer
DISCLAIMER Statements included in this presentation that are not historical facts (including any statements concerning investment objectives, other plans and objectives of management for future operations or economic performance, or assumptions or forecasts related thereto) are forward looking state
Slide 3: Business Highlights Third Quarter
BUSINESS HIGHLIGHTS THIRD QUARTER • Organic net revenue growth in this quarter was positive for the first time in nine quarters • Our focus on clients and a positive business sentiment in the majority of our markets contributed to a net revenue increase in North America, Continental Europe, the UK a
Slide 4: Financial Highlights Third Quarter
FINANCIAL HIGHLIGHTS THIRD QUARTER • Gross revenues €766 million. Net revenues €585 million, organically +3% • EBITDA €50 million, +2%; operating EBITA €45 million, +4% • Net working capital 19.8% (Q3 2016: 20.9%) • Free cash flow of +€41 million in Q3 leading to lower year-on-year net debt of €492
Slide 5: Third Quarter and Year-to-Date Operating Results
THIRD QUARTER AND YEAR-TO-DATE OPERATING RESULTS in € millions THIRD QUARTER YEAR-TO-DATE Period ended 30 September 2017 2016 change 2017 2016 change Gross revenues 766 797 -4% 2,414 2,475 -2% Net revenues 585 596 -2% 1,841 1,860 -1% Organic growth 3% 0% EBITDA 50 49 2% 149 157 -5% EBITA 40 39 4% 12
Slide 6: Revenue and Operating EBITA Q3 2017
REVENUE AND OPERATING EBITA Q3 2017 Net Revenues (€ millions, YOY organic growth %) 700 3% 5 • Net Revenues: 0% 4 3 680 -3% -3% -1% 2 1 - Year-on-year organic net revenue growth 3% driven by -4% 0 -1 660 -5% -2 North America Australia, UK and Continental Europe -3 -4 640 -5 -6 620 -7 -8 -9 - Decline
Slide 7: Net Working Capital and DSO
NET WORKING CAPITAL AND DSO Net Working capital (€ millions & as % of gross revenues) 20.9% 18.9% 19.9% 19.9% 19.3% 19.8% • Net working capital as percentage of gross revenues 19.8% 17.5% 20 (Q3 2016: 20.9%) 730 15 660 • Days sales outstanding decreased year-on-year with 5 days to 10 96 days (Q3 201
Slide 8: Third Quarter Segment Results
THIRD QUARTER SEGMENT RESULTS Net revenues third quarter 2017 2016 Organic Q3 performance growth • In North America revenues increased organically by 3% in the quarter and 2% year-to-date driven by the Environmental, and Infrastructure businesses Americas 181 190 -1% • Net Revenues in Latin America
Slide 9: Market Outlook and Leadership Priorities
MARKET OUTLOOK AND LEADERSHIP PRIORITIES Market outlook 2017: • In general, positive business sentiment in most regions • Increased infrastructure spending in many countries • Uncertainty around Brazil and the Middle East remains • Strong pipeline and cost reductions supporting profitable growth Lea
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