Arcadis NV · EURONEXT:ARCAD
Arcadis NV — Q1 2019 Earnings Presentation
10 slides from Arcadis NV's earnings presentation, Apr 18, 2019
Slide 1: First Quarter 2019 Trading Update
FIRST QUARTER 2019 TRADING UPDATE Amsterdam, 18 April 2019 18 April 2019 | 2019 Q1 Trading Update | © Arcadis 2019 1
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 there to) are forward-looking stat
Slide 3: Continued progress on key strategic metrics
CONTINUED PROGRESS ON KEY STRATEGIC METRICS Operational • Continued solid results in majority of the business, particularly strong performance in North America • Good progress made in the improvement areas • Further strengthening digital capabilities by continued investments and acquisition of EAMS
Slide 4: Acquisition majority stake EAMS Group strengthens digital offerings
ACQUISITION MAJORITY STAKE EAMS GROUP STRENGTHENS DIGITAL OFFERINGS • EAMS Group delivers digitally-enabled asset and safety management frameworks • 70 employees and revenues of ~€10 million • Headquarter in UK, with offices in the US and Australia • Customer base: rail, transportation, airports, av
Slide 5: First quarter segment revenue strong growth Americas
FIRST QUARTER SEGMENT REVENUE STRONG GROWTH AMERICAS Net Revenues and organic growth TRANSFORM MOBILITY Organic NR IN CHICAGO | US In € millions and % Q1 2019 Q1 2018 growth % Americas 204 177 8% Europe & Middle East 290 292 -1% Asia Pacific 79 80 -1% CallisonRTKL 54 50 1% Total 628 599 2% Americas
Slide 6: Quarterly key financial metrics
QUARTERLY KEY FINANCIAL METRICS Net Revenues and organic growth Days Sales Outstanding and Net Working Capital % € millions, % Days and % 3% 4% 4% 19.5% 660 2% 2% 100 18.8% 18.1% 17.4% 640 95 620 15.1% 600 90 580 85 560 80 540 520 75 599 621 613 607 628 94 91 89 80 86 500 -25% 70 05% Q1'18 Q2'18 Q3'
Slide 7: Significant improvement in quality of trade receivables
SIGNIFICANT IMPROVEMENT IN QUALITY OF TRADE RECEIVABLES Ageing of Gross Receivables and Net Working Capital (%) • Significant reduction of overdue trade 643 receivables in last 12 months 580 587 >120 127 106 • > 120 days: reduction of €38 million (-26%) 144 86 78 31-120 95 106 • > 31-120 days: reduc
Slide 8: Strategic priorities 2019
STRATEGIC PRIORITIES 2019 • Further margin improvement − Rigorous adherence to actions identified for the Middle East and Asia to improve performance − Leverage of “Make Every Project Count”, growth of the Global Excellence Centers • Revenue growth − Build on growth momentum North America, Continent
Slide 9: Arcadis. Improving quality of life.
Arcadis. Improving quality of life. 18 April 2019 | 2019 Q1 Trading Update | © Arcadis 2019 9
Slide 10: IFRS 16 approach and impact
IFRS 16 APPROACH AND IMPACT Approach Impact • “Modified retrospective approach” Material impact but accounting change applied; no restatement of 2018 only, no net cash impact comparative figures 2019 Q1 impact: • 2019 Trading Update figures based • EBITDA and FCF: +€19 million Accounting impact only