Datagroup SE · XETR:D6H
Datagroup — Q1 2023/24 Earnings Presentation
16 slides from Datagroup's earnings presentation, Feb 20, 2024
Slide 1: DATAGROUP is synonymous with stability
DATAGROUP is synonymous with stability Analyst Call Q1 2023/2024 Figures February 20, 2024
Slide 2: Who are we: Leading German IT full service provider
Who are we: Leading German IT full service provider ▪ Rock solid business model based on innovative CORBOX service suite ▪ Helping companies to increase efficiency, safe costs, skilled labor shortage ~ 3,500 ~ € 500m ▪ High share of long-term contracts with recurring revenues offers Employees in rev
Slide 3: Business Model: Full service offering for IT, cloud and security services
Business Model: Full service offering for IT, cloud and security services ▪ Innovative Service as a Product approach with CORBOX service suite at its core ▪ Standardization as a basis for automation and efficiency gains ▪ Economies of scale through industrial service provision ▪ Modular solution for
Slide 4: Highlights Q1 2023/24
Highlights Q1 2023/24 Company Highlights Financial Highlights ▪ Very strong order intake well above ▪ High demand for CORBOX core previous year: business ▪ 13 new CORBOX customers ▪ New CORBOX customer order ▪ 13 cross- & up-sellings intake of more than € 15m on an annual basis ▪ 16 contract extensi
Slide 5: Very strong Order Intake with CORBOX
Very strong Order Intake with CORBOX Neues Bild Neues Bild Special Chemistry Trade Fair Warms and Power Generation Telecommunication and IT Onsite Support Cloud Management Managed IT Services Private Cloud 4 years, ca. € 0.5m / year 5 years, ca. € 5.3m / year 5 years, ca. € 0.3m / year 3 years, ca.
Slide 6: Dec. 2023: Acquisition of CONPLUS
Dec. 2023: Acquisition of ▪ CONPLUS offers a complete portfolio of services around SAP Business One ▪ Focus in the SME segment (small and mid-sized enterprises) ▪ Approx. 250 customers in Northern and Western Germany (primarily trade and production companies) ▪ Product portfolio: SAP licences (>25%)
Slide 7: Jan. 2024: Acquisition of iT TOTAL
Jan. 2024: Acquisition of ▪ iT TOTAL is an IT Service provider with a strongly growing managed services sector and a software and hardware business ▪ Diversified customer structure of regional medium-sized companies with over 200 customers from various industries Opportunites & Outlook ~ € 11.2m 37
Slide 8: Q1 23/24: Very strong order intake, revenue below previous year as expected
Q1 23/24: Very strong order intake, revenue below previous year as expected ▪ Total revenue slightly below previous year due to the €m Revenue €m EBITDA absence of the COVID-related special boom and the 225 revenue transformation of low-margin contracts 130 20 126.2 19.7 -4.1 % -5.9 % ▪ Service reve
Slide 9: Q1 23/24: Earnings and margin influenced by investments in future topics
Q1 23/24: Earnings and margin influenced by investments in future topics KI, Cloud and Security ▪ Total revenue slightly below previous year due to the €m EBIT € EPS absence of the COVID-related special boom and the 225 revenue transformation of low-margin contracts 12 1 11.5 ▪ Service revenue incre
Slide 10: Selected P&L Ratios in Q1 23/24
Selected P&L Ratios in Q1 23/24 Figures in € k Q1 22/23 Q1 23/24 Change Revenue 126,207 1) 121,069 -4.1% ▪ Material expenses Services and maintenance 100,582 104,790 +4.2% decrease primarily due Trade 25,821 1) 16,423 -36.4% to reduced trade Other own work capitalized 449 -77 -117.2% revenues Change
Slide 11: Selected Balance Sheet Ratios in Q1 23/24
Selected Balance Sheet Ratios in Q1 23/24 Figures in € k 30.09.23 31.12.23 Change Goodwill 157,025 169,206 7.8% ▪ Increase of Goodwill Non-current liabilities 151,789 156,929 3.4% driven by acquisition of thereof liabilities to banks 65,903 65,887 0.0% CONPLUS thereof leasing liabilities 33,414 30,2
Slide 12: Cash Flow in Q1 23/24
Cash Flow in Q1 23/24 Figures in € k Q1 22/23 Q1 23/24 Change Notes Cash flow from operating activities 17,391 12,668 -27.2% ▪ Operating Cash flow remains solid Cash flow from investing activities -5,041 -11,593 +130.0% ▪ CAPEX : € 2,427k in Q1 23/24 after € 2,747k in Q1 22/23 ▪ Outflow of € 9,597 f
Slide 13: Well on track for core business growth and our operating FY 2023/2024 targets
Well on track for core business growth and our operating FY 2023/2024 targets after the first quarter Cross-selling and upselling to CORBOX customers (annual target: c. € 10–15m increase in CORBOX core business p.a.) New customer acquisition for the CORBOX core business (annual target: c. € 10–15m i
Slide 14: Extract from Financial Calendar
Extract from Financial Calendar ▪ 20.02.24 Publication Q1 figures FY 23/24 ▪ 14.03.24 Annual General Meeting, Pliezhausen ▪ 22.04.24 Metzler Small Cap Days, Frankfurt/Main ▪ 23.04.24 Quirin Champions Conference, Frankfurt/Main ▪ 13.-15.05.24 German Spring Conference, Frankfurt/Main ▪ 23.05.24 Public
Slide 15: Contact
Contact Anke Banaschewski Investor Relations M +49 177 41 80 747 anke.banaschewski@datagroup.de DATAGROUP SE Wilhelm-Schickard-Straße 7 72124 Pliezhausen, Germany datagroup.de IT's that simple. 15
Slide 16: Disclaimer
Disclaimer This presentation has been produced by DATAGROUP SE with the sole purpose of providing decision support for the recipient. This presentation is no prospectus and in no way is intended to be an offer or solicitation to purchase or subscribe to corporate shares or other securities. This pre