Fdm Group (holdings) Plc · LSE:FDM
Fdm Group (holdings) — H1 2020 Earnings Presentation
15 slides from Fdm Group (holdings)'s earnings presentation, Jun 30, 2020
Slide 1: FDM Group (Holdings) plc Results for the six months ended 30 June 2020
FDM Group (Holdings) plc Results for the six months ended 30 June 2020 Rod Flavell - CEO Mike McLaren - CFO
Slide 2: Summary
Summary • Resilient first half performance, COVID-19 has impacted the Group to differing degrees of significance, longevity and economic effect across our global footprint • The Group had a positive Q1 across all territories, but trading levels fell in Q2 as lockdown restrictions were imposed • We r
Slide 3: Highlights for the six months ended 30 June 2020
Highlights for the six months ended 30 June 2020 Revenue (£m) Basic Earnings per Share (p) Closing Cash (£m) +5% 2020 140.5 -16% 2020 14.8 +103% 2020 58.3 +6% 2019 134.4 +2% 2019 17.6 +26% 2019 28.7 (CAGR) (CAGR) (CAGR) 2018 117.8 2018 16.3 2018 29.8 2017 117.1 2017 13.9 2017 29.3 Adjusted Operating
Slide 4: Highlights for the six months ended 30 June 2020
Highlights for the six months ended 30 June 2020 Mounties on Client Site New Clients -5% 3,846 3,656 +28 2020 28 +7% 3,416 2,947 2019 40 (CAGR) 2018 38 2017 35 2017 2018 2019 2020 Number of Clients Training Completions -4% -18% 2020 831 +10% 396 381 +4% 339 (CAGR) 285 (CAGR) 2019 1,008 2018 965 2017
Slide 5: Market Review
Market Review UK & Ireland 2020 2019 North America 2020 2019 Revenue £64.3m £69.7m -8% Revenue £51.1m £46.7m +9% Mounties on client sites* 1,637 1,985 -18% Mounties on client sites 1,222 1,205 +1% Adjusted operating profit £14.2m £18.8m -24% Adjusted operating profit £4.6m £7.7m -40% Adjusted operat
Slide 6: Regional Distribution
Regional Distribution In NA we moved from a permanent premises in Reston to a pop-up in Arlington. During the period we flexed our pop- up academies to match demand Regional Academy Capacity Pop-up Training Revenue Distribution Completions £140.5m 1,023 110 £134.4m 961 5% 10% 10% 907 8% £117.1m £117
Slide 7: Mountie Headcount
Mountie Headcount Banks and Diversified Financials headcount has remained resilient 3% 3% Industries 2020 2019 Banks 51% 48% 5% 7% Diversified Financials 17% 17% Insurance 7% 7% Government 7% 8% Software & IT Services 6% 7% Energy 4% 4% 92% 90% Media & Entertainment 3% 3% Jun -20 Commercial & Profes
Slide 8: Regional Headcount
Regional Headcount 4,000 3,500 3,000 2,500 2,000 1,500 1,000 500 - Dec-13 Jun-14 Dec-14 Jun-15 Dec-15 Jun-16 Dec-16 Jun-17 Dec-17 Jun-18 Dec-18 Jun-19 Dec-19 Jun-20 UK & I NA EMEA APAC Page 7
Slide 9: Top Clients by Headcount
Top Clients by Headcount 3,000 2,500 2,000 1,500 1,000 500 - Dec-13 Jun-14 Dec-14 Jun-15 Dec-15 Jun-16 Dec-16 Jun-17 Dec-17 Jun-18 Dec-18 Jun-19 Dec-19 Jun-20 HSBC TD RBC Other Government Deutsche Bank Fannie Mae Lloyds Shell JPMorgan Morgan Stanley DWP Manulife Sky BAML BMO Macquarie DBS Bank Metaf
Slide 10: CSR & Inclusivity
CSR & Inclusivity At FDM, diversity and inclusion starts at the top. It is ingrained into the FDM culture and championed by the leadership team Nationalities Gender Ethnicity Disability Median Pay Gap 85+ 80+ ~55% ~50% 53%* 38% 4% 3% -2.1% -1.7% 81 nationalities working of the FDM Management are fro
Slide 11: FDM Networks Recognition 2020
FDM Networks Launched in 2020 to provide employees with support and opportunities to enhance career development by providing a community for discussion and learning Leading, Educating and Aspiring Creating an open and inclusive Empowering and celebrating FDMers of Diversity network – representing an
Slide 12: CEO's Statement
CEO’s Statement The Group has returned a resilient performance in the first half of the year given the challenges presented by the COVID-19 pandemic and, since its first-quarter update to the market in April, has traded comfortably in line with the Board’s revised expectations. Uncertainties over th
Slide 13: Income Statement
Income Statement for the six months ended 30 June 2020 Six months Six months to 30 June to 30 June 2020 2019 £000 £000 Revenue 140,493 134,396 Cost of sales (73,676) (69,314) Gross profit 66,817 65,082 Administrative expenses (45,303) (39,846) Operating profit 21,514 25,236 Finance income 66 97 Fina
Slide 14: Statement of Financial Position
Statement of Financial Position 30 June 30 June as at 30 June 2020 2020 2019 £000 £000 Non-current assets Right-of-use assets 17,371 18,920 Property, plant and equipment 6,425 7,360 Intangible assets 20,159 19,732 Deferred income tax assets 1,478 1,988 45,433 48,000 Current assets Trade and other re
Slide 15: Statement of Cash Flows
Statement of Cash Flows Six months Six months for the six month ended 30 June 2020 to 30 June to 30 June 2020 2019 £000 £000 Cash flows generated from operations 30,835 21,337 Interest received 66 94 Income tax paid (6,780) (4,290) Net cash flow from operating activities 24,121 17,141 Cash flows fro