Fdm Group (holdings) Plc · LSE:FDM
Fdm Group (holdings) — FY2019 Earnings Presentation
16 slides from Fdm Group (holdings)'s earnings presentation, 2020
Slide 1: FDM Group (Holdings) plc Results for the year ended 31 December 2019
FDM Group (Holdings) plc Results for the year ended 31 December 2019 Rod Flavell - CEO Mike McLaren - CFO
Slide 2: Highlights for the year ended 31 December 2019
Highlights for the year ended 31 December 2019 Total Revenue (£m) Basic Earnings per Share (p) Closing Cash (£m) +11% 2019 271.5 +9% 2019 37.3 +9% 2019 37.0 +13% 2018 244.9 +16% 2018 34.2 +10% 2018 33.9 (CAGR) (CAGR) (CAGR) 2017 233.6 2017 29.5 2017 36.8 2016 189.4 2016 24.0 2016 27.8 Mountie Revenu
Slide 3: Highlights for the year ended 31 December 2019
Highlights for the year ended 31 December 2019 Mounties on Client Site New Clients +5% 3,747 3,924 4,000+ +97 2019 97 +13% 3,170 2018 77 2,705 (CAGR) 2017 72 2016 49 2016 2017 2018 2019 Mar-20 Number of Clients Training Completions +4% 409 -2% 2019 2,115 +6% 345 376 393 +5% (CAGR) (CAGR) 2018 2,155
Slide 4: Market Review
Market Review UK & Ireland 2019 2018* North America 2019 2018* Revenue £136.9m £131.0m +5% Revenue £96.0m £82.1m +17% Mountie revenue £134.2m £126.1m +6% Mountie revenue £95.7m £81.4m +18% Mounties on client sites 1,910 2,004 -5% Mounties on client sites 1,277 1,196 +7% Adjusted operating profit £37
Slide 5: Regional Distribution
Regional Distribution APAC permanent academy capacity increased 109% due to the opening of the Sydney Academy. NA decreased 24% due to the conversion of the Reston Academy into a pop-up centre in Herndon. Mountie Revenue Academy Capacity Pop-up Training Regional Distribution Completions 988 £268.2m
Slide 6: Mountie Headcount
Mountie Headcount Banks and Diversified Financials sectors headcount has remained broadly constant 2.8% 2.5% Industries 2019 2018 Banks 47% 46% 6.3% 7.5% Diversified Financials 16% 17% Software & IT Services 8% 9% Insurance 7% 5% Government 7% 10% Energy 4% 2% 90.9% 90.0% Media & Entertainment 3% 3%
Slide 7: Regions by Headcount
Regions by Headcount 4,500 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 UK & Ireland North America EMEA APAC Page 6
Slide 8: Top Sectors by Headcount
Top Sectors by Headcount 4,500 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 Banks Diversified Financials Software & IT Services Insurance Government Energy Media & Entertainment Commercial & Professional Se
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 HSBC RBC TD Other Government Shell DWP Fannie Mae Lloyds Bank Of America JPMorgan Morgan Stanley Deutsche Bank Manulife BNP Sky BMO Standard Life Ba
Slide 10: Service Divisions by Headcount
Service Divisions by Headcount 4,500 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 Development PMO ITSM Testing Business Analysis Data and Operational Analysis Business Intelligence Murex Robotic Process Aut
Slide 11: 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 81 85+ ~55% 53%* 4% -1.7% nationalities working of the FDM Management are from a BAME** of FDM UK g
Slide 12: Recognition 2019
Recognition 2019 Social Mobility Foundation – Top 75 Yahoo Finance Heroes 40 Advocate Female Grad Tech Employer Megabuyte Quoted25 Companies Social Mobility Employer Index 2019 Executives of 2019 of the Year Agents of Change Power List Best Contribution to The JobCrowd’s Top 100 Companies Best for V
Slide 13: CEO's Statement
CEO’s Statement “The strength and flexibility of our business model enabled FDM to deliver a solid performance in 2019 against a backdrop of challenging conditions in certain of our markets. 2020 has started promisingly and in line with management expectations, with strong levels of client activity
Slide 14: Income Statement
Income Statement for the year ended 31 December 2019 2019 2018 £000 £000 Revenue 271,529 244,910 Cost of sales (139,953) (125,875) Gross profit 131,576 119,035 Administrative expenses (78,401) (70,210) Operating profit 53,175 48,825 Finance income 194 140 Finance expense (886) (763) Net finance expe
Slide 15: Statement of Financial Position
Statement of Financial Position as at 31 December 2019 2019 2018 £000 £000 Non-current assets Right-of-use assets 17,832 14,045 Property, plant and equipment 6,789 6,117 Intangible assets 19,799 19,409 Deferred income tax assets 1,732 2,692 46,152 42,263 Current assets Trade and other receivables 39
Slide 16: Statement of Cash Flows
Statement of Cash Flows for the year ended 31 December 2019 2019 2018 £000 £000 Cash flows generated from operations 57,662 49,282 Interest received 194 140 Income tax paid (11,009) (11,407) Net cash flow from operating activities 46,847 38,015 Cash flows from investing activities Acquisition of pro