Enea AB · OMXSTO:ENEA

Enea AB — Q3 2015 Earnings Presentation

21 slides from Enea AB's earnings presentation, Oct 21, 2015

  1. Slide 1: Anders Lidbeck, President & CEO, October 21, 2015

    Anders Lidbeck, President & CEO October 21, 2015

  2. Slide 2: Agenda

    Agenda  Enea Intro  Enea Financials Q315  Way Forward & Outlook

  3. Slide 3: A Catalyst for the Connected Society

    A Catalyst for the Connected Society OPERATING HEAD REVENUE PROFIT 429 21.9 QUARTER KISTA, SWEDEN MSEK PERCENT NO. OF R&D OPEX INVESTMENT LISTED EMPLOYEES STOCKHOLM, 399 20.5 NASDAQ OMX PERCENT Numbers for 2014

  4. Slide 4: Our Business

    Our Business  Software Products for embedded applications in general and communication solutions in particular  Real-time operating systems  Training  Linux operating system (open source)  Related to our own products  Middleware (what’s between the operating system and the application)  Relat

  5. Slide 5: A Catalyst for the Connected Society

    A Catalyst for the Connected Society More than 3 billion people rely on Enea software every day, to connect a call or use their mobile phone to get online  More than 75% of the LTE population coverage is through infrastructure powered by Enea OS Solutions (2012).  Enea OS Solutions run in more tha

  6. Slide 6: Leading Customers

    Leading Customers Ze 2 a NOKIA ERICSSON BOEING: VOLVO @ wororora Honeywell oO A) Flectralux FUJITSU Alcatel-Lucent @ HUGHES. @ YAMAHA

  7. Slide 7: Financials Q315

    ENEA Financials Q315

  8. Slide 8: Record Q3 EBIT & Operating Margin

    Record Q3 EBIT & Operating Margin Q315 Q314 EBIT (MSEK) 27.9 23.9 Operating margin (%) 23.7 22.8 Earnings per share (SEK) 1.29 1.16 FY14 EBIT (MSEK) 93.8 Operating margin (%) 21.9 Earnings per share (SEK) 4.58  17 % EBIT y-o-y growth  11 % EPS y-o-y growth  Highest Q3 Operating Profit and Operati

  9. Slide 9: Record Q3 Revenues

    Record Q3 Revenues Q315 Q314 Revenue (MSEK) 117.7 105.0 Revenue growth (%) 12 8 Revenue growth (%) (currency adjusted) 6 6 FY14 Revenue (MSEK) 429.3 Revenue growth (%) 5 Revenue growth (%) (currency adjusted) 3  Highest Q3 revenue since dives  4th consecutive quarter of double digit revenue growth

  10. Slide 10: Growth in Worldwide Software Sales & Global Services

    Growth in Worldwide Software Sales & Global Services  Double digit growth in revenues from Worldwide Software Sales. Key Accounts slight decrease over the same quarter last year.  Growth in revenues from licenses, including support and maintenance and from Product Services over the same quarter la

  11. Slide 11: Revenue Split per Region

    Revenue Split per Region  Europe European revenues decreased during the quarter compared with the same quarter last year.  Double digit growth in EMEA SW Sales  Double digit growth in EMEA GS Sales  Decline in EMEA Key Account Sales  Americas Double digit revenue growth in the Americas – both i

  12. Slide 12: Revenue Split per Product

    Revenue Split per Product Benen Revenue per customer segment (Jul-Sep) < Hh 66% Telecom MM 19% Aero/defence 3% Transportation Wi 12% Other Revenue per product group (Jul-Sep) | | 56% Operating systems incl. tools 10% Middleware | | 33% Global Services HM 1% Other

  13. Slide 13: Double Digit Growth in Global Services

    Double Digit Growth in Global Services  Revenues grew particularly strong in Europe.  Revenues also grew in the US but mainly due to the significantly strengthened US dollar.  Revenues at all-time-high (since 2010).  28% y-o-y revenue growth (double digit growth also when adjusted for currency e

  14. Slide 14: Strong Financial Position

    Strong Financial Position  Q315 cash flow from operations 17.5 (17.9) MSEK.  Cash, cash equivalents and financial investments at the end of the quarter were 193.4 (184.7) MSEK.  Enea has no debt and unused credits of 15 MSEK.  The equity ratio was 77.5% (81.0%).

  15. Slide 15: Way Forward & Outlook

    ENEA & Way Forward & Outlook

  16. Slide 16: Significant Investment in R&D

    Significant Investment in R&D 7% increase in R&D investment over Q314  We focus on communication systems and expertise Telecom and networking are the bases of our portfolio and customer base.  We embrace new open source solutions and initiatives We also strive to integrate our existing portfolio i

  17. Slide 17: Our Ecosystem

    Our Ecosystem We focus on communication systems and expertise We embrace new open source solutions and initiatives We focus on the ARM Architecture

  18. Slide 18: Recent Highlights

    Recent Highlights We focus on communication systems and expertise The “COSNOS” initiative previously We embrace new announced We focus on the ARM open source solutions Architecture and initiatives New ARM track (aka “ARM Band”) Enea participating at within the OPNFV LinuxCon North project America En

  19. Slide 19: Long Term Ambition

    Long Term Ambition  Enea’s ambition during five years, starting 2012, is to create a global software company with a large proportion of recurring revenues.  Enea will be focusing on organic growth, but both strategic and supplementary acquisitions will be evaluated regularly.  Our objective durin

  20. Slide 20: Market Outlook

    Market Outlook  Outlook 2015 Our objective full year 2015 is to achieve revenue growth and our assessment is that earnings per share will improve compared with 2014.

  21. Slide 21: Thank You!

    Thank You! For additional information on Enea, please contact: Anders Lidbeck , President & CEO anders.lidbeck@enea.com Håkan Rippe, CFO hakan.rippe@enea.com Sofie Dåversjö, Investor Relations sofie.daversjo@enea.com Phone: +46 8 507 140 00

Enea — Q3 2015 Earnings Presentation on 6ix