press conference of 2008 11 27 - announcing hy results 2008/09
DESCRIPTION
Announcing the RealDolmen Half Year Results for the Six Months Ended 30 September 2008TRANSCRIPT
April 12, 2023 | SLIDE 1
www.realdolmen.com
Press Conference 27th November 2008Announcing the RealDolmen Half Year Results for the Six
Months Ended 30 September 2008
April 12, 2023 | SLIDE 2
AGENDA
RealDolmen - overview
Key Figures Half Year 2008
Operational Review & Outlook
Q & A
April 12, 2023 | SLIDE 3
REALDOLMEN
Bruno Segers
CEO RealDolmen
April 12, 2023 | SLIDE 4
Headcount Belgium 1440 France 380 Luxemburg
80
Total1900
Headcount Belgium 1440 France 380 Luxemburg
80
Total1900
April 12, 2023 | SLIDE 5
OVERVIEW
Strong first half year Turnover up 16,1% - growth achieved ahead of market sector REBIT +42% , with margins up to 5,6% Growing operating Cash Flow +62%
Integration on track Aligned organisation able to deliver cross-selling successes Internal ICT convergence plan final and ready for
implementation Motivated workforce - attrition in-line with market average
Well positioned for the future Healthy revenue mix with over 33% in public and limited
presence in financial sector (<7%) Sound cash position and no short term debt exposure Market leadership and strong offering
April 12, 2023 | SLIDE 6
KEY FIGURES HALF YEAR 2008
Jos Nyns
CFO RealDolmen
April 12, 2023 | SLIDE 7
ProfessionalServices
Infrastructure Products
Business Solutions
H12007/08
H12008/09
€69,0 mio€62,5
mio
H12007/08
H12008/09
€20,0 mio
€13,6 mio
H12007/08
H12008/09
€41,9mio€36,5
mio
Total Group
H12008/09
€130,7 mio
€112,6 mio
H12007/08
TURNOVER
April 12, 2023 | SLIDE 8
MARGINS
H12007/08
H12008/09
-1,6%-1,4%
Corporate
H12007/08
H12008/09
8,6%
7,3%
Professional Services
H12007/08
H12008/09
11,6%
6,9%
Business Solutions
H12007/08
H12008/09
2,9%3,3%
Infrastructure Products
H12008/09
5,6%
4,6%
H12007/08
Total Group
April 12, 2023 | SLIDE 9
CASH/DEBT POSITION
Cash (2)
Convertible debt (July 2012)
Other debt
March ‘08
€36,6 mio
€73,7 mio
€16,7 mio
€57,0 mio
(1) Shows impact of buy-back convertible on September close numbers(2) Cash = Cash + Assets held for trading
September ‘08
€34,6 mio
€74,6 mio
€14,8 mio
€59,9 mio
Pro Forma (1)
€24,6 mio
€58,5 mio
€14,8 mio
€43,8 mio
April 12, 2023 | SLIDE 10
OPERATIONAL REVIEW & OUTLOOK
Bruno Segers
CEO RealDolmen
April 12, 2023 | SLIDE 11
HIGHLIGHTS
Turnover up 16.1% in first half after strong Q1. Higher margin Professional Services and Business Solutions show continued growth in Q2
Operational result before nonrecurring items (REBIT) up 42%, with REBIT margins up to 5.6%, despite integration costs
Operating cash flow up 62% to €9.4m Integration of acquisition continues in line with
expectations, with first cross-selling opportunities coming through
€20m buy back of convertible bond in October 2008 for €10m in cash will improve the net debt position
April 12, 2023 | SLIDE 12
MERGER UPDATE
Integration succesfully proceeding to plan
First cross-selling opportunities coming through
Synergy benefits anticipated next FY, in-line with expectations
In-line with plan, investing more in H2 on single administrative platform & fully integrated operations by year-end
April 12, 2023 | SLIDE 13
SUMMARY & OUTLOOK
Pleased with progress achieved in H1
Expectations are aligned with economic outlook Anticipate generating small level of growth & maintaining REBIT
margins
We are well positioned for the future Strong market position Continued demand in the market & recruiting accordingly Good spread of customers Solid cash position
April 12, 2023 | SLIDE 14
HOME for our employeesSHOWCASE for partnersSIMPLE for our customersGREEN for the environmentCAMPUS for allROCK-SOLID PASSION for ICT
April 12, 2023 | SLIDE 15
Q & A
April 12, 2023 | SLIDE 16
THANK YOU
FOR ICTPASSIONROCK-SOLID