Press Conference of 2008 11 27 - announcing HY results 2008/09

  • 575 views
Uploaded on

Announcing the RealDolmen Half Year Results for the Six Months Ended 30 September 2008

Announcing the RealDolmen Half Year Results for the Six Months Ended 30 September 2008

  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Be the first to comment
    Be the first to like this
No Downloads

Views

Total Views
575
On Slideshare
0
From Embeds
0
Number of Embeds
0

Actions

Shares
Downloads
5
Comments
0
Likes
0

Embeds 0

No embeds

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
    No notes for slide

Transcript

  • 1. Press Conference 27th November 2008 Announcing the RealDolmen Half Year Results for the Six Months Ended 30 September 2008
  • 2. AGENDA
    • RealDolmen - overview
    • Key Figures Half Year 2008
    • Operational Review & Outlook
    • Q & A
  • 3. REAL DOLMEN
    • Bruno Segers
    • CEO RealDolmen
  • 4.
      • Headcount
        • Belgium 1440
        • France 380
        • Luxemburg 80
        • Total 1900
  • 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
  • 6. KEY FIGURES HALF YEAR 2008
    • Jos Nyns
    • CFO RealDolmen
  • 7. TURNOVER Professional Services Infrastructure Products Business Solutions H1 2007/08 H1 2008/09 € 69,0 mio € 62,5 mio H1 2007/08 H1 2008/09 € 20,0 mio € 13,6 mio H1 2007/08 H1 2008/09 € 41,9 mio € 36,5 mio Total Group H1 2008/09 € 130,7 mio € 112,6 mio H1 2007/08
  • 8. MARGINS H1 2007/08 H1 2008/09 -1,6% -1,4% Corporate H1 2007/08 H1 2008/09 8,6% 7,3% Professional Services H1 2007/08 H1 2008/09 11,6% 6,9% Business Solutions H1 2007/08 H1 2008/09 2,9% 3,3% Infrastructure Products H1 2008/09 5,6% 4,6% H1 2007/08 Total Group
  • 9. CASH/DEBT POSITION Cash (2) Convertible debt (July 2012) Other debt
    • Shows impact of buy-back convertible on September close numbers
    • Cash = Cash + Assets held for trading
    March ‘08 € 36,6 mio € 73,7 mio € 16,7 mio € 57,0 mio 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
  • 10. OPERATIONAL REVIEW & OUTLOOK
    • Bruno Segers
    • CEO RealDolmen
  • 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
  • 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
  • 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
  • 14. HOME for our employees SHOWCASE for partners SIMPLE for our customers GREEN for the environment CAMPUS for all ROCK-SOLID PASSION for ICT
  • 15. Q & A
  • 16. THANK YOU FOR ICT PASSION ROCK-SOLID