Cegedim Sa · EURONEXT:ALCGM
Cegedim Sa — Q2 2011 Earnings Presentation
17 slides from Cegedim Sa's earnings presentation, Aug 3, 2011
Slide 1: Q2 2011 Revenue Highlights
Cegedim Q2 2011 Revenue Highlights August 3th, 2011
Slide 2: Safe Harbour Statement
Safe Harbour Statement This presentation contains forward-looking statements (made pursuant to the safe harbour provisions of the Private Securities Litigation Reform Act of 1995). By their nature, forward-looking statements involve risk and uncertainty. Forward-looking statements represent the comp
Slide 3: Cegedim profile
Cegedim profile | > Group | CRM & Strategic Data | Healthcare Professionals | Insurance & Services | Finance 3 This document should not be distributed without Cegedim authorization – Copyright 2011
Slide 4: Q2 2011 Financial summary
Q2 2011 Financial summary ¼ Revenues are in line with target 2Q’11: €247.1m; +3.2% on a reported basis excluding currency impacts HY’11 €458.6m; HY’11: €458 6 +2.5% 2 5% on a reported t d basis b i excluding l di currency iimpacts t CRM and Strategic Data posted L-f-L growth of 1.3% in the 2Q’
Slide 5: Cegedim activities focus on healthcare
Cegedim activities focus on healthcare | > Group | CRM & Strategic Data | Healthcare Professionals | Insurance & Services | Finance 5 This document should not be distributed without Cegedim authorization – Copyright 2011
Slide 6: Business trends by sector
Business trends by sector Robust and steady growth in emerging countries Strong investment in innovation Great success for new products: AggregateSpend360TM, Organization ManagerTM Return to normal in the roll-out of CRM offerings Strategic Data is expected to grow faster worldwide than the Group av
Slide 7: Consolidated revenue in line with targets
Consolidated revenue in line with targets Q2 2011 sector development in % versus Q2 2010 I millions In illi off euros Q2 2011 Q2 2010 O Organic i Structure St t C Currency R Reported t d Reported growth CRM & Strategic data 136.1 137.6 +1.3% +0.2% ‐2.6% ‐1.1% excluding currency Healthcare profession
Slide 8: Higher year-end seasonal effect
Higher year year-end end seasonal effect Traditionally higher sales of software at the end of the year Spending of remaining operating budget More use of data and market research in Q4 due to reorganization of sales forces forces, organization of new campaign, annual reporting … | Group | CRM
Slide 9: Well-balanced and diversified revenue mix
Well-balanced and diversified revenue mix Revenue breakdown by 22% 5% 15 10 clients Top 5 clients 5% Top cclient Top 1 As of December 2010 Highly diversified operations Good revenue visibility Three business units with strong synergies Strong recurring revenue model between them Multi-year M l
Slide 10: Sound financial position
Sound financial position Debt as of end 2010 New €280m credit facility in € millions 2010 2009 Total debt 549.9 525.0 ¼ Adjust debt structure to Cegedim development needs Total financial debt 540.8 516.4 Maturity extension: 66% of total debt has more than 4 years maturity Cash and cash equivalents
Slide 11: Debt structure: Significant improvement
Debt structure : Significant improvement Before After €160m Undrawn RCF €80m Undrawn RCF Bank Bankk €5m Drawn RCF $88m Term loan $ €200m Term loan € €123m Term loan € 88% EUR hedged g 89% Hedged Bond Bond or fix rate 100% EUR 86% €300m Bond €300m Bond or fix rate Shareholder €45m Subordinated debt 1
Slide 12: 2011 Financial outlook
2011 Financial outlook As of August 2011(1) ¼ The Group is lowering its revenue guidance for full year 2011 2% growth th on a reported t dbbasis i excluding l di currency iimpactt 2011 Outlook 0% on a L-f-L basis 2011 Revenue ¼ Rigorous cost management relative to expected revenue trends versus
Slide 13: Cegedim is confident in its future growth potential
Cegedim g is confident in its future growth potential based on: ¼ Return to normal in the roll-out of CRM offerings ¼ Potential from emerging countries ¼ R&D efforts ¼ Rising electronic healthcare records usage around the world ¼ The online personal insurance services revolution in France ¼ The glob
Slide 14: Strong and stable shareholder base
Strong and stable shareholder base Shareholder base as of end of June 2011 Board of directors Corporate governance Compliance with the recommendation of the AFEP- MEDEF code Creation of Audit, Strategy, Nomination and Compensation committees | Group | CRM & Strategic Data | Healthcare Profession
Slide 15: Share ID
Share ID | Group | CRM & Strategic Data | Healthcare Professionals | Insurance & Services | > Finance 15 This document should not be distributed without Cegedim authorization – Copyright 2011
Slide 16: 2011 Finance agenda
2011 Finance agenda | Group | CRM & Strategic Data | Healthcare Professionals | Insurance & Services | > Finance 16 This document should not be distributed without Cegedim authorization – Copyright 2011
Slide 17: We welcome your questions and comments
it. . w=, cegedim We welcome your questions and comments Jan Eryk UMIASTOWSKI Chief Investment Officer Head of Investor Relations [email protected] www.cegedim.com/finance TEL: +33 (Q) 1 49 09 33 36