North Media A/S · OMXCOP:NORTHM
North Media A/S — FY2022 Earnings Presentation
13 slides from North Media A/S's earnings presentation, Feb 9, 2023
Slide 1: North Media A/S Annual Report 2022
9 February, 2023 Annual Report 2022 Investor Presentation North Media A/S Annual Report 2022
Slide 2: Agenda
Agenda 3 Group financial highlights Today’s presenter 4 Strategic progress in 2022 Kåre Wigh 5 FK Distribution Group CFO 6 BoligPortal 7 Ofir 8 BeKey 9 Strategic priorities in 2023 10 Outlook 2023 11 Value generation Forward-looking statements This presentation contains statements about the future,
Slide 3: Group financial highlights full-year 2022
Group financial highlights full-year 2022 Financial results meet most recent guidance – ambitions for 2023-24 cancelled Full-year 2022 results Revenue, DKKm EBIT EBIT margin, % Capital resources, DKKm DKKm 995.3 191.5 19.2 764.3 2021: 1,033.6 2021: 244.4 2021: 23.6% 2021: 882.8 Most recent guidance
Slide 4: Strategic progress in 2022
Strategic progress in 2022 Last Mile Digital Services Better than expected Better than expected As expected As expected • Double-digit growth in • Double-digit income growth • Grow no. of paid job ads and • Revenue increase in Homecare minetilbud and selected mail from partnerships and gain market s
Slide 5: FK Distribution
FK Distribution Results impacted by challenging macroeconomics • Revenue decline in packaging and distribution business • Leaflet volumes down 6.3% y-o-y, mainly for durable goods • Consumer interest for leaflets increased • Positive contribution from minetilbud, and selected mail Key figures FY 202
Slide 6: BoligPortal
BoligPortal Transformation to full rental housing platform on track • 11% revenue growth driven by new services and advertising income • Margin - adjusted for Boligmanager acquisition - on par with 2021 • 124.000 unit listed on the home rental platform during 2022 • Record-number of lease contracts
Slide 7: Ofir
Ofir Earnings impacted by business development cost • 11% revenue growth from both public and private sector job adds • A record high 46,000 job adds in the portal during 2022 • In H2, market for job adds impacted by inflation and cost focus • EBIT impacted by business development costs Key figures
Slide 8: Bekey
Bekey Improved earnings on stable revenue • Revenue grew 4% - Homecare DK main contributor • Distributors and Properties development unsatisfactory • Minor growth in recurring license and service fees • EBIT up despite full expense of development and installation costs Key figures FY 2021 FY 2022 Q4
Slide 9: Strategic priorities 2023
Strategic priorities 2023 Value creation through cost focus and investments in digital transformation and growth • Solid earnings and strong capital resources support attractive, stable dividend • Explore strategic growth opportunities • Optimise packaging and distribution operations – cost focus •
Slide 10: Outlook 2023
Outlook 2023 Last Mile guidance (DKKm) Group full-year guidance (DKKm) Revenue EBIT Revenue EBIT 760 - 800 135 - 160 920 - 975 125 - 160 2022 result: 836.5 2022 result: 184.7 Digital Services guidance (DKKm) 2022 result: 995 2022 result: 192 Revenue EBIT Main assumption 160 - 175 0 - 10 • Broader ra
Slide 11: Long-term value creation
Long-term value creation • Overall 2022 financial results reflect Capital resources (DKKm) macroeconomic development rather than 882,8 764,3 structural changes in our sectors 738,9 484,7 • Strategic direction is unchanged 327,2 • Last Mile: Generate solid earnings 2018 2019 2020 2021 2022 • Digital
Slide 12: Q&A
Q&A 12 9 February, 2023 Annual Report 2022 Investor Presentation
Slide 13: Financial calendar 2023 and Investor events
Financial calendar 2023 and Investor events 9 February Annual Report 2022 teleconference and HCA IR contact: Capital presentation CFO Kåre Wigh 24 March Annual General Meeting T: (+45) 3957 7000 M: (+45) 2565 2145 3 May Q1 2023 Interim Report E: [email protected] 4 May Q1 2023 teleconference and HCA