Worldline Sa · EURONEXT:WLN
Worldline Sa — Ingenico — Q3 2010 Earnings Presentation
9 slides from Worldline Sa's earnings presentation, Oct 28, 2010
Slide 1: Q3'10 Revenue
Q3’10 Revenue October 28 2010
Slide 2: Disclaimer
Disclaimer To facilitate the assessment of Ingenico’s performance, the prior-period revenue presented in comparison with consolidated revenue for the first quarter of 2010 have been restated to reflect changes in the company’s scope of consolidation during the year (“2009 restated revenue”), i.e. in
Slide 3: Q3'10 revenue at a glance
Q3’10 revenue at a glance Q3’10 revenue: 231.8m€, in line with expectations – Up 31.6% reported – Up 5.2%* like-for-like Sustained growth in Europe (SEPA area), Latin America and Asia-Pacific Focus on delivering strategic plan Raised FY2010 targets for revenue and profitability *Based on constant ex
Slide 4: Q3'10 revenue up 31.6%, in line with expectations
Q3’10 revenue up 31.6%, in line with expectations Revenue in million euros +31.6%: strong reported growth – Contribution of acquisitions*: €7.2m, +31.6% 231.8 higher than expected as a consequence of gross revenue recognition due to the 7.2 application of IAS 38 +5.2% 15.8 198.4 – Positive FX impact
Slide 5: Sustained growth in Europe, Latin America and Asia-Pacific
Sustained growth in Europe, Latin America and Asia-Pacific Revenue contribution by region (like-for-like growth rates*) Latin America Europe: +11.4%. Continued strong growth in France. Europe SEPA Confirmed recovery in the UK & Spain. Development (+8.3%) (+11.4%) of easycash’s acquiring services in
Slide 6: Q3'10 customer highlights
Q3’10 customer highlights Germany: 380 Media Markt & France, Italy & al.: Calypso Saturn stores select our certification for contactless countertop solution Germany: easycash to handle terminals & solutions all processing for Gravis Germany: issuing processing France, Spain, Latam &al.: of Payback M
Slide 7: Focus on delivering strategic plan
Focus on delivering strategic plan Continuous focus & innovation on hardware – First success of new pinpad range (iPP320/350) after successful launch of countertop terminals ICT220/250 – New wireless range expected by year-end – New product range based on Telium platform completed by year-end Transa
Slide 8: Raised 2010 targets based on 9 months performance
Raised 2010 targets based on 9 months performance 2010 targets 2010 targets 2010 targets FY2010 Targets (in million €) March 2010 July 2010 Oct 2010 Revenue at comparable basis* 790-805 805-815 810-815 Reported revenue** - - >865m Adj. profit from ordinary activities*** 12.5-13% confirmed >12.7% EBI
Slide 9: Ingenico investment case
Ingenico investment case Key focused strategy Technological leadership Well positioned in a growing market Continuous shift towards e-payments Structural changes in the payment ecosystem Leveraging key assets to expand margins Financial strength Q3 2010 Revenue - October 28, 2010 p.9