Cegedim Sa · EURONEXT:ALCGM
Cegedim Sa — FY2022 Earnings Presentation
18 slides from Cegedim Sa's earnings presentation, Jan 26, 2023
Slide 1: Revenues 2022
REVENUES 2022 26 Janvier 2023
Slide 2: Forward-looking statements
Forward-looking statements This presentation contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on expectations and assumptions that we believe to be reasonable when made, but that may not prove to be
Slide 3: 2022 Important facts
2022 Important facts Revenue - Revenue growth continued in the fourth quarter 2022, but 2022 the pace of growth slowed relative to previous quarters - Sales momentum for Cegedim Santé Cegedim Santé - Strategic partnership with 3 social protection groups representing 25 million beneficiaries in Franc
Slide 4: 4Q 2022 Revenue up 2.9% Like for like
4Q 2022 Revenue up 2.9% Like for like © Cegedim 2023 4
Slide 5: 2022 Revenue up 5.1% Like for like
2022 Revenue up 5.1% Like for like © Cegedim 2023 5
Slide 6: Software & services
Software & 54.4% €302.0m +3.4% +€10.0m services of 2022 Group revenue Revenue Q4 2022 2022 Comments – Cegedim Santé posted fourth-quarter revenue growth of 12.4%. Growth in the second half was 16% year on year. Cegedim Santé subscriber global churn rate came to 12% over the full year. – Q4 revenues
Slide 7: Flow
16.3% €90.6m +7.5% Flow of 2022 Group revenue Revenue +€6.4m Q4 2022 2022 Comments – Process digitalization and electronic data flows continue to do well, but the pace of growth slowed relative to prior quarters. International operations (Germany and the UK) continued to build on the recovery seen i
Slide 8: Data & marketing
Data & 19.3% €107.2m +9.0% +€8.8m marketing of 2022 Group revenue Chiffre d’affaires Q4 2022 2022 Comments - The data business recorded a 3.9% organic growth in the fourth quarter. The scope effect is coming from Clinityx; an entity specialized in innovative data valorization model with real world d
Slide 9: BPO
9.5% €53.0m +11.9% BPO of 2022 Group revenue Revenue +€5.7m Q4 2022 2022 Comments – BPO operations continued to post double-digit growth over both the fourth quarter and the full year, driven by services for insurance companies in health and welfare, and by those designed for clients’ HR departments
Slide 10: Summary 2022
Summary 2022 Revenue 2022 Cegedim Santé - Increased by 5.1% Like for like , 5.9% - Strategic partnership with 3 social protection groups reported representing 25 million beneficiaries in France - All operating division contributed - Reserved capital increase of €65 million to growth - Development pl
Slide 11: Outlook
Outlook 2023 Outlook Full year 2023 Revenue 2023 Recurring operating income growth expected to be between 6% and 9% Disclosure: Based on currently available information. The Group does not expect to make any significant acquisitions in 2023. The Group does not provide earnings estimates or forecasts
Slide 12: 2023 Financial calendar
2023 Financial calendar March 23 April 27 June 16 After the market closes After the market closes Q1 Revenues Shareholders’ Full year Meeting Earnings 2022 2023 July 27 September 20 After the market closes After the market closes H1 Revenues H1 Earnings 2023 2023 © Cegedim 2023 12
Slide 13: Q&A
Q&A © Cegedim 2023 13
Slide 14: Addendum FY 2022 Revenue
Addendum FY 2022 Revenue © Cegedim 2023 14
Slide 15: 2022 Revenue – by quarter
2022 Revenue – by quarter •Year 2022 In millions of euros Q1 Q2 Q3 Q4 Total Software & services 71.2 74.4 75.2 81.1 302.0 Flow 22.6 22.6 21.5 23.9 90.6 Data & marketing 22.5 27.6 22.8 34.4 107.2 BPO 12.3 13.1 13.0 14.6 53.0 Corporate and others 0.7 0.7 0.8 0.7 2.8 Group revenue 129.2 138.3 133.3 154
Slide 16: 2022 Revenue – by division
2022 Revenue – by division Forth quarter Change Q4 2022 / 2021 Full Year Change Q4 2022 / 2021 in millions of euros 2022 2021 Reported L.f.l(1)(2) 2022 2021 Reported L.f.l(1)(2) Cegedim Santé: 19.2 17.1 12.4% 5.5% 69.6 63.1 10.3% 5.8% Insurance. HR. Pharmacies and 49.0 48.7 0.6% 0.3% 183.5 175.0 4.8
Slide 17: 2022 Revenue – by geographic area
2022 Revenue – by geographic area Geographic zone Currency as a % of consolidated revenues France Ex. France Euro GBP Others Software & services 83.8% 16.2% 86.8% 11.6% 1.6% Flow 92.5% 7.5% 95.4% 4.6% 0.0% Data & marketing 97.5% 2.5% 97.7% 0.0% 2.3% BPO 100.0% 0.0% 100.0% 0.0% 0.0% Corporate and oth
Slide 18: Thank you for your attention
Thank you for your attention For any additional information [email protected]