Gft Technologies Se · XETR:GFT

Gft Technologies — Q1 2017 Earnings Presentation

17 slides from Gft Technologies's earnings presentation, May 11, 2017

  1. Slide 1: Financial results Q1/2017

    Financial results Q1/2017 GFT Technologies SE Dr Jochen Ruetz (CFO) 11 May 2017 INNOVATE. TRANSFORM. DELIVER.

  2. Slide 2: Key figures

    TRACKER Financial results Q1/2017 Key figures Revenue EBITDA EBT Employees +14 % -2 % -6% + 16 %  Total revenue growth of  EBITDA excluding extra-  € -0.17m PPA from  Employee growth to 4,833 14% to € 111.10m ordinary items +10% Habber Tec Brazil (Q1/2016: 4,159) acquisition  Habber Tec Brazil

  3. Slide 3: Results at a glance

    TRACKER Financial results Q1/2017 Results at a glance In €m Q1/2017 Q1/2016 ∆% Revenue 111.10 97.39 14% Revenue organic 108.20 97.39 11% EBITDA 9.92 10.15 -2% EBITDA w/o extraordinary items 11.17 10.15 10% EBIT 6.95 7.40 -6% EBT 6.63 7.04 -6% Net income 4.99 5.57 -10% IAS earnings per share 0.19 € 0

  4. Slide 4: Results at a glance per quarter

    TRACKER Financial results Q1/2017 Results at a glance per quarter Q1 Q2 Q3 Q4 FY Q1 In €m 2016 2016 2016 2016 2016 2017 Revenue 97.39 110.64 106.25 108.28 422.56 111.10 EBITDA 10.15 11.39 12.46 12.71 46.71 9.92 EBIT 7.40 8.46 9.54 9.39 34.79 6.95 EBT 7.04 7.56 9.11 9.34 33.05 6.63 Net income 5.57 6.

  5. Slide 5: Revenue and EBT per quarter (in €m)

    TRACKER Financial results Q1/2017 Revenue and EBT per quarter (in €m) Revenue EBT  Revenue increased by 14% in Q1/2017 to € 111.10m (Q1/2016: € 97.39m), due 110.64 111.10 106.25 108.28 to a strong development of the segment 102.03 97.39 9.77 Continental Europe 92.72 9.11 9.34 88.52 90.24 8.51  Rev

  6. Slide 6: Revenue per segment

    TRACKER Financial results Q1/2017 Revenue per segment Revenue ∆% in €m Q1/2017 Q1/2016 Organic M&A FX Total Americas & UK 54.86 51.18 6.1% 5.7% -4.6% 7.2% Continental Europe 56.08 46.05 21.6% 0.0% 0.2% 21.8% Others 0.16 0.16 n/a n/a n/a n/a GFT 111.10 97.39 13.3% 3.0% -2.2% 14.1% GFT GROUP 11/05/201

  7. Slide 7: EBITDA & EBT per segment

    TRACKER Financial results Q1/2017 EBITDA & EBT per segment EBITDA EBT in €m Q1/2017 Q1/2016 ∆% Q1/2017 Q1/2016 ∆% Americas & UK -0.75 2.52 -130% -2.29 1.08 -311% Continental Europe 10.03 6.18 62% 8.45 4.65 82% Others 0.64 1.45 -56% 0.47 1.31 36% GFT 9.92 10.15 -2% 6.63 7.04 -6% € 0.50m Operating pro

  8. Slide 8: Revenue by countries

    TRACKER Financial results Q1/2017 Revenue by countries Q1/2017: € 111.10m Q1/2016: € 97.39m Q1/2017 ∆% Q1/2016 € 32.52m UK -7% € 34.97m 4% 4% 2% 3% 2% 5% € 22.97m Spain 32% € 17.37m € 13.99m USA 11% € 12.57m 29% 12% 12% € 13.58m Italy 2% € 13.30m 36% € 13.20m Germany 14% € 11.54m 14% 12% € 6.11m Bra

  9. Slide 9: Currency distribution Q1/2017

    TRACKER Financial results Q1/2017 Currency distribution Q1/2017 Revenue Costs 5% 6% 6% 7% EUR EUR 6% GBP GBP 12% USD USD 19% BRL BRL 5% 55% PLN PLN 64% Others* Others* 15% *Others include: CHF, MXN, CAD, CRC, PEN GFT GROUP 11/05/2017 MINOR VARIANCES DUE TO ROUNDING POSSIBLE 9

  10. Slide 10: 30 biggest clients Q1/2017 – seven new entries

    TRACKER Financial results Q1/2017 30 biggest clients Q1/2017 – seven new entries Capital Markets Retail Banking Private Wealth Insurance & Others GFT GROUP 11/05/2017 MINOR VARIANCES DUE TO ROUNDING POSSIBLE 10

  11. Slide 11: Detailed profit & loss statement

    TRACKER Financial results Q1/2017 Detailed profit & loss statement in €m Q1/2017 Q1/2016 ∆% Revenues 111.10 97.39 14% Other operating income 0.68 2.16 -68% Cost of material & purchased services -13.79 -14.61 -6% Personnel expenses -72.40 -60.57 20% Other operating expenses* -15.67 -14.22 10% EBITDA

  12. Slide 12: Operating profit and M&A effects

    TRACKER Financial results Q1/2017 Operating profit and M&A effects Guidance in m€ Q1/2017 2016 2015 2017 Operating profit GFT 10.54 47.84 48.86 50.50 Operating profit Holding 0.63 -1.06 -3.37 Operating profit 11.17 50.50 46.78 45.49 Expenses for adapting sales organisation -1.00 -1.00 0 0 Earn-out a

  13. Slide 13: Balance Sheet (in €m)

    TRACKER Financial results Q1/2017 Balance Sheet (in €m) Assets Liabilities 366.04 366.04 354.98 354.98 Cash 44.13 62.29 & Securities 102.81 114.21 Current Liabilities Other Current 137.45 128.21 Assets 130.46 134.65 Non-Current Liabilities Non-Current Assets 173.40 175.54 121.71 117.18 Equity 31/03/

  14. Slide 14: Cash Flow analysis (in €m)

    TRACKER Financial results Q1/2017 Cash Flow analysis (in €m) 31/12/2016 Q1/2017 31/03/2017 Net cash Financial Liabilities Cash Operating Cash Flow Financing Activities Investments FX effects Cash Financial liabilities Net cash  GFT’s biggest clients overpay in December in order to utilise internal

  15. Slide 15: Employees by countries (FTE)

    TRACKER Financial results Q1/2017 Employees by countries (FTE) 5000 4,870 4,833 4,749 4,493 357 389 4500 351 4,159 349 235 227 4,050 237 3,897 310 323 4000 289 300 237 287 250 243 289 3,421 241 550 554 568 Others 3500 3,257 229 285 276 551 162 173 273 UK 222 536 594 3000 217 499 590 576 272 458 532

  16. Slide 16: Forecast fiscal year 2017

    TRACKER Financial results Q1/2017 Forecast fiscal year 2017 (in €m) Revenue 800 EBITDA margin 12% CAGR 2015-2020: Revenue EBITDA EBT 10% organic growth p.a. plus acquisitions +6% +4% +6% +13% 48.5 +5% 35.0 423 450 46.7 +2% 374 33.1 44.6 32.5 2015 2016 2017 2015 2016 2017 2015 2016 2017 2020  Strong

  17. Slide 17: Shaping the future of digital business

    TRACKER Shaping the future of digital business GFT Technologies SE GFT Technologies SE GFT Technologies SE Dr Jochen Ruetz Andrea Wlcek Jutta Stolp CFO Global Head of Communications Investor Relations Manager Schelmenwasenstraße 34 Schelmenwasenstraße 34 Schelmenwasenstraße 34 70567 Stuttgart 70567

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