Knowit Ab · OMXSTO:KNOW
Knowit Ab — Q2 2021 Earnings Presentation
19 slides from Knowit Ab's earnings presentation, Jul 15, 2021
Slide 1: Interim report January – June 2021
Interim report January – June 2021 1
Slide 2: Knowit's vision: A sustainable and humane society
Slide 3: Well positioned for continued profitable growth
K N O W I T: Well positioned for continued profitable KNOWIT growth SOLUTIONS System solutions ü Strong underlying market drivers ü Strong footprint in the Nordics KNOWIT KNOWIT INSIGHT EXPERIENCE – diversified customer base Management Digital agency ü Attractive employer brand consultants ü Combine
Slide 4: A strong quarter with high activity
Q2 IN BRIEF: A strong quarter with high activity ü Net sales +20.5% ü Adjusted EBITA-margin of 9.5% (8.5%), excl acquisition and integration costs ü Increased net sales and improved results in all business areas ü Strong demand and positive net recruitment ü Acquisition of Cybercom to form a Nordic
Slide 5: Acquisition of Cybercom
Q2 IN BRIEF: Acquisition of Cybercom ü Creating a unique offering in digital transformation ü Strong position on the Nordic market, 3,800 professionals in 6 countries ü Knowit’s three business areas complemented by Knowit Connectivity ü A total consideration of SEK 2.1 bn, financed by 493 MSEK in ca
Slide 6: Solutions
Solutions System development and solutions ü Net sales increased by 3.6% in H1 2021 ü Strong demand in Sweden ü Accelerated digitalisation projects following Covid-19 Jan-Jun Jan-Jun SEK, MILLIONS 2021 2020 Sales 1,282.6 1,238.0 EBITA 143.2 154.8 EBITA margin, % 11.2 12.5 Number of Employees 1,376 1
Slide 7: Experience
Experience The largest digital agency in the Nordic region ü Net sales +48% in H1 2021 ü Clear shift to data-driven e-commerce solutions, increased demand in digital healthcare solutions ü Successful integration of Creuna Jan-Jun Jan-Jun SEK, MILLIONS 2021 2020 Sales 670.5 450.8 EBITA 75.2 55.9 EBIT
Slide 8: Insight
Insight The digital management consultants ü Net sales +7% in H1 2021 ü Streamlining during 2020 is delivering significant result improvement ü Increased demand in Security Jan-Jun Jan-Jun SEK, MILLIONS 2021 2020 Sales 207.5 200.1 EBITA 18.7 8.8 EBITA margin, % 9.0 4.4 Number of Employees 268 293
Slide 9: Q2 in figures
v Q2 in figures nowit
Slide 10: The quarter in figures
The quarter in figures 1,033.7 98.3 9.5 Net sales increased by 20.5% to Adjusted EBITA increased by The adjusted EBITA margin SEK 1,033.7 (857.6) million 35.2% to SEK 98.3 (72.7) amounted to 9.5% (8.5) million
Slide 11: Net sales per business area
Net sales per business area 10 J A N U A RY – J U N E 2 0 2 1 31 Solutions 59% (66) Experience 31% (23) Insight 10% (11) 59
Slide 12: Net sales, geographic split
Net sales, geographic split 4 5 J A N U A RY – J U N E 2 0 2 1 Sweden 52% (55) 52 39 Norway 39% (38) Finland 5% (5) Denmark 4% (2)
Slide 13: Net sales per industry field
Net sales per industry field 3 4 5 5 38 J A N U A RY – J U N E 2 0 2 1 12 Public sector 38% (38) Retail and service companies 20% (15) Banking, finance and insurance 13% (16) Industry 12% (12) Energy 5% (6) 13 Telecom 5% (5) Media, education and gaming 3% (2) Other 4% (6) 20
Slide 14: Cash flow, net debt and financial position
Cash flow, net debt and financial position • Cash flow from operations Cash flow Apr-Jun Apr-Jun impacted by increased working (SEK million) 2021 2020 capital • Cash flow from financing activities impacted by dividend pay-out and Operations 74.5 240.2 rights issue Investments -1,8 -12.7 • Net cash p
Slide 15: Adjusted EBITA profit development
Adjusted EBITA profit development 368 SEK, MILLIONS 321 322 Quarterly values Rolling 12 months 3 335 108 103 65 56 97 96 73 59 98 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2019 2019 2019 2020 2020 2020 2020 2021 2021
Slide 16: Summary and outlook
Summary and outlook ü Solid quarter with high activity ü Improved adjusted margins ü Successful integration of Creuna ü Promising acquisition of Cybercom, complementing our business ü Resumed recruitment in areas with high demand ü Well positioned for a continued growth journey
Slide 17: Q&A
Q&A
Slide 18: We make digital visions real.
We make digital visions real. nowit
Slide 19: knowit
knowit