Cegedim SA · EURONEXT:ALCGM
Cegedim SA — H1 2025 Earnings Presentation
18 slides from Cegedim SA's earnings presentation, Jul 24, 2025
Slide 1: H1 2025 Revenue
acy H1 2025 Revenue July 24,2025 2 0 2 5 == cegedim
Slide 2: Disclaimer
Disclaimer 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 accurate. By th
Slide 3: H1 2025 Revenue by activity
H1 2025 Revenue by activity Health Insurance Cegedim Business Services* Revenue = €83.6m +7.1% rep. • +7.0% LfL Revenue = €91.8m +8.0% rep. • +8.0% LfL Software & Services • €31.1m • +4.4% Software & Services • €47.8m • +9.1% Flow • €21.3m • +8.8% Flow • €32.1m • +7.1% BPO • €31.2m • +8.8% BPO • €12
Slide 4: Highlights
Highlights H1 2025 €322.5m +1.1% Reported Significant events +2.8% Like-for-like • Growth: 1.1% reported, 2.8% Like-for-like €144.4m (5.1)% Reported Software & (1.5)% Like-for-like Services • Growth mainly driven by HR, Marketing, Health Insurance and digitalization Flow • INPS removed from the scop
Slide 5: H1 2025 Revenue bridges
H1 2025 Revenue bridges 2.8% Like-for-like growth Negative impact from the exit of INPS on reported growth +2.8% (1.8)% +0.1% (5.1)% +7.8% +6.9% €319.0m €322.5m €319.0m +8.1% +0.3% €322.5m +€8.9m €(5.6)m +€0.2m €(7.7)m +€3.9m +€4.1m +€3.3m +€0.1m Like-for-like Structure Currency growth impact impact
Slide 6: Software & Services
Software & Services 44.8% €144.4m €(7.7)m Reported of H1 2025 revenue Revenue (5.1)% Like-for-like (1.5)% H1 2025 €144.4m H1 2025 Change (5.1)% Reported by subdivision Revenue by quarter (1.5)% LfL 2025 / 2024 H1 H1 % % m€ in millions of euros 2025 2024 Reported LfL Total Software & 144.4 152.1 (7.7
Slide 7: Flow
Flow 16.5% €53.4m +€3.9m Reported of H1 2025 revenue Revenue +7.8% Like-for-like +7.7% H1 2025 €53.4m H1 2025 +7.8% Reported by subdivision Change by quarter +7.7% LfL Revenue 2025 / 2024 €25.8m H1 H1 % % m€ +6.6% Reported 2025 2024 Reported LfL in millions of euros Q2 +6.6% LfL Total Flow 53.4 49.5
Slide 8: Data & Marketing
Data & Marketing 19.7% €63.4m +€4.1m Reported of H1 2025 revenue Revenue +6.6% Like-for-like +6.8% H1 2025 €63.4m H1 2025 +6.9% Reported by quarter by subdivision Change +6.8% LfL Revenue 2025 / 2024 H1 H1 % % m€ €33.5m 2025 2024 Reported LfL Q2 +3.8% Reported in millions of euros +3.7% LfL Total Da
Slide 9: BPO
BPO 13.4% €43.2m +€3.3m Reported of H1 2025 revenue Revenue +8.1% Like-for-like +8.1% H1 2025 €43.2m H1 2025 +8.1% Reported by subdivision by quarter Change +8.1% LfL Revenue 2025 / 2024 H1 H1 % % m€ €22.1m 2025 2024 Reported LfL Q2 +12.0% Reported in millions of euros +12.0% LfL Total BPO 43.2 39.9
Slide 10: Cloud & Support
Cloud & Support 5.6% €18.2m +€0.1m Reported of H1 2025 revenue Revenue +0.3% Like-for-like +0.3% H1 2025 €18.2m H1 2025 +0.3% Reported by subdivision by quarter +0.3% LfL Var Revenue 2025 / 2024 €7.9m Q2 -14.0% Reported -14.0% LfL H1 H1 % % m€ in millions of euros 2025 2024 Reported LfL Q1 Total Clo
Slide 11: Outlook
Outlook Recurring Revenue Operating Income Like-for-like growth Expected to in a 2% to 4% range increase Disclosure: Based on currently available information. The Group does not provide earnings estimates or forecasts. © Cegedim 2025 11
Slide 12: Financial agenda
Financial agenda 2025 2025 October 23 Septembre 25 after the market closes First Half Third Quarter Revenue Results 2025 September 26 SFAF meeting © Cegedim 2025 12
Slide 13: Q&A
a. i ma cegedim © Cegedim 2025 Q&A 13
Slide 14: Annexes H1 2025 Revenue
Annexes H1 2025 Revenue © Cegedim 2025 14
Slide 15: Revenue 2025 – by quarter
Revenue 2025 – by quarter FY 2025 FY 2024 © Cegedim 2025 15
Slide 16: Revenue 2025 – by division
Revenue 2025 – by division (1) At constant scope and exchange rates. (2) The positive currency impact of 0.1% was mainly due to the pound sterling. The negative scope effect of 1.8% was attributable to the deconsolidation of INPS as of December 10, 2024, which the consolidation of Visiodent starting
Slide 17: Revenue 2025 – Geographies and currencies
Revenue 2025 – Geographies and currencies Revenue 2025 – par zone géographique Geographical area Currency In % of consolidated revenue France Outside France Euro GBP Others Software & Services 87.2% 12.7% 91.0% 7.0% 2.0% Flow 91.7% 8.3% 94.2% 5.8% 0.0% Data & Marketing 97.7% 2.3% 98.2% 0.0% 1.8% BPO
Slide 18: Thank you for your attention
Thank you for your attention For more information [email protected]