Worldline Sa · EURONEXT:WLN
Worldline Sa — Ingenico Group — Q3 2018 Earnings Presentation
20 slides from Worldline Sa's earnings presentation, Oct 24, 2018
Slide 1: Q3 2018 Revenues
¥ A a; - = | OCTOBER 230 REVENUES ingenico
Slide 2: Key Take Aways
KEY TAKE AWAYS Q3 performance highlights the acceleration expected in H2’18 « Revenues of €687 million, up 8% on an organic basis and 15% on a reported basis + Growth acceleration of Retail at 12%, Bambora in line with our expectations * Banks & Acquirers is back to growth at 4% with an unfavourable
Slide 3: Strategic and Operational Highlights
STRATEGIC AND OPERATIONAL HIGHLIGHTS Creation of a joint-venture with BSPAYONE* * Accelerate expansion in Germany with a strong direct access to merchants * Access to more than 250,000 new merchants in the most dynamic market in Europe * Combined entity will be the largest acquirer in Germany with m
Slide 4: Q3'18 and 9-Month Revenues
Q3’18 AND 9-MONTH REVENUES Growth acceleration in Q3’18 Q3’18 revenues: €687m Organic growth acceleration in Q3’18 * Organic growth*: +8% ¢ Reported growth: +15% 9-month 2018 revenues: €1,916m * Organic growth*: +0% « Reported growth: +5% * Revenue split: Retail 51% / B&A 49% Q1'18 Q2'18 \ 318 | . —
Slide 5: 2018 Outlook
2018 OUTLOOK Q4'18 organic growth trends Retail Double-digit organic growth + Steady organic performance of the SMBs business line with Bambora >20% and German deployment * Double-digit organic growth on Global Online driven by merchant gains and Indian market * Low-single organic growth of Enterpri
Slide 6: 2018 Outlook
2018 OUTLOOK Outlook adjusted 2018 EBITDA guidance adjusted to €510m vs. at least €545m previously * Guidance adjusted on the back of B&A lower performance : o Headwind effects from the consolidation in Europe o Certification processes longer than expected in certain geographies o Unfavorable geogra
Slide 7: Retail
RETAIL Q3'18 HIGHLIGHTS . . 7) Ingenico Group - Q3 and 9-month revenues 2018 Ingen Ico GROUP
Slide 8: Retail Transformation Pays Off
RETAIL TRANSFORMATION PAYS OFF Acceleration of Retail growth profile 5% 12% 7% 2% 3% 4% 243 273 259 Qi Q2 Q3 2017 revenues (€m) =2018 revenues (€m) Organic Growth (%) * SMB fueled by the roll-out of Bambora’s repeatable model, with 330k merchants end September 2018 * Strong ramp-up of advanced acqui
Slide 9: Q3'18 Retail
Q3’18 RETAIL Business lines dynamics ENTERPRISE (+8%") Strong dynamic of the North American market Strong traction from mobile devices Instore processing remains dynamic Commercial successes in Germany with Deutsche Post deployment and within the healthcare sector * Growth rate at constant FX & scop
Slide 10: Q3'18 Retail
Q3’18 RETAIL 12% organic growth Revenue contribution (in €M) os +6 353 (8) 545 18 * | | ¥€ of ye gt ae ce os ee gf os € ae “Includes acquisitions at 100% on a full year basis . . 10) Ingenico Group - Q3 and 9-month revenues 2018 Ingen Ico GROUP
Slide 11: Q3'18 Highlights
Q3'18 HIGHLIGHTS —. ti) Ingenico Group - Q3 and S-month revenues 2018 Ingenico
Slide 12: Q3'18 Banks & Acquirers
Q3’18 BANKS & ACQUIRERS Region dynamics North America (-6%") + Canada strong organic growth with major acquirer deployments + Milestone achievements on specific fee verticals such as the wide grocery market with the Toshiba partnership + Lag effect in the US from the ISV's ramp up as well as some ce
Slide 13: Q3'18 Banks & Acquirers
Q3’18 BANKS & ACQUIRERS 4% organic growth Revenue contribution (in €M) +25 354 (13) 342 342 (25) “5 Q) | || g > c 3 ¥& oo & ~ « . s ros & ne ae ao" “Includes acquisitions at 100% on a full year basis . . (3) Ingenico Group - Q3 and 9-month revenues 2018 Ingen Ico GROUP
Slide 14: Conclusion
——— Conclusion . . ts) Ingenico Group - Q3 and 9-month revenues 2018 I ngen Ico GROUP
Slide 15: Conclusion
CONCLUSION Successful integration of Bambora Validation of our strategy with the Retail growth acceleration Shift towards recurring revenues underway Review of strategic options to improve the group’s value creation profile ° . 1 ] Ingenico Group - Q3 and 9-month revenues 2018 I ng e n Ico GROUP
Slide 16: Appendices
APPENDICES . . 1 ) Ingenico Group - Q3 and 9-month revenues 2018 l ngen Ico GROUP
Slide 17: Full Year'17 Reported Figures
FULL YEAR'17 Reported figures IN €M Q1'17 Q2’17 Q3'17 Q4'17 FY’17 Retail 243 272 260 325 1,099 SMBs 33 35 35 72 175 Global Online 111 127 124 131 494 Enterprise 99 110 101 122 431 Banks & Acquirers 351 356 337 367 1,411 EMEA 142 147 155 159 602 Latin America 40 37 44 49 170 North America 37 55 45 50
Slide 18: Full Year'17 Pro Forma Figures
FULL YEAR'17 Pro forma figures IN €M Q1'17 Q2’17 Q3'17 Q4'17 FY’17 Retail 299 327 314 340 1,280 SMBs 81 90 89 89 349 Global Online 118 127 124 131 500 Enterprise 100 111 101 119 431 Banks & Acquirers 354 363 343 369 1,428 EMEA 137 146 152 158 594 Latin America 40 37 44 49 170 North America 37 5 45 5
Slide 19: Disclaimer
DISCLAIMER This document includes forward-looking statements relating to Ingenico Group’s future prospects, development and business strategies. By their nature, forward-looking statements involve risks and uncertainties and are not guarantees of future performance. Ingenico Group’s financial condit
Slide 20: Investor Relations Contacts
vy Laurent MARIE, VP Investor Relations (T): +33 1 58 01 92 98 (M): +33 7 84 50 18 90 vy Kevin WORINGER, Investor Relations Manager (T): +33 1 58 01 85 09 (M): +33 6 02 18 59 08 . . 20 ) Ingenico Group - Q3 and 9-month revenues 2018 I ngen Ico GROUP