Worldline Sa · EURONEXT:WLN
Worldline Sa — Q3 2014 Earnings Presentation
20 slides from Worldline Sa's earnings presentation, Nov 6, 2014
Slide 1: Third Quarter 2014
Third Quarter 2014 Thursday, November 6 2014
Slide 2: Disclaimer
Disclaimer ● This document contains further forward-looking statements that involve risks and uncertainties concerning the Group's expected growth and profitability in the future. Actual events or results may differ from those described in this document due to a number of risks and uncertainties tha
Slide 3: Worldline ID card
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Slide 4: We are
We are A payment service company, which builds and operates real-time transactional payment systems to allow merchants, banks, governments and other organizations: to issue, accept and settle payment means in various forms and; to manage all types of digital transactions with their customers bey
Slide 5: Worldline at a glance
Worldline at a glance ● 40 years of payment systems expertise €1,125m ● Worldline is a leading provider of electronic payment 2013 1 and transactional services revenue ● Offers a full range of merchant acquiring, €204m payment processing and business solutions services 2013 to financial institutions
Slide 6: Business is organized in three Global Service Lines
Worldline business is organized in three Global Service Lines Merchant Services Financial Processing and Mobility and and Terminals Software Licensing e-Transactional Services Offerings Commercial Acquiring Issuing Processing e-Consumer & Mobility Online Services Acquiring Processing e-T
Slide 7: Worldline is a leading player in Europe with expanding emerging markets footprint
Worldline is a leading player in Europe with expanding emerging markets footprint Payment Service Provider revenues in Europe (in Why scale matters: €m) Worldline 1,019 • Price competitiveness NETS 800 #1 Issuing First Data 700 • Innovation Processor in Germany WorldPay 700 Concardis 415 • Outsourci
Slide 8: Comprehensive positioning across the extended payments value chain
Worldline has a comprehensive positioning across the extended payments value chain Issuing Services to Acquiring Services to new Credit/Debit Services to Commercial Acceptance POS transaction cardholders and ACH¹ transaction digital transfers Card payment processing issuers merchants processing acqu
Slide 9: Worldline benefits from long-term structural growth drivers
Worldline benefits from long-term structural growth drivers ▶ Non-cash transactions in Europe ▶ e-Commerce transactions Bn Bn 2013 industry estimates 2010-14F CAGR 18.1% Source: A.T. Kearney European payment market model – June 2013 Source: Capgemini / RBS Study 2013 New digital markets – ▶ m-Paymen
Slide 10: Positioned to be a consolidator in the fragmented European landscape
Worldline is positioned to be a consolidator in the fragmented European landscape Highly fragmented payments More than market facing short-term 50 payment providers consolidation High level of in – sourcing with Financial institutions under 29 out of the top 40 pressure to divest their commercial ac
Slide 11: Positioned to take advantage of massive change in European payment industry
Worldline is positioned to take advantage of the massive change in the European payment industry European Payment regulations • SEPA adoption (Aug-14) • Visa Europe/EU settlement on cross border interchange fees (Feb-14) • PSD2 (Payment Service Directive) draft proposal (Jul-13) Post financial crisi
Slide 12: Thanks
Thanks For more information please contact: David Pierre-Kahn Head of Investor Relations T +33 1 34 34 90 66 M+ 33 6 28 51 45 96 [email protected]
Slide 13: Key figures for H1 2014
Key figures for H1 2014 €556.4m 17.8% + 2.2% organic €99.1m €57.4m €145.9m (**) (*): Operating Margin before Depreciation & Amortization. (**) : Including €248.5m of IPO net proceeds received on July 1, 2014 13
Slide 14: H1 2014 Performance per GBL
H1 2014 Performance per GBL Revenue OMDA OMDA % In € million H1 2014 H1 2013* % Growth H1 2014 H1 2013* H1 2014 H1 2013* Merchant Services and Terminals 182.0 180.1 1.0% 38.2 36.2 21.0% 20.1% Financial Proc essing and Software Licensing 193.0 185.1 4.3% 45.7 39.0 23.7% 21.1% Mobility and e-Transacti
Slide 15: Key figures for Q3 2014
Key figures for Q3 2014 €284.6m + 2 . 5 organic Revenue Free cash low 17 p: ‘ A a Financial communication 1.4 year of revenue €1.6b Backlog Net cash worldline e-payment services
Slide 16: Q3 2014 Revenue per GBL
Q3 2014 Revenue per GBL Revenue Q3 In € million Q3 2014 Q3 2013* % Merchant Services and Terminals 90.7 88.5 2.5% Financial Processing and Software Licensing 99.0 98.8 0.2% Mobility and e-Transac tional Services 94.8 90.3 5.0% Total Group 284.6 277.6 2.5% * Proforma at 2014 constant scope and exchan
Slide 17: 9M 2014 Revenue per GBL
9M 2014 Revenue per GBL Revenue 9 months In € million YTD 2014 YTD 2013* % Merchant Services and Terminals 272.7 268.6 1.5% Financial Processing and Software Licensing 292.0 283.9 2.8% Mobility and e-Transac tional Services 276.2 269.3 2.6% Total Group 840.9 821.8 2.3% * Proforma at 2014 constant sc
Slide 18: Thanks
Thanks For more information please contact: David Pierre-Kahn Head of Investor Relations T +33 1 34 34 90 66 M+ 33 6 28 51 45 96 [email protected]
Slide 19: 2014 guidance and medium term objectives
2014 guidance and medium term objectives Providing strong growth, margin and cash flow generation 2014 Guidance Medium-Term Objectives 3 to 4% organic growth more likely 5 to 7% 2014-2017 organic revenue CAGR Revenues Sales growth to progressively increase over the at the lower end of the bracket pe
Slide 20: Thanks
Thanks For more information please contact: David Pierre-Kahn Head of Investor Relations T +33 1 34 34 90 66 M+ 33 6 28 51 45 96 [email protected]