Atea Asa · OSL:ATEA

Atea Asa — Ementor — Merger or Acquisition (June 2006)

13 slides from Atea Asa's merger presentation, Jun 19, 2006

  1. Slide 1: Ementor/Topnordic acquires Atea

    Ementor/Topnordic acquires Atea 19 June 2006

  2. Slide 2: Ementor acquires Atea: Transaction highlights

    Ementor acquires Atea Transaction highlights „ Ementor ASA acquires all shares in Atea Holding AB for NOK 891 mill (SEK 1.05 billion) on a cash and debt free basis (Enterprise Value) „ The acquisition will be financed through – Equity issue in Ementor1): NOK 350 – 450 mill – New debt (committed fact

  3. Slide 3: Atea highlights

    Atea highlights „ Second largest provider of IT infrastructure Financial development (NOK mill) solutions and products in the Nordic region 6 800 160 150 „ No. 1 market positions as provider of IT 135 6 700 133 140 infrastructure solutions and products in Sweden and Finland, no. 2 in Denmark and pre

  4. Slide 4: Atea is a perfect match ...

    Atea is a perfect match ... The combined company will be characterised by: „ Pan-Nordic leading position „ #3 provider of IT infrastructure solutions and products in Europe „ Broadened customer base „ Increased purchasing power towards OEM’s and suppliers „ Atea to be part of the already initiated E

  5. Slide 5: ... with complementary geographical presence

    ... with complementary geographical presence A total pro forma revenue base of NOK 13 billion Total: NOK 2.3 bn Total: NOK 4.5 bn 4,0 4,0 3,6 3,0 3,0 2,0 2,0 2,0 0,9 1,0 0,3 1,0 0,0 0,0 Em entor/ Atea Em entor/ Atea Topnordic Topnordic Total: NOK 4.5 bn Total: NOK 1.7 bn 4,0 4,0 3,3 3,0 3,0 1,6 2,0

  6. Slide 6: ... and more of same product mix

    ... and more of same product mix Ementor/Topnordic* Atea* Combined * Services Services 6 & Cons. Cons. Services 9% 16 % & Cons. 22 % Software 20 % Software 16 % Software 12 % Hardware 66 % Hardware Hardware 68 % 71 % „ System integration requires size and an effective product sales channel to suppor

  7. Slide 7: Creates the #3 in Europe - Solid platform for further growth and geographic expansion

    Creates the #3 in Europe - Solid platform for further growth and geographic expansion Pro forma revenues of NOK 13 bn - Largest IT company on Oslo Stock Exchange in terms of revenues More than 3,100 employees Highly effective e-shop solutions Strong sales organisation European players (in NOK) Most

  8. Slide 8: Financial targets and synergies

    Financial targets and synergies „ Aims for a profitable growth – Revenue growth of up to 2-3% p.a. – EBITDA margins of up to 4% „ Synergies expected to be derived from – Sales efficiency and larger customer base (additional sales on the customer portfolio) – Improved utilisation of overhead costs an

  9. Slide 9: Ementor – a year of transformation

    Ementor – a year of transformation H2 2005 H1 2006 „ Major restructuring measures „ Merger with Topnordic in February 2006 implemented in all countries „ Merger integration process on track „ Sale of Finnish operation „ Sale of M-Net in Denmark „ Sale of outsourcing businesses in Norway and Sweden „

  10. Slide 10: Strategy for the new combined company

    Strategy for the new combined company „ Maintain and consolidate Nordic position – Build and maintain customer base – Extraction of synergies – Lean and focused operations „ Growth outside Nordic region „ Scalability of business model – e-shop integration with suppliers and customers „ Broaden distr

  11. Slide 11: Integration plan

    Integration plan Aug – Dec 2006 Jan – Dec 2007 2008 - 2009 Closing and Revenue Integration and growth and commence of consolidation optimisations integration „ Closing of the transaction „ Focus on EBITDA margin „ Focus on profitability and expected by end of August improvement revenue growth throug

  12. Slide 12: For further information please contact:

    For further information please contact: General inquires please send a mail to [email protected] Jo Lunder President & CEO Tel +47 22 09 55 66, Mob +47 900 80 842 [email protected] Rune Falstad CFO Tel +47 22 09 52 57, Mob +47 906 14 482 [email protected] Karine Mathiesen Communication Di

  13. Slide 13: Other information

    Other information „ For more information, please see information on the following web sites – www.ementor.no – www.topnordic.dk – www.atea.se „ For a detailed description of other information, like e.g. risk factors which applies to Ementor, legal disputes and other important information, please als

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