Nedap N.V. · Financial results 2019 x € 1 million 2019 2018 Growth Revenue 191.5 191.4 -...
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Transcript of Nedap N.V. · Financial results 2019 x € 1 million 2019 2018 Growth Revenue 191.5 191.4 -...
Nedap N.V.
Annual general meeting of shareholdersGroenlo, 25 June 2020
Financial results 2019
x € 1 million 2019 2018 Growth
Revenue 191.5 191.4 -
Recurring revenue 44.6 37.2 20%
Operating profit 17.5 19.4 -10%
Profit for the financial year 24.1 17.1 +41%
Main developments 2019
Healthcare continues to grow
Revenue up at Identification Systems
Light Controls improvedafter hard reset
Main developments 2019
Livestock Management revenue down to normal levels in cow farming sector, pig farming sector greatly affected by African Swine Fever
Main developments 2019
Tough market conditions Retail, growing interest in !D Cloud
Solid performanceSecurity Management
Main developments 2019
Solid performanceSecurity Management
Staffing Solutions hit by decline large temp agencies, good progress with Source
Main developments 2019
Sale of Nedap France finalized
by August 1st
2019
Sharp reduction in inventory levels
(from € 37.5 mio to € 28.5 mio)
New 7-year credit agreement
with improved conditions
Increase in FTE from 681 to 724
(+43 FTE)
Introduction management board
Ruben Wegman
CEO
Daniëlle van der Sluijs
CFO
Rob Schuurman
Retail
Capturing Growth
Fokko van der Zee
Security Management
Enabling Growth
Guus Droppers
Healthcare
Sustaining Growth
90 years Nedap
750 Employees
90 years Nedap
9 Nedap Talks
Revenue development
+ 3%
- 7%
+ 5%
0%
Q1 2019 Q2 2019 Q3 2019 Q4 2019
Revenue development
+ 3%
- 7%
+ 5%
+ 9%
0%
Q1 2019 Q2 2019 Q3 2019 Q4 2019 Q1 2020
Outbreak COVID-19
Three priorities:
1. Employees
Outbreak COVID-19
Three priorities:
1. Employees
2. Customers
3. Continuity
Revenue development
20
+ 3%
- 7%
+ 5%
+ 9%
0%
Q1 2019 Q2 2019 Q3 2019 Q4 2019 Q1 2020
Revenue development
+ 3%
- 7%
+ 5%
+ 9%
0%
Q1 2019 Q2 2019 Q3 2019 Q4 2019 Q1 2020
- ..%
Q2 2020
Impact COVID-19
Healthcare less regular care provided,
growth in Mental Healthcare and Disabled Care
Identification Systemsprojects delayed due to lockdown,
parking industry affected by less traffic
Impact COVID-19
Light Controls both Luxon as UV business impacted,
new opportunities Luxon for UV to prevent COVID-19
Livestock Managementstrong demand for farm automation,
recovery Chinese Pig Market
Impact COVID-19
Retaildifficult market conditions,
increased interest for !D Cloud platform
Security Managementprojects delayed due to lockdown
Impact COVID-19
Security Managementprojects delayed due to lockdown
Staffing Solutionsimpacted by reduction of temp workers,
strong interest in Flux and Source
Impact COVID-19
The company’s strong financial base remains
undiminished at this time.
Outlook
The outbreak of COVID-19 is having a major impact on the global economy, and it is currently
uncertain how long the crisis will last and how severe the impact will ultimately be. It is
therefore not yet possible to make a reliable estimate of the effect on Nedap’s revenue in the
second half of the year.
As mentioned previously, when there is more clarity about the company’s developments in
the second half of the year, an interim dividend will be considered, financial results
permitting.
Stemresultaten
AVA 2020
Toelichting accountant op jaarrekeningcontrole
Onze controle nader verklaard
• www.pwc.nl
Belangrijkste elementen van onze controle
q Wij hebben op 20 februari 2020 een goedkeurende controleverklaringverstrekt bij de jaarrekening van Nedap over het boekjaar 2019.
q Gehanteerdematerialiteit bedraagt € 850.000.
q Full scope audits in Groenlo en bij Nedap Asia Limited.
q Specifiek overeengekomen werkzaamheden voor Nedap Inc.
q Kernpunten van onze controle:
ü Activering ontwikkelingskosten
ü Controle van de opbrengstverantwoording
q Het jaarverslag voldoet aan de daaraan te stellen vereisten.
